52 Stocks and 48 ETFs for diversifying FMTM (MARKETDESK FOCUSED U.S. MOMENTUM ETF)
The least correlated asset to FMTM (MARKETDESK FOCUSED U.S. MOMENTUM ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with FMTM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -1.00 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -1.00 |
| OPOF | Old Point Financial Corp | $215M | Financial Services | Banks - Regional | -0.75 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.72 |
| WCN | Waste Connections Inc | $43B | Industrials | Waste Management | -0.72 |
| AWK | American Water Works Co. Inc | $25B | Utilities | Utilities - Regulated Water | -0.67 |
| GFL | GFL Environmental Inc (Sub Voting) | $14B | Industrials | Waste Management | -0.65 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.65 |
| EPIX | Essa Pharma Inc | $8.93M | Healthcare | Biotechnology | -0.64 |
| ANGX | Angel Studios Inc - Class A | $709M | Communication Services | Entertainment | -0.62 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.59 |
| RELI | Reliance Global Group Inc | $8.82M | Financial Services | Insurance Brokers | -0.58 |
| BRBR | Bellring Brands Inc | $1.42B | Consumer Defensive | Packaged Foods | -0.57 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.57 |
| SRAD | Sportradar Group AG - Class A | $4.49B | Technology | Software - Application | -0.56 |
| SENEB | Seneca Foods Corp - Class B | $1.20B | Consumer Defensive | Packaged Foods | -0.56 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.56 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.56 |
| RSG | Republic Services Inc | $67B | Industrials | Waste Management | -0.55 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.54 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.54 |
| ASNS | Actelis Networks Inc | $2.02M | Technology | Communication Equipment | -0.54 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.53 |
| TPET | Trio Petroleum Corp | $13M | Energy | Oil & Gas E&p | -0.53 |
| RLI | RLI Corp | $5.34B | Financial Services | Insurance - Property & Casualty | -0.53 |
| NFG | National Fuel Gas Company | $7.60B | Energy | Oil & Gas Integrated | -0.53 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.52 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.52 |
| HFFG | HF Foods Group Inc | $90M | Consumer Defensive | Food Distribution | -0.52 |
| BR | Broadridge Financial Solutions Inc | $17B | Technology | Information Technology Services | -0.52 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.52 |
| BWIN | The Baldwin Insurance Group Inc - Class A | $2.40B | Financial Services | Insurance Brokers | -0.52 |
| TRI | Thomson-Reuters Corp | $42B | Industrials | Specialty Business Services | -0.52 |
| WTRG | Essential Utilities Inc | $11B | Utilities | Utilities - Regulated Water | -0.51 |
| BANL | CBL International Ltd | $11M | Energy | Oil & Gas Midstream | -0.51 |
| LNG | Cheniere Energy Inc | $54B | Energy | Oil & Gas Midstream | -0.51 |
| AWR | American States Water Company | $3.32B | Utilities | Utilities - Regulated Water | -0.51 |
| ATPC | Agape ATP Corp | $2.52M | Consumer Defensive | Packaged Foods | -0.50 |
| ADMA | Adma Biologics Inc | $2.02B | Healthcare | Biotechnology | -0.50 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.50 |
| EXC | Exelon Corp | $47B | Utilities | Utilities - Regulated Electric | -0.50 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.49 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.49 |
| WM | Waste Management Inc | $94B | Industrials | Waste Management | -0.49 |
| VRSK | Verisk Analytics Inc | $25B | Industrials | Consulting Services | -0.49 |
| ROP | Roper Technologies Inc | $36B | Technology | Software - Application | -0.49 |
| MNTN | MNTN Inc - Class A | $751M | Technology | Software - Application | -0.49 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.49 |
| BRO | Brown & Brown Inc | $22B | Financial Services | Insurance Brokers | -0.48 |
| DPZ | Dominos Pizza Inc | $10B | Consumer Cyclical | Restaurants | -0.48 |
| DTCX | Datacentrex Inc | $74M | Financial Services | Financial Data & Stock Exchanges | -0.48 |
| HRTG | Heritage Insurance Holdings Inc | $796M | Financial Services | Insurance - Property & Casualty | -0.47 |