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26 Stocks and 74 ETFs for diversifying FTXL (FIRST TRUST NASDAQ SEMICONDUCTOR ETF)

The least correlated asset to FTXL (FIRST TRUST NASDAQ SEMICONDUCTOR ETF) is ETF MUD (Direxion Daily MU Bear 1X Shares). The correlation is -0.8359.

Stocks that lowly correlated with FTXL

SymbolName
Market cap
SectorIndustry
Correlation
APADEnhanced Group Inc - Class A$161MFinancial ServicesShell Companies-0.64
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.60
GIGGigCapital7 Corp - Class A$353MFinancial ServicesShell Companies-0.52
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.52
HPAIHelport AI Ltd$21MTechnologySoftware - Infrastructure-0.49
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.49
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.49
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.47
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.47
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.47
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.46
PVLAPalvella Therapeutics Inc$2.18BHealthcareBiotechnology-0.46
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.46
WAYWaystar Holding Corp$4.35BHealthcareHealth Information Services-0.45
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.45
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.44
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.43
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.43
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.42
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.42
TRUGTruGolf Holdings Inc - Class A$1.24MConsumer CyclicalLeisure-0.42
LZMHLZ Technology Holdings Ltd - Class B$9.02MTechnologyInformation Technology Services-0.41
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.41
FORLFour Leaf Acquisition Corporation Class A Common Stock$47MN/AN/A-0.41
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.41
APADUA Paradise Acquisition Corp Unit$67MFinancial ServicesShell Companies-0.40

ETFs that lowly correlated with FTXL

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.84
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.80
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.79
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.76
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.76
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.74
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.74
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.74
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.74
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.72
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.72
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.71
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.71
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.71
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.70
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.70
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.69
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.69
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.69
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.69
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.67
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.67
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.66
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.65
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.64
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.64
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.64
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.63
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.63
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.63
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.63
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.62
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.61
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $13MN/AMar 31, 2025-0.61
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.60
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.60
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.59
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.59
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.58
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.58
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.57
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.57
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.56
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.56
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.55
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.54
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.53
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.53
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.52
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.51
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.51
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.51
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.51
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.50
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.50
LDDRStone Ridge 2035 Term Income ETF$42M0.25%Jan 3, 2025-0.49
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.48
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.48
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.48
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.47
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.47
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.47
GGLSDirexion Daily GOOGL Bear 1X ETF$13M1.02%Sep 6, 2022-0.47
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.47
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.46
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.46
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.46
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.46
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.45
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.44
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.42