14 Stocks and 86 ETFs for diversifying FRTY (ALGER MID CAP 40 ETF)
The least correlated asset to FRTY (ALGER MID CAP 40 ETF) is ETF AIBD (DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES). The correlation is -0.8717.
Stocks that lowly correlated with FRTY
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.58 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.52 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.50 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.50 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.47 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.46 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.45 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.44 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.44 |
| PXDT | Pixie Dust Technologies Inc | $8.62M | Technology | Consumer Electronics | -0.43 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.42 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.42 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.42 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.42 |