Overview Performance Dividends Correlations

36 Stocks and 64 ETFs for diversifying INCM (Franklin Income Focus ETF)

The least correlated asset to INCM (Franklin Income Focus ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with INCM

Symbol	Name	Market cap	Sector	Industry	Correlation
TWCBU	Bilander Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)	$229M	N/A	N/A	-1.00
TWCB	Bilander Acquisition Corp - Class A	$230M	N/A	N/A	-1.00
SDACU	Sustainable Development Acquisition I Corp - Units (1 Ord Class A & 1/2 War)	$210M	N/A	N/A	-1.00
MEOA	Minority Equality Opportunities Acquisition Inc - Class A	$114M	N/A	N/A	-1.00
DBTX	Decibel Therapeutics Inc	$123M	N/A	N/A	-0.95
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.92
SLVRU	SilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)	$328M	N/A	N/A	-0.90
CNFRL	Conifer Holdings Inc	$303M	N/A	N/A	-0.88
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.88
FRBNU	Forbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$316M	N/A	N/A	-0.86
APRN	Blue Apron Holdings Inc - Class A	$100M	N/A	N/A	-0.79
BRLI	Brilliant Acquisition Corp	$5.92M	N/A	N/A	-0.78
WWACU	Aeries Technology Inc - Units (1 Ord Class A & 1/2 War)	$41M	N/A	N/A	-0.74
SPPI	Spectrum Pharmaceuticals Inc	$208M	N/A	N/A	-0.71
BRLIU	Brilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)	$6.42M	N/A	N/A	-0.68
ALORU	ALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)	$22M	N/A	N/A	-0.67
CPAAU	Conyers Park III Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$366M	N/A	N/A	-0.67
ELOG	Eastern International Ltd	$9.59M	Industrials	Integrated Freight & Logistics	-0.63
AMAO	American Acquisition Opportunity Inc - Class A	$118M	N/A	N/A	-0.62
APGB	Apollo Strategic Growth Capital II - Class A	$372M	N/A	N/A	-0.61
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.59
ALOR	ALSP Orchid Acquisition Corp I - Class A	$22M	N/A	N/A	-0.58
FIGXU	FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$35M	Financial Services	Shell Companies	-0.54
SABRP	Sabre Corp	$24B	N/A	N/A	-0.54
LGPS	LogProstyle Inc	$26M	Industrials	Conglomerates	-0.53
LHAI	Linkhome Holdings Inc	$19M	Real Estate	Real Estate Services	-0.51
OMDA	Omada Health Inc	$1.41B	Healthcare	Health Information Services	-0.51
AURC	Better Home & Finance Holding Co. - Class A	$104M	N/A	N/A	-0.51
HNGE	Hinge Health Inc - Class A	$6.74B	Healthcare	Health Information Services	-0.50
EPWK	EPWK Holdings Ltd - Class A	$9.78K	Technology	Software - Application	-0.49
SOCAU	Solarius Capital Acquisition Corp Units	$179M	Financial Services	Shell Companies	-0.49
HPLTU	Home Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$79M	N/A	N/A	-0.49
ATPC	Agape ATP Corp	$2.52M	Consumer Defensive	Packaged Foods	-0.49
SI	Shoulder Innovations Inc	$452M	N/A	N/A	-0.49
STRZ	Starz Entertainment Corp	$468M	Communication Services	Entertainment	-0.49
AACIW	Armada Acquisition Corp I - Warrants (13/08/2026)	$20M	N/A	N/A	-0.48

ETFs that lowly correlated with INCM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	-1.00
FIYY	GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF	$732K	1.07%	May 4, 2026	-0.99
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.86
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.86
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	-0.84
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.81
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.78
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.77
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.75
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.75
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.74
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.74
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.73
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.71
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.71
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.71
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.71
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.70
TBF	PROSHARES SHORT 20+ YEAR TREASURY	$87M	0.95%	Aug 18, 2009	-0.69
TBT	PROSHARES ULTRASHORT 20+ YEAR TREASURY	$280M	N/A	Apr 29, 2008	-0.69
TMV	DIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES	$163M	N/A	Apr 16, 2009	-0.68
TTT	ProShares UltraPro Short 20+ Year Treasury -3x Shares	$17M	N/A	Mar 27, 2012	-0.68
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.68
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.68
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.65
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.64
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$176M	0.50%	May 10, 2021	-0.64
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.64
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.63
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.63
TYO	DIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES	$12M	N/A	Apr 16, 2009	-0.63
PST	PROSHARES ULTRASHORT 7-10 YEAR TREASURY	$11M	N/A	Apr 29, 2008	-0.63
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.62
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.62
TBX	PROSHARES SHORT 7-10 YEAR TREASURY	$20M	0.95%	Apr 4, 2011	-0.62
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.62
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.62
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.62
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.62
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.61
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.61
NOWL	GRANITESHARES 2X LONG NOW DAILY ETF	$286M	N/A	Jul 14, 2025	-0.60
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.60
CPII	AMERICAN BEACON IONIC INFLATION PROTECTION ETF	$11M	0.70%	Jun 28, 2022	-0.57
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.55
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.55
SDP	ProShares UltraShort Utilities -2x Shares	$3.90M	N/A	Jan 30, 2007	-0.54
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.53
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.53
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.53
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.53
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.52
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.52
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.52
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$433M	0.51%	Dec 18, 2013	-0.51
SHPU	DIREXION DAILY SHOP BULL 2X ETF	$15M	N/A	Aug 5, 2025	-0.51
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.50
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.48
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.48
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.47
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.46
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.46
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.46