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77 Stocks and 23 ETFs for diversifying FPAS (FPA SHORT DURATION GOVERNMENT ETF)

The least correlated asset to FPAS (FPA SHORT DURATION GOVERNMENT ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with FPAS

SymbolName
Market cap
SectorIndustry
Correlation
PIRSPieris Pharmaceuticals Inc$24MN/AN/A-1.00
LBPHLongboard Pharmaceuticals Inc$2.34BN/AN/A-1.00
IVCPUAleAnna Inc - Units (1 Ord Share Class A & 1/2 War)$308MN/AN/A-1.00
CNLCollective Mining Ltd.$1.14BBasic MaterialsGold-0.99
RAINRain Enhancement Technologies Holdco, Inc. Class A Common Stock$13MIndustrialsPollution & Treatment Controls-0.98
ATIFATIF Holdings Ltd$6.07MN/AN/A-0.92
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.80
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.80
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.80
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.80
HLVXHilleVax Inc$105MHealthcareBiotechnology-0.75
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.75
PUBMPubMatic Inc - Class A$650MTechnologySoftware - Application-0.74
TWLOTwilio Inc Class A$32BTechnologySoftware - Infrastructure-0.73
VTLEVital Energy, Inc.$693MEnergyOil & Gas E&p-0.73
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.72
SKXSkechers U S A Inc - Class A$9.55BConsumer CyclicalFootwear & Accessories-0.72
MRCMRC Global Inc$1.16BEnergyOil & Gas Equipment & Services-0.71
CMMBChemomab Therapeutics Ltd$11MHealthcareBiotechnology-0.71
FRESFresh2 Group Limited$2.97MHealthcareDiagnostics & Research-0.71
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.70
RAMPLiveRamp Holdings Inc$2.42BTechnologySoftware - Infrastructure-0.70
DMRCDigimarc Corporation$145MTechnologySoftware - Application-0.70
OLOOlo Inc - Class A$1.87BTechnologySoftware - Application-0.69
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.68
MRINMarin Software Inc$2.82MTechnologySoftware - Application-0.68
GTLS-P-BChart Industries Inc$3.46BN/AN/A-0.68
WHWKWhitehawk Therapeutics Inc$182MHealthcareBiotechnology-0.67
TZOOTravelzoo$116MCommunication ServicesInternet Content & Information-0.67
APREAprea Therapeutics Inc$8.48MHealthcareBiotechnology-0.67
TRONCorner Growth Acquisition Corp 2 - Class A$700MConsumer CyclicalLeisure-0.67
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.67
MEGLMagic Empire Global Ltd$6MFinancial ServicesCapital Markets-0.66
QUIKQuicklogic Corp$251MTechnologySemiconductors-0.66
FLYWFlywire Corp$2.28BTechnologySoftware - Infrastructure-0.66
GKOSGlaukos Corporation$9.15BHealthcareMedical Devices-0.66
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.65
BTXBlackRock Innovation and Growth Term Trust$977MFinancial ServicesAsset Management-0.65
CVUCPI Aerostructures Inc$63MIndustrialsAerospace & Defense-0.65
CPSSConsumer Portfolio Service Inc$209MFinancial ServicesCredit Services-0.65
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.64
SNVSynovus Financial Corp$6.95BFinancial ServicesBanks - Regional-0.64
MLRMiller Industries Inc$561MConsumer CyclicalAuto Parts-0.64
OSRHBellevue Life Sciences Acquisition Corp$14MHealthcareBiotechnology-0.64
XPERXperi Inc$376MTechnologySoftware - Application-0.64
AVDXAvidXchange Holdings Inc$2.07BTechnologySoftware - Infrastructure-0.64
ASURAsure Software Inc$239MTechnologySoftware - Application-0.64
MGNXMacrogenics Inc$275MHealthcareBiotechnology-0.64
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.63
MXCTMaxCyte Inc$152MHealthcareMedical Devices-0.63
YIBOPlanet Image International Ltd - Class A$62MTechnologyComputer Hardware-0.62
NEUENeueHealth, Inc.$61MHealthcareHealthcare Plans-0.62
AIPArteris Inc$1.50BTechnologySemiconductors-0.62
ECPGEncore Capital Group Inc$1.93BFinancial ServicesCredit Services-0.62
UISUnisys Corp$273MTechnologyInformation Technology Services-0.62
ARMKAramark$15BIndustrialsSpecialty Business Services-0.62
AESIAtlas Energy Solutions Inc$1.79BEnergyOil & Gas Equipment & Services-0.62
FAFirst Advantage Corp$3.66BIndustrialsSpecialty Business Services-0.62
CYBNCybin Inc$408MHealthcareBiotechnology-0.62
USEGU.S. Energy Corp$52MEnergyOil & Gas E&p-0.62
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.61
LVOLiveOne Inc$65MCommunication ServicesInternet Content & Information-0.61
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.61
PEWGrabAGun Digital Holdings Inc$75MIndustrialsAerospace & Defense-0.61
NBIXNeurocrine Biosciences Inc$17BHealthcareDrug Manufacturers - Specialty & Generic-0.61
VRAXVirax Biolabs Group Ltd - Class A$1.52MHealthcareBiotechnology-0.61
TKNOAlpha Teknova Inc$284MHealthcareDrug Manufacturers - Specialty & Generic-0.60
TECXAvroBio Inc$612MHealthcareBiotechnology-0.60
OOMAOoma Inc$557MTechnologySoftware - Application-0.60
ILMNIllumina Inc$29BHealthcareDiagnostics & Research-0.60
WEYSWeyco Group Inc$370MConsumer CyclicalFootwear & Accessories-0.60
MTLSMaterialise Nv$393MTechnologySoftware - Application-0.60
LUNRIntuitive Machines Inc - Class A$2.20BIndustrialsAerospace & Defense-0.60
MRVIMaravai LifeSciences Holdings Inc - Class A$451MHealthcareBiotechnology-0.60
BLDEBlade Air Mobility Inc - Class A$385MN/AN/A-0.60
RDWRedwire Corporation$1.86BIndustrialsAerospace & Defense-0.59
BIVIBioVie Inc - Class A$13MHealthcareBiotechnology-0.59

ETFs that lowly correlated with FPAS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
PPIInvestment Managers Series Trust II Astoria Real Assets ETF$155M0.58%Dec 30, 2021-0.99
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.87
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.87
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.87
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.85
JHDGJOHN HANCOCK HEDGED EQUITY ETF $90M0.49%Apr 7, 2026-0.72
RINFPROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF$18M0.30%Jan 10, 2012-0.72
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.70
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.69
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.68
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.67
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.64
DLLLGRANITESHARES 2X LONG DELL DAILY ETF $161MN/AFeb 12, 2025-0.62
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.62
USSESEGALL BRYANT & HAMILL SELECT EQUITY ETF $359M0.65%Aug 29, 2023-0.62
CLOUGLOBAL X CLOUD COMPUTING ETF $228M0.68%Apr 12, 2019-0.61
FCLDFIDELITY CLOUD COMPUTING ETF $110M0.39%Oct 5, 2021-0.61
QYLDGLOBAL X NASDAQ 100 COVERED CALL ETF $8.40B0.60%Dec 11, 2013-0.60
NXGCushing NextGen Infrastructure Income Fund$363MN/AN/A-0.60
LQPEPEO AlphaQuest Thematic PE ETF$13M1.25%Jan 27, 2025-0.60