Overview Performance Dividends Correlations

10 Stocks and 90 ETFs for diversifying FRA (Blackrock Floating Rate Income Strategies Fund)

The least correlated asset to FRA (Blackrock Floating Rate Income Strategies Fund) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.8189.

Stocks that lowly correlated with FRA

Symbol	Name	Market cap	Sector	Industry	Correlation
SLDE	Slide Insurance Holdings Inc	$2.20B	Financial Services	Insurance - Property & Casualty	-0.59
BDMD	Baird Medical Investment Holdings Ltd .	$44M	Healthcare	Medical Devices	-0.56
PROP	Prairie Operating Co. Common Stock	$81M	Energy	Oil & Gas E&p	-0.54
HBNB	Hotel101 Global Holdings Corp	$1.36B	Real Estate	Real Estate Services	-0.49
CRAQ	Cal Redwood Acquisition Corp	$320M	Financial Services	Shell Companies	-0.44
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.43
GIBO	GIBO Holdings Ltd	$42M	Communication Services	Internet Content & Information	-0.43
ASIC	Ategrity Specialty Holdings LLC	$969M	Financial Services	Insurance - Property & Casualty	-0.41
LCCC	Lakeshore Acquisition III Corp	$72M	Financial Services	Shell Companies	-0.39
LGPS	LogProstyle Inc	$16M	Industrials	Conglomerates	-0.37

ETFs that lowly correlated with FRA

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.82
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.81
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.79
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.79
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.79
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.79
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.79
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.78
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.78
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.78
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.77
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.77
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.77
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.77
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.77
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.77
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.77
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.74
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.74
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.73
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.72
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.72
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.72
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.71
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.71
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.70
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.70
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.68
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.67
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.67
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.66
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.66
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.66
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.64
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.63
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.63
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.63
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.62
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.62
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.61
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.61
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.61
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.60
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.60
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.60
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.59
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.59
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.58
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.58
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.57
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.57
SETH	ProShares Short Ether ETF	$16M	0.95%	Nov 1, 2023	-0.57
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.56
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.55
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.54
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.54
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.53
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.53
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.52
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.51
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.51
WNTR	YieldMax Short MSTR Option Income Strategy ETF	$72M	1.00%	Mar 26, 2025	-0.50
OILD	Bank of Montreal	$19M	N/A	Nov 8, 2021	-0.50
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.49
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	-0.49
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.48
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.48
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.48
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.47
SBIT	ProShares UltraShort Bitcoin ETF	$183M	N/A	Apr 1, 2024	-0.46
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.46
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.46
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.45
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$75M	N/A	Aug 21, 2023	-0.44
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.43
MSDD	GRANITESHARES 2X SHORT MSTR DAILY ETF	$1M	N/A	Jun 9, 2025	-0.43
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3M	N/A	Jun 16, 2009	-0.42
TRSY	Xtrackers US 0-1 Year Treasury ETF	$74M	0.06%	Oct 8, 2024	-0.42
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$17M	N/A	Sep 4, 2024	-0.42
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.41
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$19M	1.05%	May 1, 2024	-0.41
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.41
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.40
MSFD	DIREXION DAILY MSFT BEAR 1X SHARES	$42M	1.02%	Sep 6, 2022	-0.40
SHRT	GOTHAM SHORT STRATEGIES ETF	$17M	1.35%	Jul 31, 2017	-0.40
BITI	ProShares Short Bitcoin ETF	$187M	1.01%	Jun 21, 2022	-0.40
SMST	DEFIANCE DAILY TARGET 2X SHORT MSTR ETF	$31M	N/A	Aug 20, 2024	-0.40
MSTZ	T-REX 2X INVERSE MSTR DAILY TARGET ETF	$110M	N/A	Sep 17, 2024	-0.39
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.39
PALD	Direxion Daily PANW Bear 1X Shares	$2.40M	1.02%	Feb 10, 2025	-0.37