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OverviewPerformanceDividendsCorrelations
High CorrelationLow Correlation

31 Stocks and 69 ETFs for diversifying FCT (First Trust Senior Floting Rate Income Fund II)

The least correlated asset to FCT (First Trust Senior Floting Rate Income Fund II) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.8113.

Stocks that lowly correlated with FCT

SymbolName
Market cap
SectorIndustry
Correlation
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.76
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.75
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.67
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.65
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.63
SDHISiddhi Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.59
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.59
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.58
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.53
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.52
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.52
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.52
OFSSOOFS Capital Corp$341MN/AN/A-0.50
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.48
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.48
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.47
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.46
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.46
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.45
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.45
VCICUVine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War)$75MFinancial ServicesShell Companies-0.45
DTSQDT Cloud Star Acquisition Corp$70MFinancial ServicesShell Companies-0.43
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.43
EDHLEverbright Digital Holding Ltd$5.88MCommunication ServicesAdvertising Agencies-0.43
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.42
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.42
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.41
RDAGRepublic Digital Acquisition Co. - Class A$311MFinancial ServicesShell Companies-0.40
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.39
DFDVDeFi Development Corp$91MFinancial ServicesAsset Management-0.39
BLTEBelite Bio Inc$5.88BHealthcareBiotechnology-0.39

ETFs that lowly correlated with FCT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.81
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.80
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.79
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.77
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.77
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.76
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.75
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.75
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.75
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.75
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.75
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.74
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.74
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.74
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.74
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.74
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.74
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.74
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.74
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.74
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.73
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.73
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.71
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.69
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.69
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.69
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.67
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.67
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.66
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.66
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.66
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.66
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.65
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.64
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.64
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.64
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.63
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.62
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.61
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.59
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.59
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.59
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.58
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.58
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.57
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.57
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.56
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.56
OILDBank of Montreal$53MN/ANov 8, 2021-0.55
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.55
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.54
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.51
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.50
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.50
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.48
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.47
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.46
TLTXGLOBAL X TREASURY BOND ENHANCED INCOME ETF $14M0.29%Jul 15, 2025-0.46
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.45
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.44
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.44
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.44
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.43
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.42
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.41
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.39