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52 Stocks and 48 ETFs for diversifying Fabrinet (FN)

The least correlated asset to Fabrinet (FN) is company Pantages Capital Acquisition Corp Cl A Ord Shs (PGAC). The correlation is -0.7548.

Stocks that lowly correlated with FN

SymbolName
Market cap
SectorIndustry
Correlation
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.75
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.75
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.74
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.68
TGHLGrowhub Ltd (The) - Class A$19MTechnologySoftware - Infrastructure-0.62
RAAQReal Asset Acquisition Corp - Class A$231MFinancial ServicesShell Companies-0.61
SIShoulder Innovations Inc$452MN/AN/A-0.60
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.60
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.57
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.56
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.55
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.55
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.54
ZSPCZspace Inc$2.96MTechnologyComputer Hardware-0.52
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.51
JENAJena Acquisition Corporation II Class A$242MFinancial ServicesShell Companies-0.49
CARLCarlsmed Inc$301MHealthcareHealth Information Services-0.48
BOWBowhead Specialty Holdings Inc$982MFinancial ServicesInsurance - Property & Casualty-0.48
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.48
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.47
EURKUEureka Acquisition Corp - Units (1 Ord Class A & 1 Rts)$53MFinancial ServicesShell Companies-0.47
ONCHU1RT Acquisition Corp - Units (1 Ord Cls A & 1 War)$39MFinancial ServicesShell Companies-0.46
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.46
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.46
TOPTOP Financial Group Ltd - Class A$75MFinancial ServicesCapital Markets-0.46
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.45
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.45
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.45
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.45
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.44
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.43
OMDAOmada Health Inc$1.41BHealthcareHealth Information Services-0.43
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.43
TWFGTWFG Inc - Class A$380MFinancial ServicesInsurance Brokers-0.42
WYHGWing Yip Food Holdings Group Ltd$59MConsumer DefensivePackaged Foods-0.41
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.41
NSRXNasus Pharma Ltd$28MHealthcareDrug Manufacturers - General-0.41
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.41
PRMBPrimo Brands Corp - Class A$9.12BConsumer DefensiveBeverages - Non-alcoholic-0.41
HSPTRHorizon Space Acquisition II Corp Right$1MN/AN/A-0.41
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.39
CONConcentra Group Holdings Parent Inc$3.91BHealthcareMedical Care Facilities-0.39
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.39
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.37
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.37
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.37
NOEMRCO2 Energy Transition Corp$416KN/AN/A-0.37
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.37
NVCTNuvectis Pharma Inc$520MHealthcareBiotechnology-0.36
LCCCRLakeshore Acquisition III Corp$349KN/AN/A-0.36
HYACHaymaker Acquisition Corp. 4$330MFinancial ServicesShell Companies-0.36
XHLDTEN Holdings Inc$8.07MCommunication ServicesBroadcasting-0.36

ETFs that lowly correlated with FN

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.56
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.55
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.54
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.53
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.48
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.47
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.47
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.47
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.46
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.46
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.46
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.45
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.45
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.45
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.44
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.44
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.44
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.44
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.43
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.43
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.42
RTXGLeverage Shares 2X Long RTX Daily ETF$4.50MN/AJun 5, 2025-0.42
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.42
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.41
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.41
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.40
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.40
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.40
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.40
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.40
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.39
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.39
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.39
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.39
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.38
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.38
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.38
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.37
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.37
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.37
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.37
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.37
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.37
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.37
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.36
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.36
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.36
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.36