29 Stocks and 71 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 -0.9191.
Stocks that lowly correlated with FDT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.70 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.65 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.62 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.55 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.55 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.53 |
| WAY | Waystar Holding Corp | $4.35B | Healthcare | Health Information Services | -0.53 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.51 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.50 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.50 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.49 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.49 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.48 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.47 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.47 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.47 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.47 |
| RAAQ | Real Asset Acquisition Corp - Class A | $231M | Financial Services | Shell Companies | -0.46 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.46 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.46 |
| MNTN | MNTN Inc - Class A | $751M | Technology | Software - Application | -0.45 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.45 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.44 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.43 |
| TWFG | TWFG Inc - Class A | $380M | Financial Services | Insurance Brokers | -0.42 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.42 |
| RETO | ReTo Eco-Solutions Inc - Class A | $6.39M | Basic Materials | Building Materials | -0.42 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.41 |
| LOAR | Loar Holdings Inc | $6.61B | Industrials | Aerospace & Defense | -0.41 |