21 Stocks and 79 ETFs for diversifying FLHY (FRANKLIN HIGH YIELD CORPORATE ETF)
The least correlated asset to FLHY (FRANKLIN HIGH YIELD CORPORATE ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9635.
Stocks that lowly correlated with FLHY
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PX | P10, Inc. | $18B | Financial Services | Asset Management | -0.74 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.58 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.56 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.55 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.54 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.53 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.52 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.52 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.51 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.49 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.49 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.48 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.48 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.48 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.47 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.47 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.47 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.46 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.45 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.44 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.44 |