Overview Performance Dividends Correlations

28 Stocks and 72 ETFs for diversifying NFLT (VIRTUS NEWFLEET MULTI-SECTOR BOND ETF)

The least correlated asset to NFLT (VIRTUS NEWFLEET MULTI-SECTOR BOND ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8805.

Stocks that lowly correlated with NFLT

Symbol	Name	Market cap	Sector	Industry	Correlation
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$20M	Financial Services	Shell Companies	-0.80
CRCL	Circle Internet Group Inc - Class A	$25B	Financial Services	Capital Markets	-0.65
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.59
STRZ	Starz Entertainment Corp	$380M	Communication Services	Entertainment	-0.55
CHA	Chagee Holdings Ltd	$1.65B	Consumer Cyclical	Restaurants	-0.54
STAK	Stak Inc	$17M	Energy	Oil & Gas Equipment & Services	-0.52
DFSC	DEFSEC Technologies Inc Com	$8.73M	Industrials	Aerospace & Defense	-0.50
RAAQ	Real Asset Acquisition Corp - Class A	$196M	Financial Services	Shell Companies	-0.50
PROP	Prairie Operating Co. Common Stock	$81M	Energy	Oil & Gas E&p	-0.49
SLDE	Slide Insurance Holdings Inc	$2.20B	Financial Services	Insurance - Property & Casualty	-0.48
NCEW	New Century Logistics (BVI) Ltd	$58M	Industrials	Integrated Freight & Logistics	-0.48
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.46
GIBO	GIBO Holdings Ltd	$42M	Communication Services	Internet Content & Information	-0.46
LGPS	LogProstyle Inc	$16M	Industrials	Conglomerates	-0.46
SAFX	XCF Global Inc	$126M	Utilities	Utilities - Renewable	-0.46
OMSE	OMS Energy Technologies Inc	$201M	Energy	Oil & Gas Equipment & Services	-0.45
NYAX	Nayax Ltd	$3.09B	Technology	Software - Infrastructure	-0.44
QSEA	Quartzsea Acquisition Corp	$87M	Financial Services	Shell Companies	-0.43
IROHR	CN Healthy Food Tech Group Corp	$35M	N/A	N/A	-0.43
HMR	Sports Properties Acquisition Corp	$73M	Industrials	Marine Shipping	-0.43
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	-0.42
YSXT	Ysx Tech Co.Ltd - Class A	$24M	Industrials	Specialty Business Services	-0.42
LION	Lionsgate Studios Corp - New	$3.99B	Financial Services	Shell Companies	-0.42
EPWK	EPWK Holdings Ltd - Class A	$9.78K	Technology	Software - Application	-0.42
IBTA	Ibotta Inc - Class A	$819M	Technology	Software - Application	-0.42
HRYU	Global Interactive Technologies Inc	$760K	Communication Services	Internet Content & Information	-0.39
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.39
HCHL	Happy City Holdings Ltd - Class A	$59M	Consumer Cyclical	Restaurants	-0.38

ETFs that lowly correlated with NFLT

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.88
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.80
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.80
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.79
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.76
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.74
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.74
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.72
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.72
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.72
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.72
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.71
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.71
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$210M	0.50%	May 10, 2021	-0.71
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.71
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.70
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.70
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.70
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.69
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.69
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.69
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.69
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.69
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.68
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.68
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.68
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.67
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.67
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.66
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.66
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.64
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.64
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.64
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.64
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.62
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.61
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$228M	1.04%	Sep 30, 2021	-0.61
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.61
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.60
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.60
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.60
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.59
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.59
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.59
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$307M	0.90%	Dec 1, 2020	-0.58
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$396M	0.51%	Dec 18, 2013	-0.57
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.56
CPII	AMERICAN BEACON IONIC INFLATION PROTECTION ETF	$11M	0.70%	Jun 28, 2022	-0.55
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.54
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3M	N/A	Jun 16, 2009	-0.52
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.51
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.51
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.50
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.50
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.49
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.47
UUP	Invesco DB US Dollar Index Bullish Fund	$352M	0.75%	Feb 20, 2007	-0.47
SDP	ProShares UltraShort Utilities -2x Shares	$4.60M	N/A	Jan 30, 2007	-0.46
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.46
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.45
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.45
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.44
CTA	SIMPLIFY MANAGED FUTURES STRATEGY ETF	$1.70B	0.75%	Mar 7, 2022	-0.44
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.44
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.43
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.43
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.40
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.39
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.39
USOY	DEFIANCE OIL ENHANCED OPTIONS INCOME ETF	$76M	1.12%	May 9, 2024	-0.39
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.38
EUO	ProShares UltraShort Euro -2X Shares	$38M	N/A	Nov 24, 2008	-0.38