25 Stocks and 75 ETFs for diversifying FGM (FIRST TRUST GERMANY ALPHADEX FUND)
The least correlated asset to FGM (FIRST TRUST GERMANY ALPHADEX FUND) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.9144.
Stocks that lowly correlated with FGM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.79 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.73 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.63 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.56 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.55 |
| CSAI | Cloudastructure Inc - Class A | $8.98M | Technology | Software - Infrastructure | -0.54 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.53 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.50 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.47 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.44 |
| AII | American Integrity Insurance Group Inc | $328M | Financial Services | Insurance - Property & Casualty | -0.43 |
| TURB | Turbo Energy S.A. | $7.58M | Technology | Solar | -0.43 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.42 |
| AFRI | Forafric Global PLC | $270M | Consumer Defensive | Farm Products | -0.42 |
| EONR | HNR Acquisition Corp | $22M | Energy | Oil & Gas E&p | -0.42 |
| LSH | Lakeside Holding Ltd | $20M | Industrials | Integrated Freight & Logistics | -0.41 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.40 |
| CMPOV | CompoSecure Inc | $3.51B | N/A | N/A | -0.39 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.39 |
| ANNA | AleAnna Inc - Class A | $122M | Energy | Oil & Gas E&p | -0.39 |
| OMDA | Omada Health Inc | $975M | Healthcare | Health Information Services | -0.38 |
| BIAF | BioAffinity Technologies Inc | $7.42M | Healthcare | Diagnostics & Research | -0.38 |
| OKUR | Reneo Pharmaceuticals Inc - Class A | $59M | Healthcare | Biotechnology | -0.38 |
| GRO | Brazil Potash Corp | $132M | Basic Materials | Other Industrial Metals & Mining | -0.37 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.36 |