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18 Stocks and 82 ETFs for diversifying FYX (FIRST TRUST SMALL CAP CORE ALPHADEX FUND)

The least correlated asset to FYX (FIRST TRUST SMALL CAP CORE ALPHADEX FUND) is ETF SBB (ProShares Short SmallCap600 -1x Shares). The correlation is -0.9753.

Stocks that lowly correlated with FYX

SymbolName
Market cap
SectorIndustry
Correlation
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.68
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.62
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.57
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.53
OFSSOOFS Capital Corp$341MN/AN/A-0.53
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.51
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.51
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.51
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.50
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.49
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.47
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.47
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.47
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.47
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.44
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.44
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.43
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.42

ETFs that lowly correlated with FYX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.98
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.96
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.96
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.95
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.94
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.93
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.90
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.90
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.89
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.86
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.86
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.85
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.84
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.84
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.84
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.83
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.83
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.82
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.82
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.81
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.77
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.76
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.75
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.75
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.75
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.74
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.73
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.73
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.73
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.72
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.71
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.69
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.69
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.69
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.68
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.68
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.68
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.68
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.67
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.66
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.65
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.65
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.64
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.64
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.63
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.63
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.62
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.62
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.61
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.60
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.60
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.60
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.59
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.59
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.58
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.58
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.58
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.58
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.57
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.55
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.53
OILDBank of Montreal$53MN/ANov 8, 2021-0.53
SHRTGOTHAM SHORT STRATEGIES ETF $14M1.35%Jul 31, 2017-0.52
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.52
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.52
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.51
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.50
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.50
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.48
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.47
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.47
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.47
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETF $31MN/AOct 18, 2023-0.46
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.46
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $39MN/AAug 21, 2023-0.46
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.46
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.45
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.45
TSLSDirexion Daily TSLA Bear 1X Shares$66M0.95%Aug 8, 2022-0.44
TSLQTradr 2X Short TSLA Daily ETF$114MN/AJul 13, 2022-0.44
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.43
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.42