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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

SymbolName
Market cap
SectorIndustry
Correlation
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.65
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.58
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.54
UBXGU-BX Technology Ltd$6.42MCommunication ServicesAdvertising Agencies-0.49
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.49
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.49
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.47
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.45

ETFs that lowly correlated with FPX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.87
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.86
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.85
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.85
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.84
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.84
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.84
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.84
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.82
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.82
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.82
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.80
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.79
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.78
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.77
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.77
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.76
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.76
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.75
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.74
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.72
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.72
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.72
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.71
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.70
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.70
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.69
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.69
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.68
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.68
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.68
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.67
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.66
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.65
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.65
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.64
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.64
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.64
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.64
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.63
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.63
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.63
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.62
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.61
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.61
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.61
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.61
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.61
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.60
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.60
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.60
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.60
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.60
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.59
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.59
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.58
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.57
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.56
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.56
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.55
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.55
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.55
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.55
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.55
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF $47M0.98%Dec 10, 2024-0.54
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.54
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.53
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.53
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.53
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.53
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.52
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.52
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.52
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.51
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.51
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.50
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.50
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.50
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.49
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.48
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.48
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.48
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.48
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.46
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.46
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.45
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.44
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.43