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23 Stocks and 77 ETFs for diversifying FDT (FIRST TRUST DEVELOPED MARKETS EX-US ALPHADEX FUND)

The least correlated asset to FDT (FIRST TRUST DEVELOPED MARKETS EX-US ALPHADEX FUND) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.9276.

Stocks that lowly correlated with FDT

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.69
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.65
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.58
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.57
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.52
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.51
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.48
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.47
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.46
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.46
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.46
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.45
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.45
QETARQuetta Acquisition Corp$1.33MN/AN/A-0.45
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.45
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.42
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.39
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.38
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.38
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.38
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.38
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.37
LOARLoar Holdings Inc$5.82BIndustrialsAerospace & Defense-0.37

ETFs that lowly correlated with FDT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.93
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.92
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.90
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.86
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.86
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.86
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.80
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.78
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.78
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.78
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.77
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.77
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.76
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.76
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.76
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.76
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.76
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.75
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.75
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.75
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.75
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.74
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.74
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.72
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.72
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.71
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.71
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.70
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.69
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.69
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.66
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.66
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.65
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.64
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.64
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.64
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.63
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.62
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.62
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.61
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.60
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.60
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.59
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.59
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.59
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.57
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.57
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.57
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.55
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.55
OILDBank of Montreal$19MN/ANov 8, 2021-0.53
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.53
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.53
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.53
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.51
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.51
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.51
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.50
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.50
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.49
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.49
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.48
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.48
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.47
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.47
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.44
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.43
COIIREX COIN GROWTH & INCOME ETF $2.80MN/AJun 3, 2025-0.42
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.42
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.40
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.38
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.38
FNGDBank of Montreal$68MN/AJan 22, 2018-0.38
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.38
USDXSGI ENHANCED CORE ETF $319M1.08%Feb 28, 2024-0.38
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.37