15 Stocks and 85 ETFs for diversifying FXH (FIRST TRUST HEALTH CARE ALPHADEX FUND)
The least correlated asset to FXH (FIRST TRUST HEALTH CARE ALPHADEX FUND) is ETF RXD (ProShares UltraShort Health Care -2x Shares). The correlation is -0.8712.
Stocks that lowly correlated with FXH
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.69 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.60 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.52 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.52 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.51 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.49 |
| RAY | Raytech Holding Ltd | $8.20M | Consumer Defensive | Household & Personal Products | -0.45 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.42 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.41 |
| NAMI | Jinxin Technology Holding Company | $7.41M | Communication Services | Internet Content & Information | -0.40 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.39 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.36 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.36 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.35 |
| BIAF | BioAffinity Technologies Inc | $3.25M | Healthcare | Diagnostics & Research | -0.35 |