26 Stocks and 74 ETFs for diversifying FXO (FIRST TRUST FINANCIALS ALPHADEX FUND)
The least correlated asset to FXO (FIRST TRUST FINANCIALS ALPHADEX FUND) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.9273.
Stocks that lowly correlated with FXO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.61 |
| JMACU | Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War) | $150M | N/A | N/A | -0.59 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.57 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.50 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.50 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.50 |
| RDAG | Republic Digital Acquisition Co. - Class A | $310M | Financial Services | Shell Companies | -0.48 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.46 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.45 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.45 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.45 |
| PC | Premium Catering (Holdings) Ltd | $30M | Industrials | Specialty Business Services | -0.44 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.43 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.43 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.43 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.43 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.43 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.42 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.42 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.41 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.41 |
| GNLX | Genelux Corp | $137M | Healthcare | Biotechnology | -0.41 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.39 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.39 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.39 |
| HMCO | HumanCo Acquisition Corp - Class A | $387M | N/A | N/A | -0.38 |