8 Stocks and 92 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 -0.8726.
Stocks that lowly correlated with FPX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.66 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.54 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.51 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.50 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.48 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.46 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.46 |
| IOTR | iOThree Ltd | $5.23M | Communication Services | Telecom Services | -0.44 |