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 -0.9392.
Stocks that lowly correlated with RFEM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.65 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.61 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.61 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.50 |
| HPAI | Helport AI Ltd | $33M | Technology | Software - Infrastructure | -0.46 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.45 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.42 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.41 |
| TPET | Trio Petroleum Corp | $3.76M | Energy | Oil & Gas E&p | -0.40 |
| ANNA | AleAnna Inc - Class A | $122M | Energy | Oil & Gas E&p | -0.39 |
| TTAN | ServiceTitan Inc - Class A | $5.85B | Technology | Software - Application | -0.39 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.39 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.38 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.38 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.37 |