25 Stocks and 75 ETFs for diversifying FHEQ (FIDELITY HEDGED EQUITY ETF)
The least correlated asset to FHEQ (FIDELITY HEDGED EQUITY ETF) is company U.S. Xpress Enterprises (USX). The correlation is -1.
Stocks that lowly correlated with FHEQ
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| USX | U.S. Xpress Enterprises Inc - Class A | $332M | Industrials | Trucking | -1.00 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.97 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.90 |
| PLMI | Plum Acquisition Corp I - Class A | $192M | N/A | N/A | -0.70 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.65 |
| EXC | Exelon Corp | $47B | Utilities | Utilities - Regulated Electric | -0.62 |
| ED | Consolidated Edison Inc | $40B | Utilities | Utilities - Regulated Electric | -0.61 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.61 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.60 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.57 |
| PIRS | Pieris Pharmaceuticals Inc | $24M | N/A | N/A | -0.56 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.54 |
| ITI | Iteris Inc | $316M | N/A | N/A | -0.54 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.53 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.52 |
| ESLT | Elbit Systems Ltd | $34B | Industrials | Aerospace & Defense | -0.50 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.49 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.48 |
| TWKS | Thoughtworks Holding Inc | $1.45B | N/A | N/A | -0.48 |
| CAPS | Capstone Holding Corp | $2.58M | Basic Materials | Building Materials | -0.47 |
| AWK | American Water Works Co. Inc | $25B | Utilities | Utilities - Regulated Water | -0.47 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.47 |
| LND | Brasilagro Companhia Brasileira De Propriedade Agricola | $368M | Consumer Defensive | Farm Products | -0.46 |
| BGS | B&G Foods Inc | $305M | Consumer Defensive | Packaged Foods | -0.46 |
| GATE | VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF | $425M | Financial Services | Shell Companies | -0.45 |