18 Stocks and 82 ETFs for diversifying FTXG (FIRST TRUST NASDAQ FOOD & BEVERAGE ETF)
The least correlated asset to FTXG (FIRST TRUST NASDAQ FOOD & BEVERAGE ETF) is ETF SZK (ProShares UltraShort Consumer Staples). The correlation is -0.802.
Stocks that lowly correlated with FTXG
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.78 |
| OTF | Blue Owl Technology Finance Corp | $4.94B | Financial Services | Asset Management | -0.59 |
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.58 |
| OMDA | Omada Health Inc | $975M | Healthcare | Health Information Services | -0.55 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.55 |
| EDHL | Everbright Digital Holding Ltd | $4.80M | Communication Services | Advertising Agencies | -0.54 |
| AII | American Integrity Insurance Group Inc | $328M | Financial Services | Insurance - Property & Casualty | -0.54 |
| LSE | Leishen Energy Holding Co Ltd | $77M | Energy | Oil & Gas Equipment & Services | -0.53 |
| UYSCU | UY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $89M | Financial Services | Shell Companies | -0.53 |
| DXF | N/A | $2.89M | Financial Services | Credit Services | -0.52 |
| LSH | Lakeside Holding Ltd | $20M | Industrials | Integrated Freight & Logistics | -0.52 |
| CCIXW | Churchill Capital Corp IX - Warrants (04/12/2029) | $17M | N/A | N/A | -0.52 |
| BBNX | Beta Bionics Inc | $518M | Healthcare | Medical Devices | -0.51 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.51 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.49 |
| IQST | iQSTEL Inc | $6.04M | Communication Services | Telecom Services | -0.49 |
| HPLTU | Home Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $79M | N/A | N/A | -0.48 |
| ETH | Grayscale Investments LLC | $1.77B | N/A | N/A | -0.48 |