23 Stocks and 77 ETFs for diversifying FTDS (FIRST TRUST DIVIDEND STRENGTH ETF)
The least correlated asset to FTDS (FIRST TRUST DIVIDEND STRENGTH ETF) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.948.
Stocks that lowly correlated with FTDS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.69 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.68 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.65 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.64 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.63 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.57 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.55 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.54 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.52 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.52 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.51 |
| DAIC | CID HoldCo Inc | $40M | Technology | Information Technology Services | -0.51 |
| TVAIR | Thayer Ventures Acquisition Corporation II Rights | $166K | N/A | N/A | -0.50 |
| NMPAU | NMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $35M | Financial Services | Shell Companies | -0.49 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.48 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.48 |
| BCAR | Bank of the Carolinas CORP | $303M | Financial Services | Shell Companies | -0.47 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.46 |
| BYAH | Park Ha Biological Technology Co Ltd | $917K | Consumer Defensive | Household & Personal Products | -0.45 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.44 |
| TVAIU | Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $9.15M | Financial Services | Shell Companies | -0.43 |
| CAEP | Cantor Equity Partners III Inc - Class A | $420M | Financial Services | Shell Companies | -0.43 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.42 |