13 Stocks and 87 ETFs for diversifying FPXE (FIRST TRUST IPOX EUROPE EQUITY OPPORTUNITIES ETF)
The least correlated asset to FPXE (FIRST TRUST IPOX EUROPE EQUITY OPPORTUNITIES ETF) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.8206.
Stocks that lowly correlated with FPXE
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.60 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.52 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.52 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.51 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.51 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.50 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.49 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.45 |
| PVLA | Palvella Therapeutics Inc | $1.66B | Healthcare | Biotechnology | -0.44 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.42 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.39 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.38 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.38 |