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38 Stocks and 62 ETFs for diversifying Entergy Louisiana LLC (ELC)

The least correlated asset to Entergy Louisiana LLC (ELC) is company Slide Insurance (SLDE). The correlation is -0.8668.

Stocks that lowly correlated with ELC

SymbolName
Market cap
SectorIndustry
Correlation
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.87
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.58
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.58
EDHLEverbright Digital Holding Ltd$4.80MCommunication ServicesAdvertising Agencies-0.55
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.55
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.54
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.54
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.52
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.52
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.51
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.51
CEPOCantor Equity Partners I Inc - Class A$270MFinancial ServicesShell Companies-0.49
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.48
DECN/A$1.05BEnergyOil & Gas Integrated-0.48
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.47
SMXTSolarMax Technology Inc$31MTechnologySolar-0.47
RALRalliant Corporation$6.99BN/AN/A-0.45
ALFUUCenturion Acquisition Corp - Units (1 Ord & 1 War)$305MFinancial ServicesShell Companies-0.43
COLARColumbus Acquisition Corp Rights$1.07MN/AN/A-0.42
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.41
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.41
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.40
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.40
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.39
JCICUJack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War)$432MN/AN/A-0.38
SBXDSilverBox Corp IV - Class A$221MFinancial ServicesShell Companies-0.38
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.38
CHACUCrane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$72MFinancial ServicesShell Companies-0.37
LOKVLive Oak Acquisition Corp V - Class A$243MFinancial ServicesShell Companies-0.37
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.37
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.37
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.37
TPETTrio Petroleum Corp$3.76MEnergyOil & Gas E&p-0.36
NXLNexalin Technology Inc$12MHealthcareMedical Devices-0.36
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.36
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.35
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.35
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.35

ETFs that lowly correlated with ELC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.54
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.52
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.52
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.51
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.49
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.48
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.48
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.47
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.47
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.46
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.46
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.45
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.45
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.45
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.45
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.45
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.45
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.44
BIGYYIELDMAX(R) TARGET 12(TM) BIG 50 OPTION INCOME ETF $26M1.09%Nov 20, 2024-0.44
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.43
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.42
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.42
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.42
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.42
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.42
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.42
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.42
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.42
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.41
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.41
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.41
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.41
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.41
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.40
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.40
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.40
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.40
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.40
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.40
ELILDirexion Daily LLY Bull 2X Shares$18MN/AMar 25, 2025-0.39
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.39
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.39
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.39
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.39
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.39
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.39
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.39
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.38
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.38
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.37
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.37
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.37
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.37
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.36
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.36
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.36
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.36
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.36
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.35
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.35