27 Stocks and 73 ETFs for diversifying FGD (FIRST TRUST DOW JONES GLOBAL SELECT DIVIDEND INDEX FUND)
The least correlated asset to FGD (FIRST TRUST DOW JONES GLOBAL SELECT DIVIDEND INDEX FUND) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.8936.
Stocks that lowly correlated with FGD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.64 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.63 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.58 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.57 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.56 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.54 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.52 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.51 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.48 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.47 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.46 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.44 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.44 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.43 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.42 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.42 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.42 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.41 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.41 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.41 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.40 |
| WETO | Wetour Robotics Ltd | $11M | Technology | Software - Infrastructure | -0.40 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.40 |
| NMAX | Newsmax Inc Class B | $1.09B | Communication Services | Broadcasting | -0.40 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.39 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.39 |
| TURB | Turbo Energy S.A. | $7.58M | Technology | Solar | -0.39 |