60 Stocks and 40 ETFs for diversifying SCIO (FIRST TRUST STRUCTURED CREDIT INCOME OPPORTUNITIES ETF)
The least correlated asset to SCIO (FIRST TRUST STRUCTURED CREDIT INCOME OPPORTUNITIES ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.
Stocks that lowly correlated with SCIO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PARAP | Paramount Global Conv Pfd | $8.99B | N/A | N/A | -1.00 |
| DHCA | DHC Acquisition Corp - Class A | $16M | N/A | N/A | -1.00 |
| ADOCR | Australian Oilseeds Holdings Ltd | $985K | N/A | N/A | -1.00 |
| GIBO | GIBO Holdings Ltd | $42M | Communication Services | Internet Content & Information | -0.71 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.70 |
| ANGX | Angel Studios Inc - Class A | $474M | Communication Services | Entertainment | -0.70 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.67 |
| PTWOU | SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War) | $1.13B | N/A | N/A | -0.66 |
| PLMIU | Plum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War) | $232M | N/A | N/A | -0.65 |
| IBTA | Ibotta Inc - Class A | $819M | Technology | Software - Application | -0.65 |
| CSAI | Cloudastructure Inc - Class A | $8.98M | Technology | Software - Infrastructure | -0.64 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.63 |
| TRON | Corner Growth Acquisition Corp 2 - Class A | $996M | Consumer Cyclical | Leisure | -0.63 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.62 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.62 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.60 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.58 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.58 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.57 |
| GTE | Gran Tierra Energy Inc | $279M | Energy | Oil & Gas E&p | -0.57 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.55 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.55 |
| ANNA | AleAnna Inc - Class A | $122M | Energy | Oil & Gas E&p | -0.55 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.53 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.52 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.51 |
| ETOR | Etoro Group Ltd - Class A | $3.64B | Financial Services | Capital Markets | -0.50 |
| EONR | HNR Acquisition Corp | $22M | Energy | Oil & Gas E&p | -0.50 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.50 |
| HMR | Sports Properties Acquisition Corp | $73M | Industrials | Marine Shipping | -0.50 |
| LEE | Lee Enterprises Inc | $53M | Communication Services | Publishing | -0.49 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.48 |
| DJT | Trump Media & Technology Group Corp | $2.37B | Communication Services | Internet Content & Information | -0.48 |
| GEO | Geo Group Inc | $3.03B | Industrials | Security & Protection Services | -0.48 |
| AGX | Argan Inc | $9.40B | Industrials | Engineering & Construction | -0.48 |
| DAWN | Day One Biopharmaceuticals Inc | $2.22B | Healthcare | Biotechnology | -0.48 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.48 |
| PUBM | PubMatic Inc - Class A | $521M | Technology | Software - Application | -0.47 |
| UAN | CVR Partners LP | $1.29B | Basic Materials | Agricultural Inputs | -0.47 |
| VERX | Vertex Inc Class A | $2.20B | Technology | Software - Application | -0.47 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $178M | Financial Services | Shell Companies | -0.47 |
| SLP | Simulations Plus Inc | $314M | Healthcare | Health Information Services | -0.47 |
| MUSA | Murphy USA Inc | $9.56B | Consumer Cyclical | Specialty Retail | -0.46 |
| MDU | MDU Resources Group Inc | $4.50B | Utilities | Utilities - Regulated Gas | -0.46 |
| TALK | Talkspace Inc | $871M | Healthcare | Health Information Services | -0.46 |
| DTM | DT Midstream Inc | $15B | Energy | Oil & Gas Midstream | -0.46 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.45 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.45 |
| CGNT | Cognyte Software Ltd | $748M | Technology | Software - Infrastructure | -0.45 |
| VOC | VOC Energy Trust | $53M | Energy | Oil & Gas E&p | -0.45 |
| SMSI | Smith Micro Software Inc | $21M | Technology | Software - Application | -0.44 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.44 |
| BIAF | BioAffinity Technologies Inc | $7.42M | Healthcare | Diagnostics & Research | -0.44 |
| VIST | Vista Energy S.A.B. de C.V | $8.12B | Energy | Oil & Gas E&p | -0.44 |
| BANL | CBL International Ltd | $11M | Energy | Oil & Gas Midstream | -0.44 |
| FANG | Diamondback Energy Inc | $54B | Energy | Oil & Gas E&p | -0.44 |
| ARLP | Alliance Resource Partners LP | $3.21B | Energy | Thermal Coal | -0.44 |
| MGNX | Macrogenics Inc | $278M | Healthcare | Biotechnology | -0.44 |
| FEAM | 5E Advanced Materials Inc | $77M | Basic Materials | Specialty Chemicals | -0.43 |
| MYRG | MYR Group Inc | $7.35B | Industrials | Engineering & Construction | -0.43 |