Overview Performance Dividends Correlations

12 Stocks and 88 ETFs for diversifying FTSL (FIRST TRUST SENIOR LOAN FUND)

The least correlated asset to FTSL (FIRST TRUST SENIOR LOAN FUND) is ETF TNGY (TORTOISE ENERGY ETF). The correlation is -0.8743.

Stocks that lowly correlated with FTSL

Symbol	Name	Market cap	Sector	Industry	Correlation
PROP	Prairie Operating Co. Common Stock	$81M	Energy	Oil & Gas E&p	-0.68
WSBK	Winchester Bancorp Inc	$119M	Financial Services	Banks - Regional	-0.65
NCI	Neo Concept International Group Holdings Ltd	$22M	Consumer Cyclical	Apparel Manufacturing	-0.56
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.54
KG	KING PHARMACEUTICALS INC	$85M	Financial Services	Insurance - Reinsurance	-0.49
LINE	Lineage Inc	$9.85B	Real Estate	Reit - Industrial	-0.47
LNKS	Linkers Industries Ltd - Class A	$16M	Industrials	Electrical Equipment & Parts	-0.46
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.42
HSPTR	Horizon Space Acquisition II Corp Right	$763K	N/A	N/A	-0.41
IBIO	iBio Inc	$65M	Healthcare	Biotechnology	-0.40
NAMM	Namib Minerals.	$77M	Basic Materials	Gold	-0.40
BMGL	Basel Medical Group Ltd	$11M	Healthcare	Medical Care Facilities	-0.40

ETFs that lowly correlated with FTSL

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.87
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.83
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.82
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.82
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.82
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.81
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.81
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.80
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.80
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.80
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
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.78
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.78
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.78
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.78
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.78
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.78
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.77
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.76
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.76
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.76
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.76
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.74
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.74
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.73
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.72
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.72
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.72
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.71
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.71
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.71
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.71
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.70
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.69
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.69
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.69
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.69
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.68
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.67
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.67
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.67
SETH	ProShares Short Ether ETF	$16M	0.95%	Nov 1, 2023	-0.66
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.66
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.65
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.64
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.64
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.64
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.62
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.62
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.61
XOMX	Direxion Daily XOM Bull 2X Shares	$7.90M	N/A	Apr 22, 2025	-0.61
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.61
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	-0.60
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.60
SBIT	ProShares UltraShort Bitcoin ETF	$183M	N/A	Apr 1, 2024	-0.59
OILD	Bank of Montreal	$19M	N/A	Nov 8, 2021	-0.59
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.59
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.59
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.58
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.58
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.56
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.56
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3M	N/A	Jun 16, 2009	-0.54
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$19M	1.05%	May 1, 2024	-0.54
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.53
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.53
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.52
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.52
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.50
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.49
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$17M	N/A	Sep 4, 2024	-0.49
PALD	Direxion Daily PANW Bear 1X Shares	$2.40M	1.02%	Feb 10, 2025	-0.47
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.46
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.46
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-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
QCMD	Direxion Daily QCOM Bear 1X ETF	$2M	1.00%	Jun 24, 2025	-0.45
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.45
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.43
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.43
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.42
PLTZ	Defiance Daily Target 2x Short PLTR ETF	$29M	N/A	Jun 5, 2025	-0.42
SDP	ProShares UltraShort Utilities -2x Shares	$4.60M	N/A	Jan 30, 2007	-0.42
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.42
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.41
LFAI	LifeX 2050 Longevity Income ETF	$4.50M	0.25%	Jan 8, 2024	-0.40
BITI	ProShares Short Bitcoin ETF	$187M	1.01%	Jun 21, 2022	-0.40