10 Stocks and 90 ETFs for diversifying FFA (First Trust Enhanced Equity Income Fund)
The least correlated asset to FFA (First Trust Enhanced Equity Income Fund) is ETF SH (ProShares Short S&P500 -1x Shares). The correlation is -0.9393.
Stocks that lowly correlated with FFA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.59 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.52 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.51 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.51 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.51 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.50 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.49 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.49 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.47 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.45 |