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High CorrelationLow Correlation

24 Stocks and 76 ETFs for diversifying ACP (abrdn Income Credit Strategies Fund)

The least correlated asset to ACP (abrdn Income Credit Strategies Fund) is ETF DWSH (ADVISORSHARES DORSEY WRIGHT SHORT ETF). The correlation is -0.7394.

Stocks that lowly correlated with ACP

SymbolName
Market cap
SectorIndustry
Correlation
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.65
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.64
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.57
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.55
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.52
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.49
OFSSOOFS Capital Corp$341MN/AN/A-0.48
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.44
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.44
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.44
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.43
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.43
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.42
PLMKUPlum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr)$213MFinancial ServicesShell Companies-0.42
AIIAmerican Integrity Insurance Group Inc$358MFinancial ServicesInsurance - Property & Casualty-0.42
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.42
AKUSAkouos Inc$490MN/AN/A-0.40
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.39
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.39
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.38
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.38
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.38
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.38
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.38

ETFs that lowly correlated with ACP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.74
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.74
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.74
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.73
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.73
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.73
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.73
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.72
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.72
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.72
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.71
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.71
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.71
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.70
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.70
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.70
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.70
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.70
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.70
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.69
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.68
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.67
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.66
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.66
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.66
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.65
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.64
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.63
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.62
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.62
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.62
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.61
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.61
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.60
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.60
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.60
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.58
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.57
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.56
NOWLGRANITESHARES 2X LONG NOW DAILY ETF $286MN/AJul 14, 2025-0.56
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.55
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.55
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.54
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.54
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.52
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.52
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.52
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.50
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.50
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.50
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.48
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.47
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.47
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.46
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.46
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.46
OILDBank of Montreal$53MN/ANov 8, 2021-0.45
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.45
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.45
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.45
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.44
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.44
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.44
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.43
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.43
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.43
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.43
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.43
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.43
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.42
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.40
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.39