24 Stocks and 76 ETFs for diversifying FPWR (FIRST TRUST EIP POWER SOLUTIONS ETF)
The least correlated asset to FPWR (FIRST TRUST EIP POWER SOLUTIONS ETF) is ETF SDP (ProShares UltraShort Utilities -2x Shares). The correlation is -0.8825.
Stocks that lowly correlated with FPWR
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.74 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.73 |
| MSGY | Masonglory Ltd | $5.30M | Industrials | Engineering & Construction | -0.71 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.67 |
| HERZ | Herzfeld Credit Income Fund Inc Com | $230M | Financial Services | Asset Management | -0.67 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.66 |
| ASPC | A SPAC III Acquisition Corp - Class A | $17M | Financial Services | Shell Companies | -0.63 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.63 |
| GRAN | Grande Group Ltd - Class A | $35M | Financial Services | Capital Markets | -0.61 |
| ASPCU | A SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $15M | Financial Services | Shell Companies | -0.60 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.58 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.58 |
| FTRK | Fast Track Group. | $9.53M | Communication Services | Entertainment | -0.56 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.56 |
| WETO | Wetour Robotics Ltd | $11M | Technology | Software - Infrastructure | -0.53 |
| SRTA | Strata Critical Medical Inc Cl A Com | $462M | Healthcare | Medical Care Facilities | -0.52 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.51 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.51 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.51 |
| DXST | Decent Holding Inc | $1.65M | Industrials | Waste Management | -0.50 |
| WGRX | Wellgistics Health Inc | $6.79M | Healthcare | Pharmaceutical Retailers | -0.49 |
| CTWO | COtwo Advisors Physical European Carbon Allowance Trust | $1.85M | N/A | N/A | -0.49 |
| CARL | Carlsmed Inc | $301M | Healthcare | Health Information Services | -0.49 |
| NSRX | Nasus Pharma Ltd | $28M | Healthcare | Drug Manufacturers - General | -0.49 |