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23 Stocks and 77 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 -0.9197.

Stocks that lowly correlated with FXD

SymbolName
Market cap
SectorIndustry
Correlation
OFSSOOFS Capital Corp$341MN/AN/A-0.66
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.62
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.61
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.61
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.58
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.57
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.57
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.56
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.55
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.54
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.54
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.52
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.52
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.50
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.49
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.48
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.48
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.48
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.46
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.46
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.46
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.46
APADREnhanced Group Inc$6.67MN/AN/A-0.46

ETFs that lowly correlated with FXD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.92
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.90
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.90
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.89
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.89
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.89
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.88
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.88
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.88
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.88
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.88
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.87
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.86
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.86
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.86
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.86
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.85
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.85
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.82
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.81
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.80
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.79
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.78
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.78
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.76
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.76
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.76
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.75
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.72
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.71
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.71
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.71
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.71
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.70
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.70
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.70
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.70
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.69
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.69
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.69
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.69
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.69
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.68
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.68
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.68
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.67
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.66
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.66
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.66
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.66
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.63
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.61
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.61
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.61
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.58
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.57
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.55
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.55
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.54
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.54
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.54
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.52
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.51
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.51
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.51
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.49
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.49
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.47
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.47
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.47
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.47
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.46
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.46
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.46
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.45
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.45
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.45