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
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.59 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.59 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.58 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.57 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.56 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.55 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.54 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.53 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.52 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.51 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.48 |
| RDAG | Republic Digital Acquisition Co. - Class A | $310M | Financial Services | Shell Companies | -0.45 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.45 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.45 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.44 |
| TVAIU | Thayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts) | $10M | Financial Services | Shell Companies | -0.43 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $178M | Financial Services | Shell Companies | -0.42 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.41 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.40 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.40 |