23 Stocks and 77 ETFs for diversifying Fortis (FTS)
The least correlated asset to Fortis (FTS) is ETF SDP (ProShares UltraShort Utilities -2x Shares). The correlation is -0.7317.
Stocks that lowly correlated with FTS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.68 |
| DVS | Dolly Varden Silver Corporation | $258M | Basic Materials | Silver | -0.68 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.67 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.63 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.61 |
| MSDL | Morgan Stanley Direct Lending Fund | $1.33B | Financial Services | Asset Management | -0.60 |
| TIC | N/A | $1.58B | Industrials | Specialty Business Services | -0.60 |
| SAIL | Sailpoint Inc | $8.58B | Technology | Software - Infrastructure | -0.60 |
| TLIH | Ten League International Holdings Ltd | $17M | Industrials | Industrial Distribution | -0.60 |
| INV | Innventure Inc | $357M | Financial Services | Asset Management | -0.60 |
| SRTA | Strata Critical Medical Inc Cl A Com | $462M | Healthcare | Medical Care Facilities | -0.58 |
| THH | TryHard Holdings Ltd | $12M | Industrials | Specialty Business Services | -0.57 |
| VYLD | J P Morgan Chase & Co Inverse VIX ShortTerm Futures ETNs due March 22 2045 | $81B | N/A | N/A | -0.54 |
| YHNAR | YHN Acquisition I Ltd | $193K | N/A | N/A | -0.54 |
| LUD | Luda Technology Group Ltd | $98M | Basic Materials | Steel | -0.54 |
| GMHS | Gamehaus Holdings Inc | $46M | Communication Services | Electronic Gaming & Multimedia | -0.53 |
| MSW | Ming Shing Group Holdings Ltd | $16M | Industrials | Engineering & Construction | -0.51 |
| CARL | Carlsmed Inc | $301M | Healthcare | Health Information Services | -0.51 |
| ZJK | ZJK Industrial Co Ltd | $126M | Industrials | Specialty Industrial Machinery | -0.51 |
| HERZ | Herzfeld Credit Income Fund Inc Com | $230M | Financial Services | Asset Management | -0.51 |
| TBHC | The Brand House Collective Inc Com | $21M | Consumer Cyclical | Home Improvement Retail | -0.51 |
| NNE | Nano Nuclear Energy Inc | $931M | Industrials | Specialty Industrial Machinery | -0.51 |
| TWNP | Twin Hospitality Group Inc. Class A Common Stock | $4.08M | Consumer Cyclical | Restaurants | -0.51 |