Overview Performance Dividends Similar Etfs Correlations

46 Stocks and 54 ETFs for diversifying FDV (Federated Hermes U.S. Strategic Dividend ETF)

The least correlated asset to FDV (Federated Hermes U.S. Strategic Dividend ETF) is ETF JHDG (JOHN HANCOCK HEDGED EQUITY ETF). The correlation is -1.

Stocks that lowly correlated with FDV

Symbol	Name	Market cap	Sector	Industry	Correlation
TMAC	Music Acquisition Corporation - Series A	$290M	N/A	N/A	-1.00
SWETU	Athlon Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$277M	N/A	N/A	-1.00
SWET	Athlon Acquisition Corp - Class A	$278M	N/A	N/A	-1.00
SPTK	SportsTek Acquisition Corp - Class A	$219M	N/A	N/A	-1.00
RNWK	Realnetworks Inc	$35M	N/A	N/A	-1.00
OHPAU	Orion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)	$417M	N/A	N/A	-1.00
OHPA	Orion Acquisition Corp - Class A	$417M	N/A	N/A	-1.00
NDACU	NightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)	$444M	N/A	N/A	-1.00
NDAC	NightDragon Acquisition Corp - Class A	$445M	N/A	N/A	-1.00
MONCU	Monument Circle Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$251M	N/A	N/A	-1.00
HMCOU	HumanCo Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$386M	N/A	N/A	-1.00
HMCO	HumanCo Acquisition Corp - Class A	$387M	N/A	N/A	-1.00
AGTC	Applied Genetic Technologies Corp	$26M	N/A	N/A	-1.00
JCICU	Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)	$432M	N/A	N/A	-0.99
JMACU	Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)	$150M	N/A	N/A	-0.91
LHAI	Linkhome Holdings Inc	$19M	Real Estate	Real Estate Services	-0.70
COWNL	Cowen Inc	$796M	N/A	N/A	-0.68
LITTU	Logistics Innovation Technologies Corp - Units (1 Ord Share Class A & 1/3 War)	$349M	N/A	N/A	-0.64
JUGGU	Jaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)	$285M	N/A	N/A	-0.64
ALORU	ALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)	$22M	N/A	N/A	-0.63
HPLTU	Home Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$79M	N/A	N/A	-0.62
HCHL	Happy City Holdings Ltd - Class A	$59M	Consumer Cyclical	Restaurants	-0.60
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.58
DGNU	Dragoneer Growth Opportunities Corp III - Class A	$538M	N/A	N/A	-0.58
GET	GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica	$88M	N/A	N/A	-0.58
AKUS	Akouos Inc	$490M	N/A	N/A	-0.57
NMPAU	NMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$35M	Financial Services	Shell Companies	-0.56
TWNP	Twin Hospitality Group Inc. Class A Common Stock	$4.08M	Consumer Cyclical	Restaurants	-0.56
SLVRU	SilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)	$328M	N/A	N/A	-0.53
MCACU	ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)	$70M	Financial Services	Shell Companies	-0.53
FIGXU	FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$35M	Financial Services	Shell Companies	-0.53
ATPC	Agape ATP Corp	$2.52M	Consumer Defensive	Packaged Foods	-0.52
BRLI	Brilliant Acquisition Corp	$5.92M	N/A	N/A	-0.52
TTAN	ServiceTitan Inc - Class A	$7.44B	Technology	Software - Application	-0.52
APUS	Apimeds Pharmaceuticals US Inc	$8.51M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.51
STRZ	Starz Entertainment Corp	$468M	Communication Services	Entertainment	-0.51
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.51
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.51
OMDA	Omada Health Inc	$1.41B	Healthcare	Health Information Services	-0.51
AILE	iLearningEngines Holdings Inc - Class A	$59M	Technology	Software - Infrastructure	-0.49
CVII	Churchill Capital Corp VII - Class A	$570M	Financial Services	Shell Companies	-0.48
OTF	Blue Owl Technology Finance Corp	$4.79B	Financial Services	Asset Management	-0.45
YSXT	Ysx Tech Co.Ltd - Class A	$20M	Industrials	Specialty Business Services	-0.45
KUKE	Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares)	$5.93M	Communication Services	Entertainment	-0.44
DAIC	CID HoldCo Inc	$40M	Technology	Information Technology Services	-0.44
EPWK	EPWK Holdings Ltd - Class A	$9.78K	Technology	Software - Application	-0.43

ETFs that lowly correlated with FDV

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
JHDG	JOHN HANCOCK HEDGED EQUITY ETF	$90M	0.49%	Apr 7, 2026	-1.00
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	-0.96
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.78
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.76
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.68
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.67
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.67
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.65
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.65
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.64
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.64
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.63
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.62
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.62
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.61
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.61
MSFW	ROUNDHILL MSFT WEEKLYPAY ETF	$27M	N/A	Jul 23, 2025	-0.61
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.61
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.61
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.60
NOWL	GRANITESHARES 2X LONG NOW DAILY ETF	$286M	N/A	Jul 14, 2025	-0.60
SDP	ProShares UltraShort Utilities -2x Shares	$3.90M	N/A	Jan 30, 2007	-0.59
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.58
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.58
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.57
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.57
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.57
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.57
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.56
COYY	GRANITESHARES YIELDBOOST COIN ETF	$21M	1.07%	Jul 28, 2025	-0.55
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.54
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.54
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.54
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.54
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.53
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.53
BCCC	GLOBAL X BITCOIN COVERED CALL ETF	$8.20M	0.75%	Jun 3, 2025	-0.51
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$176M	0.50%	May 10, 2021	-0.51
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.50
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.49
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.49
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.49
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3.20M	N/A	Jun 16, 2009	-0.48
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.48
TBF	PROSHARES SHORT 20+ YEAR TREASURY	$87M	0.95%	Aug 18, 2009	-0.48
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.47
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.47
TBT	PROSHARES ULTRASHORT 20+ YEAR TREASURY	$280M	N/A	Apr 29, 2008	-0.47
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.47
TTT	ProShares UltraPro Short 20+ Year Treasury -3x Shares	$17M	N/A	Mar 27, 2012	-0.46
TMV	DIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES	$163M	N/A	Apr 16, 2009	-0.46
SSK	REX-OSPREY(TM) SOL + STAKING ETF	$68M	1.40%	Jul 1, 2025	-0.46
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.46
CBTY	Calamos Bitcoin 80 Series Structured Alt Protection ETF July	$11M	0.69%	Jul 8, 2025	-0.44