12 Stocks and 88 ETFs for diversifying FDIS (FIDELITY MSCI CONSUMER DISCRETIONARY INDEX ETF)
The least correlated asset to FDIS (FIDELITY MSCI CONSUMER DISCRETIONARY INDEX ETF) is ETF SCC (ProShares UltraShort Consumer Discretionary). The correlation is -0.9594.
Stocks that lowly correlated with FDIS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.57 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.57 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.56 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.53 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.48 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.45 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.45 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.44 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.44 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.43 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.43 |
| LINE | Lineage Inc | $9.85B | Real Estate | Reit - Industrial | -0.42 |