8 Stocks and 92 ETFs for diversifying USPX (FRANKLIN U.S. EQUITY INDEX ETF)
The least correlated asset to USPX (FRANKLIN U.S. EQUITY INDEX ETF) is ETF SPDN (DIREXION DAILY S&P 500 (R) BEAR 1X SHARES). The correlation is -0.9525.
Stocks that lowly correlated with USPX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.56 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.56 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.52 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.49 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.48 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.46 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.45 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.45 |