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20 Stocks and 80 ETFs for diversifying BGX (Blackstone Long-Short Credit Income Fund)

The least correlated asset to BGX (Blackstone Long-Short Credit Income Fund) is ETF SEF (ProShares Short Financials -1x Shares). The correlation is -0.8.

Stocks that lowly correlated with BGX

SymbolName
Market cap
SectorIndustry
Correlation
NCINeo Concept International Group Holdings Ltd$22MConsumer CyclicalApparel Manufacturing-0.60
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.52
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.51
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.51
LCCCRLakeshore Acquisition III Corp$500KN/AN/A-0.50
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.48
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.44
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.40
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.40
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.40
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.39
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.39
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.38
CHPGChampionsGate Acquisition Corp - Class A$77MFinancial ServicesShell Companies-0.38
GIGGUGigCapital7 Corp - Units (1 Ord Class A & 1 War)$2.83BFinancial ServicesShell Companies-0.37
RDAGRepublic Digital Acquisition Co. - Class A$310MFinancial ServicesShell Companies-0.37
WSBKWinchester Bancorp Inc$119MFinancial ServicesBanks - Regional-0.36
DAAQDigital Asset Acquisition Corp - Class A$178MFinancial ServicesShell Companies-0.36
RFAIRF Acquisition Corp II$116MFinancial ServicesShell Companies-0.36
PSIGPS International Group Ltd$21MIndustrialsIntegrated Freight & Logistics-0.36

ETFs that lowly correlated with BGX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.80
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.80
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.78
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.77
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.77
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.76
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.75
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.75
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.75
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.75
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.75
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.74
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.74
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.74
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.74
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.72
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.72
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.72
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.72
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.72
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.72
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.72
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.72
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.71
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.70
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.69
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.69
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.68
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.68
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.68
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.66
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.65
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.63
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.62
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.61
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.61
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.61
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.60
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.60
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.60
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.60
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.59
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.59
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.58
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.57
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.57
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.55
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.55
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.54
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.54
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.53
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.53
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.53
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.52
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.51
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.51
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.50
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.50
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.50
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.50
SETHProShares Short Ether ETF$16M0.95%Nov 1, 2023-0.49
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.49
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.48
OILDBank of Montreal$19MN/ANov 8, 2021-0.47
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.47
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.46
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.45
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.44
ETHDProShares UltraShort Ether ETF$84MN/AJun 6, 2024-0.44
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.43
XOMXDirexion Daily XOM Bull 2X Shares$7.90MN/AApr 22, 2025-0.43
FNGDBank of Montreal$68MN/AJan 22, 2018-0.41
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.40
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $42M1.02%Sep 6, 2022-0.38
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $26MN/AJul 9, 2024-0.37
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.36
SBITProShares UltraShort Bitcoin ETF$183MN/AApr 1, 2024-0.36
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.36