59 Stocks and 41 ETFs for diversifying FUMB (FIRST TRUST ULTRA SHORT DURATION MUNICIPAL ETF)
The least correlated asset to FUMB (FIRST TRUST ULTRA SHORT DURATION MUNICIPAL ETF) is company Pinnacle Food Group (PFAI). The correlation is -0.6735.
Stocks that lowly correlated with FUMB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PFAI | Pinnacle Food Group Ltd - Class A | $46M | Consumer Defensive | Farm Products | -0.67 |
| SDHI | Siddhi Acquisition Corp - Class A | $287M | Financial Services | Shell Companies | -0.64 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.63 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.60 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.58 |
| GIBO | GIBO Holdings Ltd | $42M | Communication Services | Internet Content & Information | -0.55 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.54 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.54 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.53 |
| NPAC | New Providence Acquisition Corp III - Class A | $397M | Financial Services | Shell Companies | -0.53 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.51 |
| DAIC | CID HoldCo Inc | $5.39M | Technology | Information Technology Services | -0.51 |
| IBTA | Ibotta Inc - Class A | $819M | Technology | Software - Application | -0.51 |
| EXE | Chesapeake Energy Corp - New | $22B | Energy | Oil & Gas E&p | -0.51 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.51 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $54M | Financial Services | Shell Companies | -0.50 |
| SORA | Top Win International Ltd | $65M | Consumer Cyclical | Luxury Goods | -0.50 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $13M | Industrials | Farm & Heavy Construction Machinery | -0.49 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $178M | Financial Services | Shell Companies | -0.48 |
| OFAL | OFA Group | $10M | Industrials | Engineering & Construction | -0.48 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.48 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.47 |
| CBIO | Crescent Biopharma Inc | $573M | Healthcare | Biotechnology | -0.47 |
| UYSC | UY Scuti Acquisition Corp | $73M | Financial Services | Shell Companies | -0.47 |
| TLX | Telix Pharmaceuticals Ltd | $3.30B | Healthcare | Biotechnology | -0.46 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.46 |
| TVAIU | Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $10M | Financial Services | Shell Companies | -0.45 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.45 |
| BCAX | Bicara Therapeutics Inc | $1.41B | Healthcare | Biotechnology | -0.45 |
| WLAC | Willow Lane Acquisition Corp | $359M | Financial Services | Shell Companies | -0.44 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.44 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.44 |
| ETOR | Etoro Group Ltd - Class A | $3.64B | Financial Services | Capital Markets | -0.43 |
| NUAI | New Era Energy & Digital Inc | $221M | Technology | Software - Infrastructure | -0.43 |
| GTEN | Gores Holdings X Inc - Class A | $466M | Financial Services | Shell Companies | -0.43 |
| IPEXR | Inflection Point Acquisition Corp V | $1.42M | N/A | N/A | -0.43 |
| ADVB | Advanced Biomed Inc | $5.36M | Healthcare | Diagnostics & Research | -0.42 |
| HMR | Sports Properties Acquisition Corp | $73M | Industrials | Marine Shipping | -0.42 |
| RDAC | Rising Dragon Acquisition Corp | $39M | Financial Services | Shell Companies | -0.42 |
| TVACW | Texas Ventures Acquisition III Corp - Warrants (23/04/2030) | $153M | N/A | N/A | -0.42 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.42 |
| HONDU | HCM II Acquisition Corp Unit | $483M | Financial Services | Shell Companies | -0.41 |
| LAC | Lithium Americas Corp (NewCo) | $1.75B | Basic Materials | Other Industrial Metals & Mining | -0.40 |
| MKDW | MKDWELL Tech Inc | $38M | Consumer Cyclical | Auto Parts | -0.40 |
| NVA | Nova Minerals Ltd | $296M | Basic Materials | Other Industrial Metals & Mining | -0.39 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.39 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.39 |
| STI | Solidion Technology Inc | $36M | Industrials | Electrical Equipment & Parts | -0.39 |
| MLACR | Mountain Lake Acquisition Corp | $7.99M | N/A | N/A | -0.38 |
| AMIX | Autonomix Medical Inc | $4.76M | Healthcare | Medical Devices | -0.38 |
| NHICW | NewHold Investment Corp III - Warrants (01/01/9999) | $171M | N/A | N/A | -0.37 |
| LOBO | Lobo Ev Technologies Ltd | $7.70M | Consumer Cyclical | Auto Manufacturers | -0.36 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.36 |
| BRLI | Brilliant Acquisition Corp | $5.92M | N/A | N/A | -0.36 |
| TWG | Top Wealth Group Holding Ltd | $133M | Consumer Defensive | Food Distribution | -0.36 |
| WLACU | Willow Lane Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $33M | Financial Services | Shell Companies | -0.36 |
| EDHL | Everbright Digital Holding Ltd | $4.80M | Communication Services | Advertising Agencies | -0.35 |
| FBYD | Falcon`s Beyond Global Inc - Class A | $725M | Industrials | Conglomerates | -0.35 |
| VCIC | Vine Hill Capital Investment Corp - Class A | $71M | Financial Services | Shell Companies | -0.35 |