7 Stocks and 93 ETFs for diversifying FYC (FIRST TRUST SMALL CAP GROWTH ALPHADEX FUND)
The least correlated asset to FYC (FIRST TRUST SMALL CAP GROWTH ALPHADEX FUND) is ETF RWM (PROSHARES SHORT RUSSELL2000). The correlation is -0.9563.
Stocks that lowly correlated with FYC
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.53 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.52 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.50 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.46 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.45 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.43 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.42 |