17 Stocks and 83 ETFs for diversifying FVC (FIRST TRUST DORSEY WRIGHT DYNAMIC FOCUS 5 ETF)
The least correlated asset to FVC (FIRST TRUST DORSEY WRIGHT DYNAMIC FOCUS 5 ETF) is ETF RWM (PROSHARES SHORT RUSSELL2000). The correlation is -0.8575.
Stocks that lowly correlated with FVC
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.71 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.66 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.62 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.57 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.02M | Technology | Information Technology Services | -0.57 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.54 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.53 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.53 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.53 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.53 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.48 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.47 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.45 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.44 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.42 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.41 |
| TRUG | TruGolf Holdings Inc - Class A | $1.24M | Consumer Cyclical | Leisure | -0.41 |