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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

SymbolName
Market cap
SectorIndustry
Correlation
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.69
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.60
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.52
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.52
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.51
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.49
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.45
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.42
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.41
NAMIJinxin Technology Holding Company$7.41MCommunication ServicesInternet Content & Information-0.40
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.39
APADREnhanced Group Inc$6.67MN/AN/A-0.36
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.36
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.35
BIAFBioAffinity Technologies Inc$3.25MHealthcareDiagnostics & Research-0.35

ETFs that lowly correlated with FXH

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.87
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.81
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.78
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.78
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.78
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.76
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.76
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.75
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.75
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.74
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.74
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.74
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.72
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.72
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.71
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.71
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.70
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.70
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.70
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.70
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.69
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.69
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.68
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.68
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.67
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, 2025-0.67
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.67
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.67
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.67
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.66
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.66
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.66
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.65
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.64
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.64
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.64
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.63
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.63
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.62
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.61
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.61
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.61
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.61
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.58
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.57
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.55
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.54
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.54
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.53
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.53
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.52
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.49
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.48
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.48
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.47
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.46
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.45
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.45
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.45
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.45
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.42
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.42
PALDDirexion Daily PANW Bear 1X Shares$1.80M1.02%Feb 10, 2025-0.42
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.42
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.42
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.42
XOMXDirexion Daily XOM Bull 2X Shares$7.80MN/AApr 22, 2025-0.41
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $16M1.03%Feb 11, 2025-0.40
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.40
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.39
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.38
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.38
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.37
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $56M1.12%May 9, 2024-0.36
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.36
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.35
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.34
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.34