30 Stocks and 70 ETFs for diversifying FAN (FIRST TRUST GLOBAL WIND ENERGY ETF)
The least correlated asset to FAN (FIRST TRUST GLOBAL WIND ENERGY ETF) is company Shoulder Innovations (SI). The correlation is -0.7761.
Stocks that lowly correlated with FAN
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.78 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.62 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.62 |
| BMHL | Bluemount Holdings Ltd | $146M | Financial Services | Capital Markets | -0.58 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.57 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.56 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.54 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.54 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.53 |
| WGRX | Wellgistics Health Inc | $6.79M | Healthcare | Pharmaceutical Retailers | -0.48 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.48 |
| CARL | Carlsmed Inc | $301M | Healthcare | Health Information Services | -0.46 |
| WETO | Wetour Robotics Ltd | $11M | Technology | Software - Infrastructure | -0.46 |
| NSRX | Nasus Pharma Ltd | $28M | Healthcare | Drug Manufacturers - General | -0.45 |
| LSBK | Lake Shore Bancorp Inc | $134M | Financial Services | Banks - Regional | -0.45 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.45 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.45 |
| GRDN | Guardian Pharmacy Services Inc | $2.54B | Healthcare | Medical Care Facilities | -0.44 |
| TGHL | Growhub Ltd (The) - Class A | $19M | Technology | Software - Infrastructure | -0.44 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.42 |
| WYHG | Wing Yip Food Holdings Group Ltd | $59M | Consumer Defensive | Packaged Foods | -0.42 |
| ZSPC | Zspace Inc | $2.96M | Technology | Computer Hardware | -0.42 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.42 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.41 |
| WAY | Waystar Holding Corp | $4.35B | Healthcare | Health Information Services | -0.41 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.41 |
| BOW | Bowhead Specialty Holdings Inc | $982M | Financial Services | Insurance - Property & Casualty | -0.40 |
| DLXY | Delixy Holdings Ltd | $7.64M | Energy | Oil & Gas Refining & Marketing | -0.40 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.39 |
| HMR | Sports Properties Acquisition Corp | $65M | Industrials | Marine Shipping | -0.38 |