27 Stocks and 73 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 -0.8895.
Stocks that lowly correlated with FEM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.50 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.47 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.47 |
| HPAI | Helport AI Ltd | $33M | Technology | Software - Infrastructure | -0.46 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.45 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.45 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.45 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.45 |
| LOAR | Loar Holdings Inc | $5.82B | Industrials | Aerospace & Defense | -0.44 |
| BDMD | Baird Medical Investment Holdings Ltd . | $44M | Healthcare | Medical Devices | -0.42 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.40 |
| BGM | Qilian International Holding Group Ltd - Class A | $7.45M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.39 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.38 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.38 |
| ANGX | Angel Studios Inc - Class A | $474M | Communication Services | Entertainment | -0.37 |
| TTAN | ServiceTitan Inc - Class A | $5.85B | Technology | Software - Application | -0.37 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.37 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.37 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.36 |
| TWFG | TWFG Inc - Class A | $275M | Financial Services | Insurance Brokers | -0.36 |
| WAY | Waystar Holding Corp | $3.65B | Healthcare | Health Information Services | -0.35 |
| IBG | Innovation Beverage Group Ltd | $1.22M | Consumer Defensive | Beverages - Wineries & Distilleries | -0.35 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $54M | Financial Services | Shell Companies | -0.35 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.34 |
| DBTX | Decibel Therapeutics Inc | $123M | N/A | N/A | -0.34 |
| LB | Landbridge Company LLC. - Class A | $5.70B | Energy | Oil & Gas Equipment & Services | -0.33 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.33 |