60 Stocks and 40 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 CTW Cayman (CTW). The correlation is -0.7466.
Stocks that lowly correlated with FUMB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.75 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.74 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.69 |
| PFAI | Pinnacle Food Group Ltd - Class A | $43M | Consumer Defensive | Farm Products | -0.66 |
| HVMCU | Highview Merger Corp - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.65 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.64 |
| QUMSU | Quantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $33M | Financial Services | Shell Companies | -0.63 |
| MIAX | Miami International Holdings Inc | $4B | Financial Services | Capital Markets | -0.63 |
| RYOJ | rYojbaba Co. Ltd | $51M | Industrials | Consulting Services | -0.61 |
| NMPAU | NMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $35M | Financial Services | Shell Companies | -0.58 |
| SDHI | Siddhi Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.58 |
| DAIC | CID HoldCo Inc | $40M | Technology | Information Technology Services | -0.55 |
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.54 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.54 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.53 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.53 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.52 |
| EXE | Expand Energy Corporation | $21B | Energy | Oil & Gas E&p | -0.52 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $10M | Industrials | Farm & Heavy Construction Machinery | -0.51 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.51 |
| IBTA | Ibotta Inc - Class A | $753M | Technology | Software - Application | -0.51 |
| INACR | Indigo Acquisition Corp Right | $448K | N/A | N/A | -0.50 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.50 |
| OFAL | OFA Group | $3.36M | Industrials | Engineering & Construction | -0.50 |
| KYIV | Kyivstar Group Ltd | $3.48B | Communication Services | Telecom Services | -0.49 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.49 |
| SORA | Top Win International Ltd | $40M | Consumer Cyclical | Luxury Goods | -0.48 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $213M | Financial Services | Shell Companies | -0.48 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $263M | Financial Services | Shell Companies | -0.48 |
| NPAC | New Providence Acquisition Corp III - Class A | $398M | Financial Services | Shell Companies | -0.48 |
| CBIO | N/A | $432M | Healthcare | Biotechnology | -0.48 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.47 |
| NUTR | Nusatrip Inc | $174M | Consumer Cyclical | Travel Services | -0.46 |
| UYSC | UY Scuti Acquisition Corp | $74M | Financial Services | Shell Companies | -0.46 |
| TLX | Telix Pharmaceuticals Ltd | $3.82B | Healthcare | Biotechnology | -0.45 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.45 |
| RDAC | Rising Dragon Acquisition Corp | $24M | Financial Services | Shell Companies | -0.45 |
| VNMEW | Vendome Acquisition Corporation I Warrant | $2.70M | N/A | N/A | -0.44 |
| 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 |
| VNME | Vendome Acquisition Corporation I | $254M | Financial Services | Shell Companies | -0.44 |
| TVACW | Texas Ventures Acquisition III Corp - Warrants (23/04/2030) | $153M | N/A | N/A | -0.43 |
| MGRT | Mega Fortune Company Ltd | $1.03B | Technology | Information Technology Services | -0.43 |
| YOUL | Youlife Group Inc | $41M | Consumer Defensive | Education & Training Services | -0.43 |
| TVAIU | Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $9.15M | Financial Services | Shell Companies | -0.43 |
| CCCX | Churchill Capital Corp X - Class A | $570M | Financial Services | Shell Companies | -0.42 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.42 |
| PLT | N/A | $508M | N/A | N/A | -0.42 |
| IPEXR | Inflection Point Acquisition Corp V | $1.82M | N/A | N/A | -0.42 |
| ETOR | Etoro Group Ltd - Class A | $3.63B | Financial Services | Capital Markets | -0.41 |
| NUAI | New Era Energy & Digital Inc | $221M | Technology | Software - Infrastructure | -0.41 |
| GTERA | Globa Terra Acquisition Corporation Class A | $246M | Financial Services | Shell Companies | -0.41 |
| HONDU | HCM II Acquisition Corp Unit | $483M | Financial Services | Shell Companies | -0.41 |
| BCAX | Bicara Therapeutics Inc | $1.84B | Healthcare | Biotechnology | -0.41 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.40 |
| LAC | Lithium Americas Corp (NewCo) | $1.08B | Basic Materials | Other Industrial Metals & Mining | -0.40 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $180M | Financial Services | Shell Companies | -0.40 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.39 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.39 |
| SUGP | SU Group Holdings Ltd - Class A | $5.51M | Industrials | Security & Protection Services | -0.39 |