12 Stocks and 88 ETFs for diversifying FLBL (FRANKLIN SENIOR LOAN ETF)
The least correlated asset to FLBL (FRANKLIN SENIOR LOAN ETF) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.8228.
Stocks that lowly correlated with FLBL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| LCCCR | Lakeshore Acquisition III Corp | $500K | N/A | N/A | -0.66 |
| CHPG | ChampionsGate Acquisition Corp - Class A | $77M | Financial Services | Shell Companies | -0.63 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.62 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.58 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.56 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.50 |
| LINE | Lineage Inc | $9.85B | Real Estate | Reit - Industrial | -0.48 |
| NPAC | New Providence Acquisition Corp III - Class A | $397M | Financial Services | Shell Companies | -0.46 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.46 |
| NCI | Neo Concept International Group Holdings Ltd | $22M | Consumer Cyclical | Apparel Manufacturing | -0.45 |
| NAMM | Namib Minerals. | $77M | Basic Materials | Gold | -0.44 |
| LNKS | Linkers Industries Ltd - Class A | $16M | Industrials | Electrical Equipment & Parts | -0.44 |