25 Stocks and 75 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 -0.8129.
Stocks that lowly correlated with FCT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| AII | American Integrity Insurance Group Inc | $328M | Financial Services | Insurance - Property & Casualty | -0.62 |
| SDHI | Siddhi Acquisition Corp - Class A | $287M | Financial Services | Shell Companies | -0.59 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.52 |
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.51 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.48 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.48 |
| DAIC | CID HoldCo Inc | $5.39M | Technology | Information Technology Services | -0.47 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.46 |
| VCICU | Vine Hill Capital Investment Corp - Units (1 Ord Class A & 1/2 War) | $75M | Financial Services | Shell Companies | -0.45 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.45 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.44 |
| DTSQ | DT Cloud Star Acquisition Corp | $70M | Financial Services | Shell Companies | -0.43 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.43 |
| EDHL | Everbright Digital Holding Ltd | $4.80M | Communication Services | Advertising Agencies | -0.43 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.42 |
| DFDV | DeFi Development Corp | $127M | Financial Services | Asset Management | -0.41 |
| HONDW | HCM II Acquisition Corp. Warrant | $202M | N/A | N/A | -0.41 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.40 |
| BLTE | Belite Bio Inc | $5.59B | Healthcare | Biotechnology | -0.39 |
| TVACW | Texas Ventures Acquisition III Corp - Warrants (23/04/2030) | $153M | N/A | N/A | -0.39 |
| BACQU | Merlin Inc - Units (1Ord Class A & 1 Rights) | $781M | Financial Services | Shell Companies | -0.38 |
| RDAG | Republic Digital Acquisition Co. - Class A | $310M | Financial Services | Shell Companies | -0.37 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.37 |
| OAKU | Oak Woods Acquisition Corp - Class A | $44M | Financial Services | Shell Companies | -0.36 |
| RFAI | RF Acquisition Corp II | $116M | Financial Services | Shell Companies | -0.36 |