35 Stocks and 65 ETFs for diversifying FMY (First Trust Mortgage Income Fund)
The least correlated asset to FMY (First Trust Mortgage Income Fund) is company DEFSEC Technologies Inc Com (DFSC). The correlation is -0.6518.
Stocks that lowly correlated with FMY
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.65 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.57 |
| NCI | Neo Concept International Group Holdings Ltd | $22M | Consumer Cyclical | Apparel Manufacturing | -0.56 |
| WFF | WF Holding Ltd | $10M | Industrials | Specialty Industrial Machinery | -0.55 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.54 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.54 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.50 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.50 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.48 |
| BRLI | Brilliant Acquisition Corp | $5.92M | N/A | N/A | -0.46 |
| GIBO | GIBO Holdings Ltd | $42M | Communication Services | Internet Content & Information | -0.45 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.45 |
| TVAIU | Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $10M | Financial Services | Shell Companies | -0.45 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.45 |
| YHNAU | YHN Acquisition I Ltd - Units (1 Ord & 1 Rts) | $64M | Financial Services | Shell Companies | -0.44 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.44 |
| SIMAU | SIM Acquisition Corp I | $251M | Financial Services | Shell Companies | -0.44 |
| DAIC | CID HoldCo Inc | $5.39M | Technology | Information Technology Services | -0.43 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.42 |
| NHICU | NewHold Investment Corp II - Units (1 Ord Share Class A & 1/2 War) | $210M | N/A | N/A | -0.42 |
| EONR | HNR Acquisition Corp | $22M | Energy | Oil & Gas E&p | -0.41 |
| MNR | Mach Natural Resources LP | $2.26B | Energy | Oil & Gas E&p | -0.40 |
| RAAQU | Real Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $69M | Financial Services | Shell Companies | -0.40 |
| BDMD | Baird Medical Investment Holdings Ltd . | $44M | Healthcare | Medical Devices | -0.40 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.40 |
| SOBO | South Bow Corporation | $7.76B | N/A | N/A | -0.39 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.39 |
| SIMA | SIM Acquisition Corp I - Class A | $72M | Financial Services | Shell Companies | -0.38 |
| HMR | Sports Properties Acquisition Corp | $73M | Industrials | Marine Shipping | -0.38 |
| RDACU | Rising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $13M | Financial Services | Shell Companies | -0.38 |
| SKK | SKK Holdings Ltd | $7.37M | Industrials | Engineering & Construction | -0.38 |
| ATPC | Agape ATP Corp | $2.85M | Consumer Defensive | Packaged Foods | -0.38 |
| ATIIU | Archimedes Tech SPAC Partners II Co. - Units (1 Ord & 1/2 War) | $294M | Financial Services | Shell Companies | -0.38 |
| QSEAR | Quartzsea Acquisition Corp | $814K | N/A | N/A | -0.37 |
| EDHL | Everbright Digital Holding Ltd | $4.80M | Communication Services | Advertising Agencies | -0.37 |