19 Stocks and 81 ETFs for diversifying JFR (Nuveen Floating Rate Income Fund)
The least correlated asset to JFR (Nuveen Floating Rate Income Fund) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.8121.
Stocks that lowly correlated with JFR
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.69 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.64 |
| ALM | Alma Metals Limited | $3.90B | Basic Materials | Other Industrial Metals & Mining | -0.61 |
| INACR | Indigo Acquisition Corp Right | $448K | N/A | N/A | -0.59 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.57 |
| NUTR | Nusatrip Inc | $174M | Consumer Cyclical | Travel Services | -0.55 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.55 |
| EFTY | Etoiles Capital Group Co Ltd - Class A | $287M | Industrials | Consulting Services | -0.52 |
| SUGP | SU Group Holdings Ltd - Class A | $5.51M | Industrials | Security & Protection Services | -0.52 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.50 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.50 |
| TBN | Tamboran Resources Corp | $774M | Energy | Oil & Gas E&p | -0.47 |
| BDMD | Baird Medical Investment Holdings Ltd . | $34M | Healthcare | Medical Devices | -0.46 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.46 |
| HVMCU | Highview Merger Corp - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.45 |
| APADU | A Paradise Acquisition Corp Unit | $67M | Financial Services | Shell Companies | -0.44 |
| PLT | N/A | $508M | N/A | N/A | -0.43 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.42 |
| NAMI | Jinxin Technology Holding Company | $7.41M | Communication Services | Internet Content & Information | -0.42 |