29 Stocks and 71 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 company Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) (WTGUU). The correlation is -0.8376.
Stocks that lowly correlated with FEMB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.84 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.81 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.79 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.78 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.60 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.51 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.50 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.50 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.49 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.49 |
| NMAX | Newsmax Inc Class B | $1B | Communication Services | Broadcasting | -0.47 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.47 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.47 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.46 |
| CSAI | Cloudastructure Inc - Class A | $8.98M | Technology | Software - Infrastructure | -0.45 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.45 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.44 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.44 |
| DEC | N/A | $1.05B | Energy | Oil & Gas Integrated | -0.44 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.42 |
| HMR | Sports Properties Acquisition Corp | $73M | Industrials | Marine Shipping | -0.41 |
| OMDA | Omada Health Inc | $975M | Healthcare | Health Information Services | -0.41 |
| HTCO | Caravelle International Group | $38M | Industrials | Marine Shipping | -0.40 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.40 |
| TPET | Trio Petroleum Corp | $3.76M | Energy | Oil & Gas E&p | -0.38 |
| AIRJW | Montana Technologies Corp Wt Exp | $1.88M | N/A | N/A | -0.37 |
| RAAQU | Real Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $69M | Financial Services | Shell Companies | -0.37 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.37 |
| WETO | Webus International Ltd | $11M | Technology | Software - Infrastructure | -0.35 |