38 Stocks and 62 ETFs for diversifying PennantPark Floating Rate Capital (PFLT)
The least correlated asset to PennantPark Floating Rate Capital (PFLT) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.7762.
Stocks that lowly correlated with PFLT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.61 |
| LCCCR | Lakeshore Acquisition III Corp | $500K | N/A | N/A | -0.57 |
| AII | American Integrity Insurance Group Inc | $328M | Financial Services | Insurance - Property & Casualty | -0.54 |
| TVACW | Texas Ventures Acquisition III Corp - Warrants (23/04/2030) | $153M | N/A | N/A | -0.49 |
| IPEX | Inflection Point Acquisition Corp V - Class A | $125M | Financial Services | Shell Companies | -0.48 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.48 |
| KG | KING PHARMACEUTICALS INC | $85M | Financial Services | Insurance - Reinsurance | -0.47 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.46 |
| XRPN | Armada Acquisition Corp II - Class A | $328M | Financial Services | Shell Companies | -0.43 |
| GIGGU | GigCapital7 Corp - Units (1 Ord Class A & 1 War) | $2.83B | Financial Services | Shell Companies | -0.43 |
| MLACR | Mountain Lake Acquisition Corp | $7.99M | N/A | N/A | -0.42 |
| HONDW | HCM II Acquisition Corp. Warrant | $202M | N/A | N/A | -0.42 |
| LOAR | Loar Holdings Inc | $5.82B | Industrials | Aerospace & Defense | -0.41 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.41 |
| NCI | Neo Concept International Group Holdings Ltd | $22M | Consumer Cyclical | Apparel Manufacturing | -0.41 |
| MLAC | Mountain Lake Acquisition Corp - Class A | $43M | N/A | N/A | -0.40 |
| JBDI | JBDI Holdings Ltd | $9.63M | Consumer Cyclical | Specialty Retail | -0.40 |
| DYCQ | DT Cloud Acquisition Corp | $23M | Financial Services | Shell Companies | -0.39 |
| ALPS | Alpine Summit Energy Partners Inc | $24M | N/A | Oil & Gas | -0.38 |
| LNKS | Linkers Industries Ltd - Class A | $16M | Industrials | Electrical Equipment & Parts | -0.38 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.38 |
| NUAI | New Era Energy & Digital Inc | $221M | Technology | Software - Infrastructure | -0.38 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.38 |
| HONDU | HCM II Acquisition Corp Unit | $483M | Financial Services | Shell Companies | -0.38 |
| DFDV | DeFi Development Corp | $127M | Financial Services | Asset Management | -0.37 |
| RMCO | Royalty Management Holding Corporation Class A Common Stock | $35M | Financial Services | Asset Management | -0.36 |
| TVA | Texas Ventures Acquisition III Corp - Class A | $236M | Financial Services | Shell Companies | -0.36 |
| HYAC-U | Haymaker Acquisition Corp 4 - Units (1 Ord Class A & 1/2 War) | $65M | N/A | N/A | -0.36 |
| ENGS | Energys Group Ltd | $12M | Industrials | Waste Management | -0.36 |
| KMTS | Kestra Medical Technologies Ltd | $1.23B | Healthcare | Medical Instruments & Supplies | -0.36 |
| WTF | Waton Financial Ltd | $141M | Financial Services | Capital Markets | -0.35 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.35 |
| MLACU | Mountain Lake Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $48M | N/A | N/A | -0.35 |
| GRO | Brazil Potash Corp | $132M | Basic Materials | Other Industrial Metals & Mining | -0.35 |
| COOT | Australian Oilseeds Holdings Ltd | $18M | Consumer Defensive | Packaged Foods | -0.35 |
| NAMI | Jinxin Technology Holding Company | $34M | Communication Services | Internet Content & Information | -0.35 |
| FMFC | Kandal M Venture Ltd - Class A | $6.81M | Consumer Cyclical | Footwear & Accessories | -0.35 |
| EONR | HNR Acquisition Corp | $22M | Energy | Oil & Gas E&p | -0.34 |