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10 Stocks and 90 ETFs for diversifying EFT (Eaton Vance Floating-Rate Income Trust)

The least correlated asset to EFT (Eaton Vance Floating-Rate Income Trust) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.8135.

Stocks that lowly correlated with EFT

SymbolName
Market cap
SectorIndustry
Correlation
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.51
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.46
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.45
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.43
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.43
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.43
AIIAmerican Integrity Insurance Group Inc$328MFinancial ServicesInsurance - Property & Casualty-0.42
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.41
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.41
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.41

ETFs that lowly correlated with EFT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.81
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.80
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.79
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.78
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.78
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.77
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.77
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.77
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.77
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.77
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.77
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.77
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.76
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.75
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.75
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.75
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.74
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.74
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.74
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.74
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.72
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.72
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.71
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.71
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.71
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.70
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.70
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.69
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.69
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.69
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.68
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.68
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.67
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.66
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.66
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.65
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.64
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.63
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.63
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.63
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.62
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.61
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.61
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.59
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.59
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.59
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.58
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.57
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.57
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.56
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.56
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.55
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.54
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.54
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.53
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.53
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.53
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.52
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.51
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.50
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.50
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.50
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.50
FNGDBank of Montreal$68MN/AJan 22, 2018-0.49
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.49
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.49
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.49
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.49
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.49
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.48
GGOViShares Global Government Bond USD Hedged Active$44M0.39%Jun 25, 2025-0.47
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.47
OILDBank of Montreal$19MN/ANov 8, 2021-0.47
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.47
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.46
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.45
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.44
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $17MN/ASep 4, 2024-0.43
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $9.30M0.12%Sep 9, 2024-0.43
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.43
IBTPISHARES IBONDS DEC 2034 TERM TREASURY ETF $267M0.07%Jun 11, 2024-0.42
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.42
USINWISDOMTREE 7-10 YEAR LADDERED TREASURY FUND $4.50M0.15%Mar 12, 2024-0.41
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.41
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.41
USSHWISDOMTREE 1-3 YEAR LADDERED TREASURY FUND $23M0.15%Mar 12, 2024-0.40
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.40
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.40