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33 Stocks and 67 ETFs for diversifying Franklin Electric (FELE)

The least correlated asset to Franklin Electric (FELE) is company Ysx Tech Co.Ltd (YSXT). The correlation is -0.7657.

Stocks that lowly correlated with FELE

SymbolName
Market cap
SectorIndustry
Correlation
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.77
EDHLEverbright Digital Holding Ltd$4.80MCommunication ServicesAdvertising Agencies-0.55
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.55
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.51
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.51
WFFWF Holding Ltd$10MIndustrialsSpecialty Industrial Machinery-0.50
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.50
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.49
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.49
BDMDBaird Medical Investment Holdings Ltd .$44MHealthcareMedical Devices-0.48
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.46
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.46
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.43
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.43
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.43
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.42
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.41
LZMHLZ Technology Holdings Ltd - Class B$9.09MTechnologyInformation Technology Services-0.41
BGMQilian International Holding Group Ltd - Class A$7.45MHealthcareDrug Manufacturers - Specialty & Generic-0.41
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.41
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.41
BOWNBowen Acquisition Corp$21MFinancial ServicesShell Companies-0.41
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.41
BOWNUBowen Acquisition Corp - Units (1 Ordinary share & 1 Right)$30MFinancial ServicesShell Companies-0.39
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.39
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.38
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.37
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.37
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.37
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.36
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.36
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.36
OSTXOS Therapies Inc$74MHealthcareBiotechnology-0.36

ETFs that lowly correlated with FELE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.72
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.72
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.71
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.71
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.71
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.70
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.69
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.68
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.68
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.66
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.65
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.65
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.65
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.65
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.64
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.64
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.64
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.62
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.61
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.61
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.60
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.59
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.58
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.58
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.57
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.57
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.57
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.56
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.56
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.56
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.56
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.56
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.54
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.54
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.53
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.53
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.53
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.53
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.53
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.53
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.52
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.51
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.50
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.47
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.46
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.46
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.45
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.45
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.44
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.44
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.43
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.41
FNGDBank of Montreal$68MN/AJan 22, 2018-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.40
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.40
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.40
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.38
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.37
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.37
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.37
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.37
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.36
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.36
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.36
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.35