8 Stocks and 92 ETFs for diversifying RFDA (ALPS DYNAMIC US DIVIDEND ADVANTAGE ETF)
The least correlated asset to RFDA (ALPS DYNAMIC US DIVIDEND ADVANTAGE ETF) is ETF SH (ProShares Short S&P500 -1x Shares). The correlation is -0.9421.
Stocks that lowly correlated with RFDA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.52 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.51 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.50 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.50 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.50 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.49 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.48 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.47 |