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OverviewPerformanceDividendsCorrelations
High CorrelationLow Correlation

39 Stocks and 61 ETFs for diversifying FIAX (NICHOLAS FIXED INCOME ALTERNATIVE ETF)

The least correlated asset to FIAX (NICHOLAS FIXED INCOME ALTERNATIVE ETF) is company Forbion European Acquisition Corp - Units (1 Ord Share & 1/3 War) (FRBNU). The correlation is -0.8422.

Stocks that lowly correlated with FIAX

SymbolName
Market cap
SectorIndustry
Correlation
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.84
DLCAUDeep Lake Capital Acquisition Corp - Units (1 Ord Class A & 1/2 War)$262MN/AN/A-0.81
CPAAConyers Park III Acquisition Corp - Class A$367MN/AN/A-0.76
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.76
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.64
INKANear Intelligence Inc - Class A$190MN/AN/A-0.64
TANNITravelCenters of America Inc$368MN/AN/A-0.63
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.61
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.60
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.59
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.57
TANNLTravelCenters of America Inc$364MN/AN/A-0.56
ZINGUFTAC Zeus Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$587MN/AN/A-0.55
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.54
CRVOCervoMed Inc$28MHealthcareBiotechnology-0.53
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.52
RXDXPrometheus Biosciences Inc$9.49BN/AN/A-0.52
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.51
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.51
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.51
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.50
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-0.49
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.49
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.49
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.48
DFDVDeFi Development Corp$91MFinancial ServicesAsset Management-0.48
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.48
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.48
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.48
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.48
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.48
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.47
DMDesktop Metal Inc - Class A$165MN/AN/A-0.47
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.47
BOWNBowen Acquisition Corp$21MFinancial ServicesShell Companies-0.46
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.44
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.44
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.43
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.43

ETFs that lowly correlated with FIAX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.77
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.74
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.74
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.72
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.71
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.71
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.69
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.66
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.66
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.66
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.64
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.64
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.64
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.64
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.63
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.63
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.62
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.62
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.62
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.60
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.60
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.60
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.60
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.59
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-0.58
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.57
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.55
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.55
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.54
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.54
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.54
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.53
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.52
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.52
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.52
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.51
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.51
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.51
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.51
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.50
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.48
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.47
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.46
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.45
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.45
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.44
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.43
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.43
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.43
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.43
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.42
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.42
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.41