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33 Stocks and 67 ETFs for diversifying FYT (FIRST TRUST SMALL CAP VALUE ALPHADEX FUND)

The least correlated asset to FYT (FIRST TRUST SMALL CAP VALUE ALPHADEX FUND) is ETF SBB (ProShares Short SmallCap600 -1x Shares). The correlation is -0.945.

Stocks that lowly correlated with FYT

SymbolName
Market cap
SectorIndustry
Correlation
OFSSOOFS Capital Corp$341MN/AN/A-0.66
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.63
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.59
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.58
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.58
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.57
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.56
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.56
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.56
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.55
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.55
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.55
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.54
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.53
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.52
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.52
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.49
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.49
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.48
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.47
DGNXDiginex Ltd$28MIndustrialsConsulting Services-0.46
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.46
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.46
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.45
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.45
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.44
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.43
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.43
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.42
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.42
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.42
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.42
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.42

ETFs that lowly correlated with FYT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.94
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.93
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.92
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.91
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.90
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.90
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.89
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.88
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.87
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.86
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.85
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.84
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.83
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.83
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.83
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.81
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.80
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.76
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.76
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.76
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.75
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.74
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.73
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.72
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.72
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.72
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.71
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.70
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.69
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.68
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.68
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.68
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.67
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.66
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.66
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.66
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.65
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.64
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.63
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.63
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.60
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.60
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.60
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.60
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.59
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.57
OILDBank of Montreal$53MN/ANov 8, 2021-0.57
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.57
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.57
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.56
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.55
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.54
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.53
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.53
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.52
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.52
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.50
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.49
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.47
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.47
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.45
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.43
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.43
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.42
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.42
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.42
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.42