Skip to main content

Want a detailed portfolio tracker?

15 Stocks and 85 ETFs for diversifying FLAX (FRANKLIN FTSE ASIA EX JAPAN ETF)

The least correlated asset to FLAX (FRANKLIN FTSE ASIA EX JAPAN ETF) is ETF EUM (ProShares Short MSCI Emerging Markets -1x Shares). The correlation is -0.9698.

Stocks that lowly correlated with FLAX

SymbolName
Market cap
SectorIndustry
Correlation
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.64
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.59
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.56
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.53
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.53
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.48
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.41
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.41
ANNAAleAnna Inc - Class A$122MEnergyOil & Gas E&p-0.41
PXP10, Inc.$18BFinancial ServicesAsset Management-0.39
TPETTrio Petroleum Corp$3.76MEnergyOil & Gas E&p-0.38
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.37
BDMDBaird Medical Investment Holdings Ltd .$44MHealthcareMedical Devices-0.36
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.36
WAYWaystar Holding Corp$3.65BHealthcareHealth Information Services-0.35

ETFs that lowly correlated with FLAX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.97
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.96
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.80
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.79
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.78
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.78
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.78
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.77
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.75
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.74
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.74
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.72
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.67
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.67
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.66
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.66
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.66
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.65
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.65
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.65
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.64
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.64
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.64
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.63
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.63
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.63
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.62
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.62
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.61
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.61
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.61
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.60
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.59
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.58
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.57
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.57
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.57
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.56
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.56
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.55
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.55
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.55
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.54
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.54
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.54
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.54
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.54
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.54
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.53
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.53
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.51
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.50
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.49
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.49
FNGDBank of Montreal$68MN/AJan 22, 2018-0.49
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.48
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.48
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.47
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.47
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.47
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.46
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.46
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.46
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.45
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.45
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.44
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.43
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.42
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.42
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.41
EUOProShares UltraShort Euro -2X Shares$38MN/ANov 24, 2008-0.41
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.41
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.40
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.40
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.39
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.37
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.37
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.36
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.36
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.36
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.36
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.35