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37 Stocks and 63 ETFs for diversifying FAI (FIRST TRUST BLOOMBERG ARTIFICIAL INTELLIGENCE ETF)

The least correlated asset to FAI (FIRST TRUST BLOOMBERG ARTIFICIAL INTELLIGENCE ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with FAI

SymbolName
Market cap
SectorIndustry
Correlation
PIRSPieris Pharmaceuticals Inc$24MN/AN/A-1.00
LBPHLongboard Pharmaceuticals Inc$2.34BN/AN/A-1.00
IVCPUAleAnna Inc - Units (1 Ord Share Class A & 1/2 War)$308MN/AN/A-1.00
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.76
DMDesktop Metal Inc - Class A$165MN/AN/A-0.70
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.70
EDConsolidated Edison Inc$40BUtilitiesUtilities - Regulated Electric-0.66
SLGCSomaLogic Inc - Class A$393MHealthcareHealth Information Services-0.64
ADCAgree Realty Corp$9.32BReal EstateReit - Retail-0.64
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.63
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.63
SMTKSmartKem, Inc. Common Stock$4.23MTechnologySemiconductor Equipment & Materials-0.62
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.62
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.59
TAKTakeda Pharmaceutical Company$51BHealthcareDrug Manufacturers - Specialty & Generic-0.59
MLGOMicroAlgo Inc$31MTechnologySoftware - Infrastructure-0.59
PPCPilgrim`s Pride Corp$6.76BConsumer DefensivePackaged Foods-0.59
NHINational Health Investors Inc$3.66BReal EstateReit - Healthcare Facilities-0.59
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.58
AWKAmerican Water Works Co. Inc$25BUtilitiesUtilities - Regulated Water-0.58
CNPCenterpoint Energy Inc$28BUtilitiesUtilities - Regulated Electric-0.57
WSBKWinchester Bancorp Inc$121MFinancial ServicesBanks - Regional-0.56
BJBJ`s Wholesale Club Holdings Inc$12BConsumer DefensiveDiscount Stores-0.55
BGSB&G Foods Inc$305MConsumer DefensivePackaged Foods-0.55
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.55
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.55
CORCencora Inc$58BHealthcareMedical Distribution-0.54
MCDMcDonald`s Corp$189BConsumer CyclicalRestaurants-0.54
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.53
NJRNew Jersey Resources Corporation$5.84BUtilitiesUtilities - Regulated Gas-0.53
CABOCable One Inc$228MCommunication ServicesTelecom Services-0.53
EXCExelon Corp$47BUtilitiesUtilities - Regulated Electric-0.53
ADMAAdma Biologics Inc$2.02BHealthcareBiotechnology-0.52
CAGConagra Brands Inc$6.75BConsumer DefensivePackaged Foods-0.52
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.51
WVVIPWillamette Valley Vineyard Inc$22MConsumer DefensiveBeverages - Wineries & Distilleries-0.51
JBSJBS N.V. - Class A$13BConsumer DefensivePackaged Foods-0.51

ETFs that lowly correlated with FAI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.97
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.95
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.95
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.90
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.90
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.90
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.89
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.88
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.86
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.86
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.79
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.78
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.77
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.77
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.77
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.77
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.77
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.76
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.76
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.76
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.76
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.75
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.74
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.73
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.73
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.72
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.72
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.72
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.70
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.69
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.68
SMCPAlphaMark Actively Managed Small Cap ETF$3.50M0.79%May 11, 2026-0.67
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.67
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.66
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.66
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.66
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.66
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.65
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.64
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.64
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.63
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.63
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.62
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.61
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.61
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.61
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.61
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.59
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.58
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.55
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.54
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.53
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.53
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.52
CAOSALPHA ARCHITECT TAIL RISK ETF $705M0.63%Aug 14, 2013-0.52
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.52
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.51
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.51
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.51