17 Stocks and 83 ETFs for diversifying FCLD (FIDELITY CLOUD COMPUTING ETF)
The least correlated asset to FCLD (FIDELITY CLOUD COMPUTING ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with FCLD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.85 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.78 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.67 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.62 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.58 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.57 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.57 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.57 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.56 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.54 |
| AUGO | Aura Minerals Inc | $4.54B | Basic Materials | Gold | -0.53 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.52 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.52 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.51 |
| NOC | Northrop Grumman Corp | $75B | Industrials | Aerospace & Defense | -0.46 |
| CAPS | Capstone Holding Corp | $2.58M | Basic Materials | Building Materials | -0.45 |
| AVBC | Avidia Bancorp Inc | $407M | Financial Services | Banks - Regional | -0.45 |