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32 Stocks and 68 ETFs for diversifying FTA (FIRST TRUST LARGE CAP VALUE ALPHADEX FUND)

The least correlated asset to FTA (FIRST TRUST LARGE CAP VALUE ALPHADEX FUND) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.9157.

Stocks that lowly correlated with FTA

SymbolName
Market cap
SectorIndustry
Correlation
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.61
OMDAOmada Health Inc$975MHealthcareHealth Information Services-0.61
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.58
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.58
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.55
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.53
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.52
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.51
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.50
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.50
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.49
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.48
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.48
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.47
DAICCID HoldCo Inc$5.39MTechnologyInformation Technology Services-0.44
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.43
DGNXDiginex Ltd$31MIndustrialsConsulting Services-0.43
APUSApimeds Pharmaceuticals US Inc$1.82MHealthcareDrug Manufacturers - Specialty & Generic-0.42
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.42
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.41
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.41
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.41
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.40
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.40
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.40
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.40
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.40
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.39
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.39
IBIOiBio Inc$65MHealthcareBiotechnology-0.39
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.38
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.38

ETFs that lowly correlated with FTA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.92
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.91
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.91
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.90
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.90
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.89
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.89
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.89
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.88
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.87
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.86
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.85
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.85
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.85
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.84
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.83
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.82
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.82
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.81
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.81
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.81
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.81
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.80
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.80
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.78
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.74
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.74
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.74
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.73
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.73
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.72
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.71
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.70
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.69
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.68
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.68
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.66
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.66
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.66
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.66
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.65
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.65
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.64
OILDBank of Montreal$19MN/ANov 8, 2021-0.63
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.62
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.60
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.59
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.58
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.57
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.55
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.55
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.54
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.54
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.52
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.50
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.49
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.46
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.46
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.43
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.43
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.42
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.42
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.42
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.42
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.42
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.40