Overview Holdings Performance Dividends Similar Etfs Correlations

17 Stocks and 83 ETFs for diversifying FBT (FIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUND)

The least correlated asset to FBT (FIRST TRUST NYSE ARCA BIOTECHNOLOGY INDEX FUND) is ETF BIS (ProShares UltraShort Nasdaq Biotechnology -2x Shares). The correlation is -0.8922.

Stocks that lowly correlated with FBT

Symbol	Name	Market cap	Sector	Industry	Correlation
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.70
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.70
IBAC	IB Acquisition Corp	$46M	Financial Services	Shell Companies	-0.65
CURX	Curanex Pharmaceuticals Inc	$6.11M	Healthcare	Biotechnology	-0.58
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.58
FMFC	Kandal M Venture Ltd - Class A	$4.71M	Consumer Cyclical	Footwear & Accessories	-0.51
ALM	Alma Metals Limited	$3.90B	Basic Materials	Other Industrial Metals & Mining	-0.49
BLSH	Bullish	$3.80B	Technology	Software - Infrastructure	-0.48
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.48
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	-0.48
NAMI	Jinxin Technology Holding Company	$7.41M	Communication Services	Internet Content & Information	-0.47
RAY	Raytech Holding Ltd	$8.20M	Consumer Defensive	Household & Personal Products	-0.47
STRC	Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock	$29B	Technology	Software - Application	-0.47
KMRK	KTech Solutions Company Ltd	$21M	Consumer Cyclical	Leisure	-0.47
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.46
BUUU	BUUU Group Ltd - Class A	$293M	Industrials	Specialty Business Services	-0.44
BIAF	BioAffinity Technologies Inc	$3.25M	Healthcare	Diagnostics & Research	-0.44

ETFs that lowly correlated with FBT

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.89
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.83
GXPE	GLOBAL X PURECAP MSCI ENERGY ETF	$1.20M	0.15%	Jul 22, 2025	-0.75
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.75
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.74
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.74
XLEI	STATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$40M	0.35%	Jul 29, 2025	-0.72
USNG	AMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF	$7.40M	0.59%	May 19, 2025	-0.68
TNGY	TORTOISE ENERGY ETF	$515M	0.85%	Dec 27, 2010	-0.66
TIPA	NORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF	$18M	0.10%	Aug 18, 2025	-0.64
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.63
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.63
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.62
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.62
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.61
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.61
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.61
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.60
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.59
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.59
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.59
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.58
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.58
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.58
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.58
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.57
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.57
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.57
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.57
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.56
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.56
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.56
HFMF	UNLIMITED HFMF MANAGED FUTURES ETF	$22M	0.97%	Jul 14, 2025	-0.56
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.56
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.55
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.55
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.55
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.55
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.54
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.54
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.54
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.54
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.54
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.53
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.53
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.51
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.51
TIPB	NORTHERN TRUST 2035 INFLATION-LINKED DISTRIBUTING LADDER ETF	$8M	0.10%	Aug 18, 2025	-0.51
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.50
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.50
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.50
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.50
CPII	AMERICAN BEACON IONIC INFLATION PROTECTION ETF	$11M	0.70%	Jun 28, 2022	-0.50
IMST	BITWISE MSTR OPTION INCOME STRATEGY ETF	$8.20M	0.96%	Apr 1, 2025	-0.50
WZRD	Opportunistic Trader ETF	$976K	1.00%	Jun 24, 2025	-0.49
TURF	T. ROWE PRICE NATURAL RESOURCES ETF	$157M	0.44%	Jun 11, 2025	-0.49
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.49
MST	DEFIANCE LEVERAGED LONG + INCOME MSTR ETF	$12M	N/A	May 1, 2025	-0.48
MSTW	ROUNDHILL MSTR WEEKLYPAY ETF	$33M	N/A	Jul 23, 2025	-0.47
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.47
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.46
XOMX	Direxion Daily XOM Bull 2X Shares	$7.80M	N/A	Apr 22, 2025	-0.46
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.46
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.45
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.45
QID	PROSHARES ULTRASHORT QQQ	$233M	N/A	Jul 11, 2006	-0.45
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.45
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.45
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$16M	1.03%	Feb 11, 2025	-0.44
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.44
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.43
PALD	Direxion Daily PANW Bear 1X Shares	$1.80M	1.02%	Feb 10, 2025	-0.43
MSTP	GRANITESHARES 2X LONG MSTR DAILY ETF	$5.20M	N/A	Jun 9, 2025	-0.43
NTRL	First Trust Equity Market Neutral ETF	$19M	0.95%	Feb 4, 2020	-0.43
NFLU	T-REX 2X LONG NFLX DAILY TARGET ETF	$46M	N/A	Sep 26, 2024	-0.43
USE	USCF ENERGY COMMODITY STRATEGY ABSOLUTE RETURN FUND	$2.60M	0.79%	May 3, 2023	-0.43
NFXL	DIREXION DAILY NFLX BULL 2X SHARES	$141M	N/A	Oct 2, 2024	-0.43
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.42
TEXN	ISHARES TEXAS EQUITY ETF	$17M	0.20%	Jun 23, 2025	-0.42
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$176M	0.50%	May 10, 2021	-0.41
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$298M	0.90%	Dec 1, 2020	-0.41
USOY	DEFIANCE OIL ENHANCED OPTIONS INCOME ETF	$56M	1.12%	May 9, 2024	-0.40
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.40