30 Stocks and 70 ETFs for diversifying HDMV (FIRST TRUST HORIZON MANAGED VOLATILITY DEVELOPED INTERNATIONAL ETF)
The least correlated asset to HDMV (FIRST TRUST HORIZON MANAGED VOLATILITY DEVELOPED INTERNATIONAL ETF) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.8914.
Stocks that lowly correlated with HDMV
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.60 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.58 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.57 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.55 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.55 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.54 |
| NMAX | Newsmax Inc Class B | $1.09B | Communication Services | Broadcasting | -0.52 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.52 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.51 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.51 |
| GTERR | Globa Terra Acquisition Corporation Rights | $407K | N/A | N/A | -0.49 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.49 |
| LSH | Lakeside Holding Ltd | $12M | Industrials | Integrated Freight & Logistics | -0.46 |
| OMDA | Omada Health Inc | $1.41B | Healthcare | Health Information Services | -0.46 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.45 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.45 |
| AIRJ | Montana Technologies Corp Cl A | $268M | Industrials | Building Products & Equipment | -0.44 |
| AIRJW | Montana Technologies Corp Wt Exp | $1.70M | N/A | N/A | -0.44 |
| TVAIR | Thayer Ventures Acquisition Corporation II Rights | $166K | N/A | N/A | -0.44 |
| KBSX | FST Corp | $39M | Consumer Cyclical | Leisure | -0.44 |
| UMAC | Unusual Machines Inc | $885M | Technology | Computer Hardware | -0.44 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.43 |
| CSAI | Cloudastructure Inc - Class A | $7.44M | Technology | Software - Infrastructure | -0.43 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.42 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.42 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.42 |
| DEC | N/A | $961M | Energy | Oil & Gas Integrated | -0.41 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.41 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.40 |
| AURE | Aurelion Inc - Class A | $64M | Financial Services | Capital Markets | -0.40 |