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20 Stocks and 80 ETFs for diversifying FXD (FIRST TRUST CONSUMER DISCRETIONARY ALPHADEX FUND)

The least correlated asset to FXD (FIRST TRUST CONSUMER DISCRETIONARY ALPHADEX FUND) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.9202.

Stocks that lowly correlated with FXD

SymbolName
Market cap
SectorIndustry
Correlation
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.59
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.59
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.58
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.57
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.56
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.55
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.54
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.53
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.52
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.51
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.48
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.45
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.45
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.45
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.44
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.43
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.42
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.41
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.40
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.40

ETFs that lowly correlated with FXD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.92
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.90
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.90
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.89
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.89
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.89
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.88
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.88
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.88
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.88
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.88
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.87
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.87
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.86
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.86
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.86
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.85
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.85
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.82
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.81
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.80
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.79
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.79
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.78
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.77
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.77
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.77
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.76
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.75
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.72
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.72
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.71
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.71
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.71
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.70
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.70
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.70
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.70
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.70
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.69
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.69
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.69
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.69
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.68
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.67
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.66
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.66
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.66
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.66
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.64
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.62
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.61
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.61
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.60
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.58
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.58
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.57
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.56
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.55
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.55
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.55
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.55
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.52
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.51
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.50
FNGDBank of Montreal$68MN/AJan 22, 2018-0.50
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.50
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.48
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.48
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.46
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.46
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.45
OILDBank of Montreal$19MN/ANov 8, 2021-0.45
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.45
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.45
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.43
BITIProShares Short Bitcoin ETF$187M1.01%Jun 21, 2022-0.43
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.42
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.41
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.41