15 Stocks and 85 ETFs for diversifying RFEM (FIRST TRUST RIVERFRONT DYNAMIC EMERGING MARKETS ETF)
The least correlated asset to RFEM (FIRST TRUST RIVERFRONT DYNAMIC EMERGING MARKETS ETF) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.9375.
Stocks that lowly correlated with RFEM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.63 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.53 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.50 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.47 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.46 |
| LHAI | Linkhome Holdings Inc | $19M | Real Estate | Real Estate Services | -0.44 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.42 |
| TTAN | ServiceTitan Inc - Class A | $7.44B | Technology | Software - Application | -0.42 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.42 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.41 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.40 |
| TPET | Trio Petroleum Corp | $13M | Energy | Oil & Gas E&p | -0.39 |
| ANNA | AleAnna Inc - Class A | $131M | Energy | Oil & Gas E&p | -0.39 |
| HPAI | Helport AI Ltd | $21M | Technology | Software - Infrastructure | -0.39 |
| HNGE | Hinge Health Inc - Class A | $6.74B | Healthcare | Health Information Services | -0.39 |