9 Stocks and 91 ETFs for diversifying FPX (FIRST TRUST US EQUITY OPPORTUNITIES ETF)
The least correlated asset to FPX (FIRST TRUST US EQUITY OPPORTUNITIES ETF) is ETF WEBS (DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES). The correlation is -0.868.
Stocks that lowly correlated with FPX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.65 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.58 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.54 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.54 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.49 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.49 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.49 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.47 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.45 |