31 Stocks and 69 ETFs for diversifying FDD (FIRST TRUST STOXX EUROPEAN SELECT DIVIDEND INDEX FUND)
The least correlated asset to FDD (FIRST TRUST STOXX EUROPEAN SELECT DIVIDEND INDEX FUND) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.8579.
Stocks that lowly correlated with FDD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.77 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.62 |
| CSAI | Cloudastructure Inc - Class A | $8.98M | Technology | Software - Infrastructure | -0.59 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.58 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.57 |
| AII | American Integrity Insurance Group Inc | $328M | Financial Services | Insurance - Property & Casualty | -0.55 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.49 |
| LSH | Lakeside Holding Ltd | $20M | Industrials | Integrated Freight & Logistics | -0.46 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.46 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.46 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.43 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.42 |
| OMDA | Omada Health Inc | $975M | Healthcare | Health Information Services | -0.41 |
| CMPOV | CompoSecure Inc | $3.51B | N/A | N/A | -0.41 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.41 |
| LB | Landbridge Company LLC. - Class A | $5.70B | Energy | Oil & Gas Equipment & Services | -0.40 |
| UMAC | Unusual Machines Inc | $900M | Technology | Computer Hardware | -0.39 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.37 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.37 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.37 |
| EONR | HNR Acquisition Corp | $22M | Energy | Oil & Gas E&p | -0.36 |
| GRO | Brazil Potash Corp | $132M | Basic Materials | Other Industrial Metals & Mining | -0.36 |
| LOAR | Loar Holdings Inc | $5.82B | Industrials | Aerospace & Defense | -0.36 |
| ASBP | Aspire Biopharma Holdings Inc | $6.98M | Healthcare | Biotechnology | -0.36 |
| DNTH | Dianthus Therapeutics Inc | $4.73B | Healthcare | Biotechnology | -0.35 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.35 |
| AFRI | Forafric Global PLC | $270M | Consumer Defensive | Farm Products | -0.35 |
| NIPG | NIP Group Inc | $124M | Communication Services | Entertainment | -0.35 |
| TURB | Turbo Energy S.A. | $7.58M | Technology | Solar | -0.34 |
| MPTI | M-tron Industries Inc | $368M | Technology | Electronic Components | -0.34 |
| OSRH | Bellevue Life Sciences Acquisition Corp | $16M | Healthcare | Biotechnology | -0.34 |