33 Stocks and 67 ETFs for diversifying FJP (FIRST TRUST JAPAN ALPHADEX FUND)
The least correlated asset to FJP (FIRST TRUST JAPAN ALPHADEX FUND) is ETF EWV (ProShares UltraShort MSCI Japan -2x Shares). The correlation is -0.912.
Stocks that lowly correlated with FJP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.62 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.59 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.59 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.58 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.57 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.56 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.56 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.56 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.53 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.52 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.49 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.49 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.49 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.48 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.48 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.48 |
| QUMSU | Quantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $33M | Financial Services | Shell Companies | -0.47 |
| AACT | Ares Acquisition Corporation II - Class A | $588M | Financial Services | Shell Companies | -0.47 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.46 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.46 |
| GTERR | Globa Terra Acquisition Corporation Rights | $407K | N/A | N/A | -0.45 |
| LOAR | Loar Holdings Inc | $6.61B | Industrials | Aerospace & Defense | -0.45 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.45 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.45 |
| PEW | GrabAGun Digital Holdings Inc | $75M | Industrials | Aerospace & Defense | -0.44 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.44 |
| PGAC | Pantages Capital Acquisition Corp Cl A Ord Shs | $118M | Financial Services | Shell Companies | -0.43 |
| TLX | Telix Pharmaceuticals Ltd | $3.82B | Healthcare | Biotechnology | -0.42 |
| TWFG | TWFG Inc - Class A | $380M | Financial Services | Insurance Brokers | -0.42 |
| PCAP | Patriot Capital Funding Inc | $324M | Financial Services | Shell Companies | -0.42 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.41 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.41 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.41 |