55 Stocks and 45 ETFs for diversifying HISF (FIRST TRUST HIGH INCOME STRATEGIC FOCUS ETF)
The least correlated asset to HISF (FIRST TRUST HIGH INCOME STRATEGIC FOCUS ETF) is ETF EMEM (SOPHUS CAPITAL EMERGING MARKET ETF). The correlation is -1.
Stocks that lowly correlated with HISF
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| RAIN | Rain Enhancement Technologies Holdco, Inc. Class A Common Stock | $17M | Industrials | Pollution & Treatment Controls | -1.00 |
| PARAP | Paramount Global Conv Pfd | $8.99B | N/A | N/A | -1.00 |
| DHCA | DHC Acquisition Corp - Class A | $16M | N/A | N/A | -1.00 |
| ADOCR | Australian Oilseeds Holdings Ltd | $985K | N/A | N/A | -1.00 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.78 |
| CRE | Cre8 Enterprise Ltd Class A | $6.02M | Industrials | Specialty Business Services | -0.70 |
| ANGX | Angel Studios Inc - Class A | $482M | Communication Services | Entertainment | -0.67 |
| STRZ | Starz Entertainment Corp | $461M | Communication Services | Entertainment | -0.63 |
| PLMIU | Plum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War) | $232M | N/A | N/A | -0.61 |
| OMSE | OMS Energy Technologies Inc | $191M | Energy | Oil & Gas Equipment & Services | -0.61 |
| NEXT | NextDecade Corporation | $2.23B | Energy | Oil & Gas Equipment & Services | -0.60 |
| CRCL | Circle Internet Group Inc - Class A | $19B | Financial Services | Capital Markets | -0.59 |
| GEO | Geo Group Inc | $3.76B | Industrials | Security & Protection Services | -0.58 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.57 |
| FIG | Figma Inc - Class A | $10B | Technology | Software - Application | -0.56 |
| CHA | Chagee Holdings Ltd | $1.90B | Consumer Cyclical | Restaurants | -0.55 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.55 |
| NXL | Nexalin Technology Inc | $9.45M | Healthcare | Medical Devices | -0.54 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $262M | Financial Services | Shell Companies | -0.54 |
| GTE | Gran Tierra Energy Inc | $282M | Energy | Oil & Gas E&p | -0.53 |
| AR | Antero Resources Corp | $11B | Energy | Oil & Gas E&p | -0.53 |
| ETOR | Etoro Group Ltd - Class A | $3.56B | Financial Services | Capital Markets | -0.53 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.53 |
| GIBO | GIBO Holdings Ltd | $42M | Communication Services | Internet Content & Information | -0.52 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.52 |
| ARX | Accelerant Holdings - Class A | $3.13B | Financial Services | Insurance Brokers | -0.52 |
| NN | NextNav Inc | $2.93B | Technology | Software - Infrastructure | -0.52 |
| UAN | CVR Partners LP | $1.23B | Basic Materials | Agricultural Inputs | -0.51 |
| OYSE | Oyster Enterprises II Acquisition Corp | $267M | Financial Services | Shell Companies | -0.51 |
| PTWOU | SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War) | $1.13B | N/A | N/A | -0.51 |
| USEG | U.S. Energy Corp | $52M | Energy | Oil & Gas E&p | -0.51 |
| EQT | EQT Corp | $33B | Energy | Oil & Gas E&p | -0.50 |
| XLO | Xilio Therapeutics Inc | $46M | Healthcare | Biotechnology | -0.50 |
| EXE | Chesapeake Energy Corp - New | $21B | Energy | Oil & Gas E&p | -0.50 |
| DEC | N/A | $1.04B | Energy | Oil & Gas Integrated | -0.50 |
| RAAQ | Real Asset Acquisition Corp - Class A | $187M | Financial Services | Shell Companies | -0.50 |
| DFSC | DEFSEC Technologies Inc Com | $6.98M | Industrials | Aerospace & Defense | -0.50 |
| LEE | Lee Enterprises Inc | $53M | Communication Services | Publishing | -0.49 |
| RRC | Range Resources Corp | $9.20B | Energy | Oil & Gas E&p | -0.49 |
| IBTA | Ibotta Inc - Class A | $766M | Technology | Software - Application | -0.49 |
| HYZN | Hyzon Motors Inc - Class A | $3.42M | Consumer Cyclical | Auto Parts | -0.48 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.47 |
| SMSI | Smith Micro Software Inc | $18M | Technology | Software - Application | -0.47 |
| DMLP | Dorchester Minerals LP | $1.32B | Energy | Oil & Gas E&p | -0.47 |
| TALK | Talkspace Inc | $873M | Healthcare | Health Information Services | -0.47 |
| SMXT | SolarMax Technology Inc | $27M | Technology | Solar | -0.47 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.47 |
| CSAI | Cloudastructure Inc - Class A | $6.30M | Technology | Software - Infrastructure | -0.46 |
| YSXT | Ysx Tech Co.Ltd - Class A | $25M | Industrials | Specialty Business Services | -0.46 |
| NCEW | New Century Logistics (BVI) Ltd | $65M | Industrials | Integrated Freight & Logistics | -0.46 |
| MITK | Mitek Systems Inc | $718M | Technology | Software - Application | -0.46 |
| PEW | GrabAGun Digital Holdings Inc | $75M | Industrials | Aerospace & Defense | -0.46 |
| BANL | CBL International Ltd | $11M | Energy | Oil & Gas Midstream | -0.46 |
| CTRA | Coterra Energy Inc. | $25B | Energy | Oil & Gas E&p | -0.46 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.46 |