Overview Performance Dividends Correlations

19 Stocks and 81 ETFs for diversifying BDJ (BlackRock Enhanced Equity Dividend Trust)

The least correlated asset to BDJ (BlackRock Enhanced Equity Dividend Trust) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.9053.

Stocks that lowly correlated with BDJ

Symbol	Name	Market cap	Sector	Industry	Correlation
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$20M	Financial Services	Shell Companies	-0.77
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.67
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.65
PROP	Prairie Operating Co. Common Stock	$81M	Energy	Oil & Gas E&p	-0.58
CRCL	Circle Internet Group Inc - Class A	$25B	Financial Services	Capital Markets	-0.55
MOBX	Mobix Labs Inc - Class A	$20M	Technology	Semiconductors	-0.54
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.54
SAFX	XCF Global Inc	$126M	Utilities	Utilities - Renewable	-0.53
FLAC	Frazier Lifesciences Acquisition Corp - Class A	$175M	N/A	N/A	-0.50
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	-0.49
BMGL	Basel Medical Group Ltd	$11M	Healthcare	Medical Care Facilities	-0.48
STAK	Stak Inc	$17M	Energy	Oil & Gas Equipment & Services	-0.47
STRZ	Starz Entertainment Corp	$380M	Communication Services	Entertainment	-0.45
VCKAU	Scilex Holding Company - Units (1 Ord & 1/2 War)	$37M	N/A	N/A	-0.42
APUS	Apimeds Pharmaceuticals US Inc	$1.82M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.41
SHLT	SHL Telemedicine Ltd ADR	$39M	Healthcare	Health Information Services	-0.41
ANNA	AleAnna Inc - Class A	$122M	Energy	Oil & Gas E&p	-0.40
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.40
YSXT	Ysx Tech Co.Ltd - Class A	$24M	Industrials	Specialty Business Services	-0.39

ETFs that lowly correlated with BDJ

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.91
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.89
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.89
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.89
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.88
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.88
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.88
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.87
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.87
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.86
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.86
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.86
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.85
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.85
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.85
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.85
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.83
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.83
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.82
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.81
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.81
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.81
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.81
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.79
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.78
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.78
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.78
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.78
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.75
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.74
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.73
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.73
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.71
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.71
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.70
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.69
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.69
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.68
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.68
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.67
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.67
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.66
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.64
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.64
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.63
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.62
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.61
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.61
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.61
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.60
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.59
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.59
OILD	Bank of Montreal	$19M	N/A	Nov 8, 2021	-0.58
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.57
GGOV	iShares Global Government Bond USD Hedged Active	$44M	0.39%	Jun 25, 2025	-0.56
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.54
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.54
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.52
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.50
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$75M	N/A	Aug 21, 2023	-0.49
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.49
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.49
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.49
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.49
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.48
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.48
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3M	N/A	Jun 16, 2009	-0.47
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.47
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.46
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.45
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.44
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.44
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.43
SDP	ProShares UltraShort Utilities -2x Shares	$4.60M	N/A	Jan 30, 2007	-0.43
YXI	ProShares Short FTSE China 50 -1x Shares	$4.30M	0.95%	Mar 16, 2010	-0.41
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.41
FXP	ProShares UltraShort FTSE China 50 -2x Shares	$5.60M	N/A	Nov 6, 2007	-0.41
WZRD	Opportunistic Trader ETF	$3.90M	1.00%	Jun 24, 2025	-0.41
RSBY	RETURN STACKED(R) BONDS & FUTURES YIELD ETF	$78M	1.01%	Aug 20, 2024	-0.40
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$396M	0.51%	Dec 18, 2013	-0.40
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$210M	0.50%	May 10, 2021	-0.39