17 Stocks and 83 ETFs for diversifying FDNI (FIRST TRUST DOW JONES INTERNATIONAL INTERNET ETF)
The least correlated asset to FDNI (FIRST TRUST DOW JONES INTERNATIONAL INTERNET ETF) is ETF YXI (ProShares Short FTSE China 50 -1x Shares). The correlation is -0.8096.
Stocks that lowly correlated with FDNI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.55 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.50 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.48 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.45 |
| SHLT | SHL Telemedicine Ltd ADR | $39M | Healthcare | Health Information Services | -0.45 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.42 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.41 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.40 |
| DTSQ | DT Cloud Star Acquisition Corp | $70M | Financial Services | Shell Companies | -0.40 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.39 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.39 |
| NCI | Neo Concept International Group Holdings Ltd | $48M | Consumer Cyclical | Apparel Manufacturing | -0.39 |
| HSPTR | Horizon Space Acquisition II Corp Right | $1M | N/A | N/A | -0.38 |
| AVBC | Avidia Bancorp Inc | $407M | Financial Services | Banks - Regional | -0.38 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.37 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.37 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.35 |