13 Stocks and 87 ETFs for diversifying ISHP (FIRST TRUST S-NETWORK E-COMMERCE ETF)
The least correlated asset to ISHP (FIRST TRUST S-NETWORK E-COMMERCE ETF) is ETF SCC (ProShares UltraShort Consumer Discretionary). The correlation is -0.8005.
Stocks that lowly correlated with ISHP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.60 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.59 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.55 |
| DTSQ | DT Cloud Star Acquisition Corp | $70M | Financial Services | Shell Companies | -0.50 |
| INACU | Indigo Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $34M | Financial Services | Shell Companies | -0.50 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.49 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.49 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.47 |
| NCI | Neo Concept International Group Holdings Ltd | $48M | Consumer Cyclical | Apparel Manufacturing | -0.45 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.45 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.42 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.41 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.40 |