17 Stocks and 83 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 SDS (ProShares UltraShort S&P500 -2x Shares). The correlation is -0.8175.
Stocks that lowly correlated with FPXE
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.58 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.58 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.53 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.50 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.50 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.48 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.47 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.47 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.46 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.45 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.44 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.43 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.41 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.41 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.40 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.40 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.40 |