22 Stocks and 78 ETFs for diversifying FRI (FIRST TRUST S&P REIT INDEX FUND)
The least correlated asset to FRI (FIRST TRUST S&P REIT INDEX FUND) is ETF REK (PROSHARES SHORT REAL ESTATE). The correlation is -0.9532.
Stocks that lowly correlated with FRI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.61 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.61 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.52 |
| GTERR | Globa Terra Acquisition Corporation Rights | $407K | N/A | N/A | -0.52 |
| SMXT | SolarMax Technology Inc | $20M | Technology | Solar | -0.51 |
| SDHIR | Siddhi Acquisition Corp | $1.13M | N/A | N/A | -0.51 |
| MAGH | Magnitude International Ltd | $230M | Industrials | Engineering & Construction | -0.50 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.49 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.47 |
| CV | CapsoVision Inc | $315M | Healthcare | Medical Devices | -0.46 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.43 |
| NTWOU | Newbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $184M | Financial Services | Shell Companies | -0.42 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.40 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.40 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.39 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.39 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.38 |
| CAI | Caris Life Sciences Inc - Class A | $4.94B | Healthcare | Biotechnology | -0.37 |
| ATPC | Agape ATP Corp | $2.52M | Consumer Defensive | Packaged Foods | -0.36 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.36 |
| QETAR | Quetta Acquisition Corp | $1.43M | N/A | N/A | -0.36 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.34 |