12 Stocks and 88 ETFs for diversifying BGT (BlackRock Floating Rate Income Trust)
The least correlated asset to BGT (BlackRock Floating Rate Income Trust) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.825.
Stocks that lowly correlated with BGT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.54 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.54 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.46 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.44 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.40 |
| BDMD | Baird Medical Investment Holdings Ltd . | $44M | Healthcare | Medical Devices | -0.40 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.39 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.37 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.37 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.37 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.36 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.35 |