11 Stocks and 89 ETFs for diversifying FTEC (FIDELITY MSCI INFORMATION TECHNOLOGY INDEX ETF)
The least correlated asset to FTEC (FIDELITY MSCI INFORMATION TECHNOLOGY INDEX ETF) is ETF PSQ (ProShares Short QQQ -1x Shares). The correlation is -0.9679.
Stocks that lowly correlated with FTEC
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.74 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.59 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.56 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.52 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.51 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.50 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.48 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.48 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.47 |
| AVBC | Avidia Bancorp Inc | $407M | Financial Services | Banks - Regional | -0.46 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.45 |