34 Stocks and 66 ETFs for diversifying FEM (FIRST TRUST EMERGING MARKETS ALPHADEX FUND)
The least correlated asset to FEM (FIRST TRUST EMERGING MARKETS ALPHADEX FUND) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.8806.
Stocks that lowly correlated with FEM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.70 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.61 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.57 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.55 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.49 |
| LOAR | Loar Holdings Inc | $6.61B | Industrials | Aerospace & Defense | -0.48 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.48 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.47 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.47 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.47 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.46 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.46 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.45 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.45 |
| EDHL | Everbright Digital Holding Ltd | $5.88M | Communication Services | Advertising Agencies | -0.43 |
| TWFG | TWFG Inc - Class A | $380M | Financial Services | Insurance Brokers | -0.43 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.42 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.42 |
| LCCCR | Lakeshore Acquisition III Corp | $349K | N/A | N/A | -0.42 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.42 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.42 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.41 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.41 |
| BMHL | Bluemount Holdings Ltd | $146M | Financial Services | Capital Markets | -0.41 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.41 |
| IBG | Innovation Beverage Group Ltd | $1.60M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.40 |
| SDHIR | Siddhi Acquisition Corp | $1.13M | N/A | N/A | -0.40 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.40 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.40 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.39 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.39 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.39 |
| CV | CapsoVision Inc | $315M | Healthcare | Medical Devices | -0.39 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.39 |