6 Stock and 94 ETF FBT (FIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUND) alternatives
The most close FBT (FIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUND) alternative is ETF IBB (ISHARES BIOTECHNOLOGY ETF). The correlation is 0.9168.
Stocks that highly correlated with FBT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust | $1.73M | N/A | N/A | 0.82 |
| SION | Sionna Therapeutics Inc | $1.96B | Healthcare | Biotechnology | 0.78 |
| BMEZ | BlackRock Health Sciences Term Trust | $1.53B | Financial Services | Asset Management | 0.76 |
| VYLD | J P Morgan Chase & Co Inverse VIX ShortTerm Futures ETNs due March 22 2045 | $78B | N/A | N/A | 0.74 |
| ADAMG | Adamas Trust Inc | $2.26B | N/A | N/A | 0.73 |
| BON | Bon Natural Life Ltd | $4.72M | Basic Materials | Specialty Chemicals | 0.69 |