30 Stocks and 70 ETFs for diversifying FXU (FIRST TRUST UTILITIES ALPHADEX FUND)
The least correlated asset to FXU (FIRST TRUST UTILITIES ALPHADEX FUND) is ETF SDP (ProShares UltraShort Utilities -2x Shares). The correlation is -0.9071.
Stocks that lowly correlated with FXU
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.73 |
| HERZ | Herzfeld Credit Income Fund Inc Com | $230M | Financial Services | Asset Management | -0.73 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.73 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.71 |
| MSGY | Masonglory Ltd | $5.30M | Industrials | Engineering & Construction | -0.58 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.58 |
| AMBQ | Ambiq Micro Inc | $1.76B | Technology | Semiconductors | -0.58 |
| SRTA | Strata Critical Medical Inc Cl A Com | $462M | Healthcare | Medical Care Facilities | -0.57 |
| ASPCU | A SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $15M | Financial Services | Shell Companies | -0.56 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.56 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.56 |
| FTRK | Fast Track Group. | $9.53M | Communication Services | Entertainment | -0.55 |
| ASPC | A SPAC III Acquisition Corp - Class A | $17M | Financial Services | Shell Companies | -0.54 |
| CV | CapsoVision Inc | $315M | Healthcare | Medical Devices | -0.53 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.51 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.51 |
| TVAI | Thayer Ventures Acquisition Corporation II | $208M | Financial Services | Shell Companies | -0.51 |
| TJGC | TJGC Group Ltd | $69M | Communication Services | Advertising Agencies | -0.50 |
| TLIH | Ten League International Holdings Ltd | $17M | Industrials | Industrial Distribution | -0.50 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.49 |
| DTSQU | DT Cloud Star Acquisition Corp - Units (1Ord & 1 Rts) | $75M | Financial Services | Shell Companies | -0.49 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.49 |
| DVS | Dolly Varden Silver Corporation | $258M | Basic Materials | Silver | -0.48 |
| CARL | Carlsmed Inc | $301M | Healthcare | Health Information Services | -0.48 |
| INV | Innventure Inc | $357M | Financial Services | Asset Management | -0.48 |
| ETOR | Etoro Group Ltd - Class A | $3.63B | Financial Services | Capital Markets | -0.48 |
| FATN | Fatpipe Inc | $67M | Technology | Software - Infrastructure | -0.47 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.47 |
| RIBB | Ribbon Acquisition Corp | $41M | Financial Services | Shell Companies | -0.47 |
| BCAR | Bank of the Carolinas CORP | $303M | Financial Services | Shell Companies | -0.45 |