56 Stocks and 44 ETFs for diversifying FAAR (FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF)
The least correlated asset to FAAR (FIRST TRUST ALTERNATIVE ABSOLUTE RETURN STRATEGY ETF) is company Horizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts) (HSPTU). The correlation is -0.7415.
Stocks that lowly correlated with FAAR
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HSPTU | Horizon Space Acquisition II Corp - Unit (1 Ordinary share & 1 Rts) | $25M | Financial Services | Shell Companies | -0.74 |
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust | $1.73M | N/A | N/A | -0.74 |
| KKRT | KKR & Co. Inc | $22B | N/A | N/A | -0.73 |
| BACQ | Bleichroeder Acquisition Corp I - Class A | $545M | Financial Services | Shell Companies | -0.65 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.63 |
| EGHA | EGH Acquisition Corp - Class A | $212M | Financial Services | Shell Companies | -0.62 |
| ACTU | Actuate Therapeutics Inc | $50M | Healthcare | Biotechnology | -0.62 |
| PMTW | Pennymac Mortgage Investment Trust | $2.23B | N/A | N/A | -0.62 |
| HSPT | Horizon Space Acquisition II Corp | $61M | Financial Services | Shell Companies | -0.62 |
| CLBR | Colombier Acquisition Corp II - Class A | $366M | Financials | Investment Holding Companies | -0.62 |
| IPEXU | Inflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts) | $29M | Financial Services | Shell Companies | -0.59 |
| UYSCR | UY Scuti Acquisition Corp | $277K | N/A | N/A | -0.59 |
| CGCT | Cartesian Growth Corp III - Class A | $283M | Financial Services | Shell Companies | -0.57 |
| AOMD | Angel Oak Mortgage REIT Inc | $622M | N/A | N/A | -0.57 |
| DRDBW | Roman DBDR Acquisition Corp II Warrants | $8.22M | N/A | N/A | -0.57 |
| TWFG | TWFG Inc - Class A | $275M | Financial Services | Insurance Brokers | -0.56 |
| TWOD | Two Harbors Investment Corp | $2.67B | N/A | N/A | -0.56 |
| PCSC | Perceptive Capital Solutions Corp - Class A | $97M | Financial Services | Shell Companies | -0.53 |
| BOW | Bowhead Specialty Holdings Inc | $886M | Financial Services | Insurance - Property & Casualty | -0.52 |
| MASK | 3 E Network Technology Group Ltd - Class A | $1.60M | Technology | Software - Application | -0.51 |
| DRDBU | Roman DBDR Acquisition Corp II - Units (1 Ord Cls A & 1/2 War) | $243M | Financial Services | Shell Companies | -0.50 |
| RAL | Ralliant Corporation | $6.99B | N/A | N/A | -0.49 |
| BYAH | Park Ha Biological Technology Co Ltd | $917K | Consumer Defensive | Household & Personal Products | -0.48 |
| AACI | Armada Acquisition Corp I | $77M | Financial Services | Shell Companies | -0.48 |
| FTAA | FTAC Athena Acquisition Corp - Class A | $261M | N/A | N/A | -0.47 |
| TRAK | DealerTrack Technologies Inc | $188M | Technology | Software - Application | -0.46 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.46 |
| IBG | Innovation Beverage Group Ltd | $1.22M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.46 |
| BUSEP | First Busey Corp | $2.18B | Financial Services | Banks - Regional | -0.45 |
| ODD | ODDITY Tech Ltd - Class A | $751M | Consumer Defensive | Household & Personal Products | -0.45 |
| TBBB | BBB Foods Inc - Class A | $4.24B | Consumer Defensive | Discount Stores | -0.45 |
| AARD | Aardvark Therapeutics Inc | $87M | Healthcare | Biotechnology | -0.44 |
| JCAP | Jefferson Capital Inc | $950M | Financial Services | Credit Services | -0.44 |
| SKWD | Skyward Specialty Insurance Group Inc | $2.04B | Financial Services | Insurance - Property & Casualty | -0.43 |
| ASPC | Alpha Capital Acquisition Co - Class A | $17M | Financial Services | Shell Companies | -0.43 |
| ASPCU | A SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $19M | Financial Services | Shell Companies | -0.43 |
| COLAU | Columbus Acquisition Corp - Units ( Ord Cls A & 1 Rts) | $62M | Financial Services | Shell Companies | -0.43 |
| LOAR | Loar Holdings Inc | $5.82B | Industrials | Aerospace & Defense | -0.42 |
| ATHR | Aether Holdings Inc | $43M | Technology | Software - Application | -0.42 |
| GTEN | Gores Holdings X Inc - Class A | $466M | Financial Services | Shell Companies | -0.42 |
| WGRX | Wellgistics Health Inc | $7.55M | Healthcare | Pharmaceutical Retailers | -0.42 |
| PMAX | Powell Max Ltd - Class A | $20M | Financial Services | Capital Markets | -0.41 |
| DMAAR | Drugs Made In America Acquisition Corp | $1.29M | N/A | N/A | -0.41 |
| PDCC | Pearl Diver Credit Company Inc | $69M | Financial Services | Asset Management | -0.41 |
| COLAR | Columbus Acquisition Corp Rights | $1.07M | N/A | N/A | -0.41 |
| CHPGR | ChampionsGate Acquisition Corp | $257K | N/A | N/A | -0.41 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $13M | Industrials | Farm & Heavy Construction Machinery | -0.40 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.40 |
| CMDB | Costamare Bulkers Holdings Ltd | $409M | Industrials | Marine Shipping | -0.40 |
| MRX | Marex Group Plc | $3.85B | Financial Services | Capital Markets | -0.40 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.40 |
| MACIU | Melar Acquisition Corp I - Units (1 Ord Class A & 1 War) | $197M | Financial Services | Shell Companies | -0.40 |
| JDZG | Jiade Ltd | $1.58M | Consumer Defensive | Education & Training Services | -0.39 |
| NUVL | Nuvalent Inc - Class A | $8.45B | Healthcare | Biotechnology | -0.39 |
| UCAR | U Power Ltd | $4.59M | Consumer Cyclical | Auto & Truck Dealerships | -0.38 |
| HONDW | HCM II Acquisition Corp. Warrant | $202M | N/A | N/A | -0.38 |