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8 Stocks and 92 ETFs for diversifying FDN (FIRST TRUST DOW JONES INTERNET INDEX FUND)

The least correlated asset to FDN (FIRST TRUST DOW JONES INTERNET INDEX FUND) is ETF WEBS (DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES). The correlation is -0.9791.

Stocks that lowly correlated with FDN

SymbolName
Market cap
SectorIndustry
Correlation
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.66
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.58
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.50
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.49
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.47
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.47
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.47
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.46

ETFs that lowly correlated with FDN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.98
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.90
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.88
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.86
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.85
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.85
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.82
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.79
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.79
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.79
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.78
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.76
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.75
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.74
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.74
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.74
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.74
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.74
FNGDBank of Montreal$68MN/AJan 22, 2018-0.73
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.72
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.72
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.72
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.71
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.71
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.70
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.70
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.70
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.70
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.70
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.68
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.68
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.68
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.68
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.67
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.67
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.67
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.67
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.66
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.65
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.65
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.65
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.65
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.64
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.64
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.64
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.63
BITIProShares Short Bitcoin ETF$187M1.01%Jun 21, 2022-0.62
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.61
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.61
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.60
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.59
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.59
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.58
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.58
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.58
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.57
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.57
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.57
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.56
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.56
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.55
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.55
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.54
RTXGLeverage Shares 2X Long RTX Daily ETF$4MN/AJun 5, 2025-0.54
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.54
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.54
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.54
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $29M0.98%Dec 10, 2024-0.54
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.53
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.53
WNTRYieldMax Short MSTR Option Income Strategy ETF$72M1.00%Mar 26, 2025-0.52
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.51
NFXSDIREXION DAILY NFLX BEAR 1X SHARES $5M1.03%Oct 2, 2024-0.51
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.50
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.50
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.49
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.49
IAUINEOS GOLD HIGH INCOME ETF $427M0.79%Jun 4, 2025-0.49
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.48
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.48
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.48
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.48
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.48
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.48
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.47
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.47
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.47
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.47