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65 Stocks and 35 ETFs for diversifying MGOV (FIRST TRUST INTERMEDIATE GOVERNMENT OPPORTUNITIES ETF)

The least correlated asset to MGOV (FIRST TRUST INTERMEDIATE GOVERNMENT OPPORTUNITIES ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with MGOV

SymbolName
Market cap
SectorIndustry
Correlation
UTAAUUTA Acquisition Corp - Units (1 Ord Class A & 1/2 War)$61MN/AN/A-1.00
SURFSurface Oncology Inc$65MN/AN/A-1.00
SLVRUSilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)$328MN/AN/A-1.00
CNFRLConifer Holdings Inc$303MN/AN/A-1.00
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.96
APGBApollo Strategic Growth Capital II - Class A$372MN/AN/A-0.96
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.87
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.83
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.82
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.77
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.77
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-0.77
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.76
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.76
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.75
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.74
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.72
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.65
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.64
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.62
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.62
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.60
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.60
DMAADrugs Made In America Acquisition Corp$246MFinancial ServicesShell Companies-0.60
LSAKLesaka Technologies Inc$405MTechnologySoftware - Infrastructure-0.60
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.58
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.58
CYBNCybin Inc$408MHealthcareBiotechnology-0.58
PEWGrabAGun Digital Holdings Inc$75MIndustrialsAerospace & Defense-0.58
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.57
RYETRuanyun Edai Technology Inc$32MConsumer DefensiveEducation & Training Services-0.56
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.55
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.54
APADREnhanced Group Inc$6.67MN/AN/A-0.54
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.53
ATHRAether Holdings Inc$53MTechnologySoftware - Application-0.52
IBTAIbotta Inc - Class A$753MTechnologySoftware - Application-0.52
ARAntero Resources Corp$10BEnergyOil & Gas E&p-0.52
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.52
USEGU.S. Energy Corp$52MEnergyOil & Gas E&p-0.51
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.51
XLOXilio Therapeutics Inc$53MHealthcareBiotechnology-0.51
UANCVR Partners LP$1.23BBasic MaterialsAgricultural Inputs-0.51
NGSNatural Gas Services Group Inc$517MEnergyOil & Gas Equipment & Services-0.51
VMWVmware Inc - Class A$62BN/AN/A-0.51
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.50
EXEExpand Energy Corporation$21BEnergyOil & Gas E&p-0.50
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.50
CSAICloudastructure Inc - Class A$7.44MTechnologySoftware - Infrastructure-0.50
RRCRange Resources Corp$8.47BEnergyOil & Gas E&p-0.50
ARLPAlliance Resource Partners LP$3.16BEnergyThermal Coal-0.50
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.48
LSELeishen Energy Holding Co Ltd$78MEnergyOil & Gas Equipment & Services-0.48
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.48
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.47
SMXTSolarMax Technology Inc$20MTechnologySolar-0.47
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.47
MTRXMatrix Service Company$354MIndustrialsEngineering & Construction-0.46
DECN/A$961MEnergyOil & Gas Integrated-0.46
CEPOCantor Equity Partners I Inc - Class A$271MFinancial ServicesShell Companies-0.46
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.46
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.46
VOCVOC Energy Trust$53MEnergyOil & Gas E&p-0.46
PCLNPriceline.com Inc$906MN/AN/A-0.45
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.44

ETFs that lowly correlated with MGOV

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.96
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.96
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.96
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.95
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.95
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.95
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.95
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.88
RINFPROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF$18M0.30%Jan 10, 2012-0.84
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.82
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.81
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.76
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.71
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.68
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.63
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.61
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.60
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.59
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $291MN/ASep 17, 2024-0.59
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.56
MSTXDefiance Daily Target 2x Long MSTR ETF$151MN/AAug 14, 2024-0.55
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.54
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.53
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.52
BTCLT-REX 2X LONG BITCOIN DAILY TARGET ETF $20MN/AJul 9, 2024-0.52
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.52
BTCGrayscale Bitcoin Mini Trust ETF$3.20B0.15%Jul 31, 2024-0.52
PYPGLEVERAGE SHARES 2X LONG PYPL DAILY ETF $17MN/AApr 3, 2025-0.49
QBProShares Nasdaq100 Dynamic Buffer ETF$2.80M0.58%Jun 24, 2025-0.48
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.48
BITUPROSHARES ULTRA BITCOIN ETF $301MN/AApr 1, 2024-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.45
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.45