32 Stocks and 68 ETFs for diversifying FEMB (FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF)
The least correlated asset to FEMB (FIRST TRUST EMERGING MARKETS LOCAL CURRENCY BOND ETF) is ETF CCUP (T-REX 2X LONG CRCL DAILY TARGET ETF). The correlation is -0.8815.
Stocks that lowly correlated with FEMB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.80 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.71 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.61 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.59 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.53 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.52 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.50 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.50 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.50 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.50 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.49 |
| NMAX | Newsmax Inc Class B | $1.09B | Communication Services | Broadcasting | -0.47 |
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.47 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.46 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.45 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.45 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.45 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.44 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.43 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.43 |
| PN | Skycorp Solar Group Ltd - Series A | $91M | Technology | Solar | -0.43 |
| DEC | N/A | $961M | Energy | Oil & Gas Integrated | -0.42 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.42 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.41 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.40 |
| CSAI | Cloudastructure Inc - Class A | $7.44M | Technology | Software - Infrastructure | -0.39 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.39 |
| HTCO | Caravelle International Group | $20M | Industrials | Marine Shipping | -0.39 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.39 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.38 |
| TPET | Trio Petroleum Corp | $13M | Energy | Oil & Gas E&p | -0.38 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.38 |