30 Stocks and 70 ETFs for diversifying FMB (FIRST TRUST MANAGED MUNICIPAL ETF)
The least correlated asset to FMB (FIRST TRUST MANAGED MUNICIPAL ETF) is company Accelerant (ARX). The correlation is -0.8343.
Stocks that lowly correlated with FMB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.83 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.60 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.60 |
| ETOR | Etoro Group Ltd - Class A | $3.63B | Financial Services | Capital Markets | -0.59 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.57 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.57 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.57 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.55 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.54 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.52 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.52 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.49 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.49 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.49 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.48 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.47 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.47 |
| MNTN | MNTN Inc - Class A | $751M | Technology | Software - Application | -0.46 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.45 |
| YSXT | Ysx Tech Co.Ltd - Class A | $20M | Industrials | Specialty Business Services | -0.43 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.43 |
| DMAA | Drugs Made In America Acquisition Corp | $246M | Financial Services | Shell Companies | -0.43 |
| RAY | Raytech Holding Ltd | $8.20M | Consumer Defensive | Household & Personal Products | -0.43 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.42 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $35M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.42 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.42 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.41 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.41 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.41 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.40 |