5 Stocks and 95 ETFs for diversifying FXL (FIRST TRUST TECHNOLOGY ALPHADEX FUND)
The least correlated asset to FXL (FIRST TRUST TECHNOLOGY ALPHADEX FUND) is ETF AIBD (DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES). The correlation is -0.9348.
Stocks that lowly correlated with FXL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.59 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.56 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.53 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.49 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.48 |