43 Stocks and 57 ETFs for diversifying MARB (FIRST TRUST MERGER ARBITRAGE ETF)
The least correlated asset to MARB (FIRST TRUST MERGER ARBITRAGE ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.
Stocks that lowly correlated with MARB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.72 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.66 |
| HXHX | Haoxin Holdings Ltd - Class A | $6.49M | Industrials | Integrated Freight & Logistics | -0.63 |
| TACO | Berto Acquisition Corp | $315M | Financial Services | Shell Companies | -0.62 |
| WTF | Waton Financial Ltd | $141M | Financial Services | Capital Markets | -0.56 |
| WETO | Webus International Ltd | $11M | Technology | Software - Infrastructure | -0.54 |
| XRPN | Armada Acquisition Corp II - Class A | $328M | Financial Services | Shell Companies | -0.54 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.52 |
| VOYG | Voyager Technologies Inc - Class A | $2.83B | Industrials | Aerospace & Defense | -0.52 |
| ENGS | Energys Group Ltd | $12M | Industrials | Waste Management | -0.50 |
| ISOU | IsoEnergy Ltd | $662M | Energy | Uranium | -0.49 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.49 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.48 |
| SKBL | Skyline Builders Group Holding Ltd - Class A | $91M | Industrials | Engineering & Construction | -0.47 |
| NEUP | Neuphoria Therapeutics Inc | $29M | Healthcare | Biotechnology | -0.47 |
| FMFC | Kandal M Venture Ltd - Class A | $6.81M | Consumer Cyclical | Footwear & Accessories | -0.47 |
| NAMM | Namib Minerals. | $77M | Basic Materials | Gold | -0.46 |
| IBIO | iBio Inc | $65M | Healthcare | Biotechnology | -0.46 |
| AAUC | Allied Gold Corporation | $3.41B | Basic Materials | Gold | -0.46 |
| PFAI | Pinnacle Food Group Ltd - Class A | $46M | Consumer Defensive | Farm Products | -0.45 |
| PRMB | Primo Brands Corp - Class A | $8.97B | Consumer Defensive | Beverages - Non-alcoholic | -0.45 |
| MDCX | Medicus Pharma Ltd. Common Stock | $12M | N/A | N/A | -0.45 |
| TJGC | TJGC Group Ltd | $101M | Communication Services | Advertising Agencies | -0.43 |
| EPWK | EPWK Holdings Ltd - Class A | $9.78K | Technology | Software - Application | -0.43 |
| FATN | Fatpipe Inc | $68M | Technology | Software - Infrastructure | -0.43 |
| FTPA | FTAC Parnassus Acquisition Corp - Class A | $302M | Financial Services | Shell Companies | -0.43 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.42 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.42 |
| AIM | AIM ImmunoTech Inc. | $1.74M | Healthcare | Biotechnology | -0.42 |
| WAI | Top KingWin Ltd - Class A | $4.47M | Financial Services | Capital Markets | -0.42 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.41 |
| NKLR | Terra Innovatum Global N.V. | $312M | Utilities | Utilities - Regulated Electric | -0.41 |
| PTNM | Pitanium Ltd - Class A | $225M | Consumer Defensive | Household & Personal Products | -0.40 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $178M | Financial Services | Shell Companies | -0.40 |
| JMACU | Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War) | $150M | N/A | N/A | -0.40 |
| FTEL | Fitell Corp | $1.78M | Consumer Cyclical | Specialty Retail | -0.40 |
| EHGO | Eshallgo Inc - Class A | $2.55M | Industrials | Business Equipment & Supplies | -0.40 |
| NNOX | Nano X Imaging Ltd | $131M | Healthcare | Medical Devices | -0.40 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $13M | Industrials | Farm & Heavy Construction Machinery | -0.39 |
| ORIS | Oriental Rise Holdings Ltd | $2.35M | Consumer Defensive | Packaged Foods | -0.39 |
| NPAC | New Providence Acquisition Corp III - Class A | $397M | Financial Services | Shell Companies | -0.39 |
| RDAG | Republic Digital Acquisition Co. - Class A | $310M | Financial Services | Shell Companies | -0.38 |
| TACOW | Berto Acquisition Corp - Warrants (01/05/2030) | $1.62M | N/A | N/A | -0.38 |