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24 Stocks and 76 ETFs for diversifying FVD (FIRST TRUST VALUE LINE DIVIDEND INDEX FUND)

The least correlated asset to FVD (FIRST TRUST VALUE LINE DIVIDEND INDEX FUND) is ETF DOG (PROSHARES SHORT DOW30). The correlation is -0.8729.

Stocks that lowly correlated with FVD

SymbolName
Market cap
SectorIndustry
Correlation
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.67
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.64
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.60
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.59
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.57
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.54
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.53
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.53
APADREnhanced Group Inc$6.67MN/AN/A-0.51
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$56MFinancial ServicesShell Companies-0.48
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.48
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.48
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.47
TWNPTwin Hospitality Group Inc. Class A Common Stock$4.08MConsumer CyclicalRestaurants-0.47
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.46
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.46
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.45
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.45
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.44
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.43
SRTAStrata Critical Medical Inc Cl A Com$462MHealthcareMedical Care Facilities-0.42
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.42
WETOWetour Robotics Ltd$11MTechnologySoftware - Infrastructure-0.42
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.42

ETFs that lowly correlated with FVD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.87
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.87
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.87
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.86
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.85
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.85
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.84
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.83
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.83
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.82
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.82
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.82
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.82
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.81
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.81
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.80
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.80
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.80
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.80
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.80
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.79
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.77
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.77
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.77
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.77
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.77
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.74
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.73
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.73
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.72
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.71
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.67
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.67
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.66
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.66
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.65
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.65
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.64
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.63
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.63
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.62
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.61
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.61
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.60
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.59
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.58
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.57
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.56
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.56
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.56
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.55
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.54
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.53
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.52
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.51
MSFWROUNDHILL MSFT WEEKLYPAY ETF $27MN/AJul 23, 2025-0.51
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.49
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.49
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.48
OILDBank of Montreal$53MN/ANov 8, 2021-0.47
COYYGRANITESHARES YIELDBOOST COIN ETF $21M1.07%Jul 28, 2025-0.47
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.47
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.46
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.46
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.45
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.45
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.45
TOAKTWIN OAK SHORT HORIZON ABSOLUTE RETURN ETF $91M0.25%Aug 19, 2024-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.44
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.43
GLXUT-REX 2X LONG GLXY DAILY TARGET ETF $18MN/AAug 7, 2025-0.43
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.43
GLGGLEVERAGE SHARES 2X LONG GLXY DAILY ETF $2.80MN/AAug 20, 2025-0.43
BAIGLEVERAGE SHARES 2X LONG BBAI DAILY ETF $14MN/AAug 20, 2025-0.42
XLKISTATE STREET(R) TECHNOLOGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $11M0.35%Jul 29, 2025-0.42
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.42