22 Stocks and 78 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 -0.9398.
Stocks that lowly correlated with FDM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.63 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.54 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.52 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.52 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.51 |
| OMDA | Omada Health Inc | $975M | Healthcare | Health Information Services | -0.51 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.50 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.49 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.48 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.48 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.47 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.47 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.46 |
| RDAG | Republic Digital Acquisition Co. - Class A | $310M | Financial Services | Shell Companies | -0.45 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.44 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.42 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.41 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $13M | Industrials | Farm & Heavy Construction Machinery | -0.41 |
| PC | Premium Catering (Holdings) Ltd | $30M | Industrials | Specialty Business Services | -0.40 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.39 |
| AII | American Integrity Insurance Group Inc | $328M | Financial Services | Insurance - Property & Casualty | -0.39 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.39 |