16 Stocks and 84 ETFs for diversifying FEX (First Trust Large Cap Core AlphaDEX Fund)
The least correlated asset to FEX (First Trust Large Cap Core AlphaDEX Fund) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.9676.
Stocks that lowly correlated with FEX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.58 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.54 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.52 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.52 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.50 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.49 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.46 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.46 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.46 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.45 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.45 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.44 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.44 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.43 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.41 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.41 |