21 Stocks and 79 ETFs for diversifying NXTG (FIRST TRUST INDXX NEXTG ETF)
The least correlated asset to NXTG (FIRST TRUST INDXX NEXTG ETF) is ETF EEV (ProShares UltraShort MSCI Emerging Markets -2x Shares). The correlation is -0.8335.
Stocks that lowly correlated with NXTG
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.74 |
| GIG | GigCapital7 Corp - Class A | $353M | Financial Services | Shell Companies | -0.60 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.59 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.57 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.57 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.56 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.56 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.52 |
| HPAI | Helport AI Ltd | $21M | Technology | Software - Infrastructure | -0.48 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.48 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.46 |
| QETAR | Quetta Acquisition Corp | $1.43M | N/A | N/A | -0.46 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.44 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.44 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.43 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.42 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.42 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.41 |
| WAY | Waystar Holding Corp | $4.35B | Healthcare | Health Information Services | -0.41 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.39 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.39 |