Overview Holdings Performance Dividends Similar Etfs Correlations

24 Stocks and 76 ETFs for diversifying FDM (FIRST TRUST DOW JONES SELECT MICROCAP INDEX FUND)

The least correlated asset to FDM (FIRST TRUST DOW JONES SELECT MICROCAP INDEX FUND) is ETF SBB (ProShares Short SmallCap600 -1x Shares). The correlation is -0.9395.

Stocks that lowly correlated with FDM

Symbol	Name	Market cap	Sector	Industry	Correlation
GTERU	Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)	$53M	Financial Services	Shell Companies	-0.69
CCIIW	Cohen Circle Acquisition Corp II - Warrants(01/07/2030)	$3.81M	N/A	N/A	-0.67
VNMEU	Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.64
INAC	Indigo Acquisition Corp	$118M	Financial Services	Shell Companies	-0.62
TACH	Titan Acquisition Corp - Class A	$288M	Financial Services	Shell Companies	-0.61
INACR	Indigo Acquisition Corp Right	$448K	N/A	N/A	-0.61
ELOG	Eastern International Ltd	$9.59M	Industrials	Integrated Freight & Logistics	-0.60
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.59
KCHV	Kochav Defense Acquisition Corp - Class A	$263M	Financial Services	Shell Companies	-0.54
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.52
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.51
BMGL	Basel Medical Group Ltd	$9.61M	Healthcare	Medical Care Facilities	-0.50
OFSSO	OFS Capital Corp	$341M	N/A	N/A	-0.50
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.49
PACH	Pioneer Acquisition I Corp - Class A	$260M	Financial Services	Shell Companies	-0.49
SSEAU	Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)	$19M	Financial Services	Shell Companies	-0.47
IPCX	Inflection Point Acquisition Corp III - Class A	$263M	Financial Services	Shell Companies	-0.46
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.46
VNMEW	Vendome Acquisition Corporation I Warrant	$2.70M	N/A	N/A	-0.46
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.45
FIGXU	FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$35M	Financial Services	Shell Companies	-0.43
OBA	Oxley Bridge Acquisition Ltd - Class A	$260M	Financial Services	Shell Companies	-0.43
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.43
RDAG	Republic Digital Acquisition Co. - Class A	$311M	Financial Services	Shell Companies	-0.42

ETFs that lowly correlated with FDM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.94
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.92
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.91
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.90
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.90
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.89
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.88
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.86
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.85
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.84
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.84
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.82
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.81
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.81
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.79
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.78
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.77
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.76
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.76
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.74
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.73
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.72
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.71
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.70
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.70
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.69
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.69
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.69
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.69
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.68
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.68
DRIP	Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF	$131M	N/A	May 28, 2015	-0.68
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.67
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.67
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.66
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.66
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.66
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.64
DUG	ProShares UltraShort Energy	$27M	N/A	Jan 30, 2007	-0.64
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.63
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.63
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.62
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.62
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$49M	N/A	Nov 6, 2008	-0.61
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.60
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.59
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.59
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.58
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.57
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.57
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.56
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.56
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.56
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.55
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.55
OILD	Bank of Montreal	$53M	N/A	Nov 8, 2021	-0.54
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$895M	N/A	Nov 24, 2008	-0.53
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.53
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.52
WTID	Bank of Montreal	$18M	N/A	Feb 16, 2023	-0.52
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.52
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.51
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.50
TSLZ	T-REX 2X INVERSE TESLA DAILY TARGET ETF	$31M	N/A	Oct 18, 2023	-0.48
TSDD	GRANITESHARES 2X SHORT TSLA DAILY ETF	$39M	N/A	Aug 21, 2023	-0.46
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.45
QID	PROSHARES ULTRASHORT QQQ	$233M	N/A	Jul 11, 2006	-0.44
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$29M	N/A	Jul 16, 2009	-0.44
SHRT	GOTHAM SHORT STRATEGIES ETF	$14M	1.35%	Jul 31, 2017	-0.44
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.43
PANG	LEVERAGE SHARES 2X LONG PANW DAILY ETF	$8.90M	N/A	Mar 20, 2025	-0.43
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$35M	1.05%	Jul 9, 2024	-0.43
TSLQ	Tradr 2X Short TSLA Daily ETF	$114M	N/A	Jul 13, 2022	-0.43
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.42
TSLS	Direxion Daily TSLA Bear 1X Shares	$66M	0.95%	Aug 8, 2022	-0.42
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.42