6 Stocks and 94 ETFs for diversifying MMLG (First Trust Multi-Manager Large Growth ETF)
The least correlated asset to MMLG (First Trust Multi-Manager Large Growth ETF) is ETF AIBD (DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES). The correlation is -0.9408.
Stocks that lowly correlated with MMLG
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.76 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.61 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.55 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.55 |
| CHPG | ChampionsGate Acquisition Corp - Class A | $78M | Financial Services | Shell Companies | -0.47 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.45 |