27 Stocks and 73 ETFs for diversifying FPA (FIRST TRUST ASIA PACIFIC EX-JAPAN ALPHADEX FUND)
The least correlated asset to FPA (FIRST TRUST ASIA PACIFIC EX-JAPAN ALPHADEX FUND) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.8741.
Stocks that lowly correlated with FPA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.79 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.68 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.67 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.65 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.62 |
| WAY | Waystar Holding Corp | $4.35B | Healthcare | Health Information Services | -0.58 |
| BACC | Blue Acquisition Corp - Class A | $214M | Financial Services | Shell Companies | -0.56 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.54 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.53 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.52 |
| RAAQ | Real Asset Acquisition Corp - Class A | $231M | Financial Services | Shell Companies | -0.51 |
| QETAR | Quetta Acquisition Corp | $1.43M | N/A | N/A | -0.51 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.49 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.46 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.46 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.45 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.45 |
| MNTN | MNTN Inc - Class A | $751M | Technology | Software - Application | -0.45 |
| CCIXW | Churchill Capital Corp IX - Warrants (04/12/2029) | $17M | N/A | N/A | -0.45 |
| PTLE | PTL Ltd | $70M | Consumer Cyclical | Specialty Retail | -0.43 |
| DGNX | Diginex Ltd | $28M | Industrials | Consulting Services | -0.42 |
| TWFG | TWFG Inc - Class A | $380M | Financial Services | Insurance Brokers | -0.41 |
| RETO | ReTo Eco-Solutions Inc - Class A | $6.39M | Basic Materials | Building Materials | -0.41 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.41 |
| FVNNR | Future Vision II Acquisition Corporation Right | $341K | N/A | N/A | -0.40 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.40 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.40 |