10 Stocks and 90 ETFs for diversifying XPND (FIRST TRUST EXPANDED TECHNOLOGY ETF)
The least correlated asset to XPND (FIRST TRUST EXPANDED TECHNOLOGY ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with XPND
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.61 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.58 |
| SOL | Emeren Group Ltd American Depositary Shares, each representing 10 shares | $100M | Technology | Solar | -0.57 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.56 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.56 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.54 |
| GLIBA | GCI Liberty Inc - Class A | $879M | Communication Services | Telecom Services | -0.47 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.45 |
| JBS | JBS N.V. - Class A | $13B | Consumer Defensive | Packaged Foods | -0.45 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.44 |