11 Stocks and 89 ETFs for diversifying FTHI (FIRST TRUST BUYWRITE INCOME ETF)
The least correlated asset to FTHI (FIRST TRUST BUYWRITE INCOME ETF) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.8887.
Stocks that lowly correlated with FTHI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.57 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.54 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.53 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.52 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.51 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.51 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.51 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.49 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.45 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.45 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.44 |