Skip to main content

Want a detailed portfolio tracker?

18 Stocks and 82 ETFs for diversifying BGX (Blackstone Long-Short Credit Income Fund)

The least correlated asset to BGX (Blackstone Long-Short Credit Income Fund) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8008.

Stocks that lowly correlated with BGX

SymbolName
Market cap
SectorIndustry
Correlation
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.78
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.70
ALMAlma Metals Limited$3.90BBasic MaterialsOther Industrial Metals & Mining-0.64
OFSSOOFS Capital Corp$341MN/AN/A-0.61
NCINeo Concept International Group Holdings Ltd$48MConsumer CyclicalApparel Manufacturing-0.60
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.59
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.51
HONDHCM II Acquisition Corp. Class A Ordinary Shares$519MFinancial ServicesShell Companies-0.51
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.51
INACUIndigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.49
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.48
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.47
BUUUBUUU Group Ltd - Class A$293MIndustrialsSpecialty Business Services-0.47
HCMAUHCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)$77MFinancial ServicesShell Companies-0.46
CCIICohen Circle Acquisition Corp II - Class A$269MFinancial ServicesShell Companies-0.45
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.45
NPACNew Providence Acquisition Corp III - Class A$398MFinancial ServicesShell Companies-0.42
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.42

ETFs that lowly correlated with BGX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.80
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.80
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.78
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.77
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.76
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.75
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.75
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.75
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.74
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.74
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.74
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.74
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.74
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.74
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.72
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.72
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.72
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.72
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.72
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.72
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.72
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.72
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.71
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.71
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.70
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.70
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.69
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.69
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.68
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.68
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.67
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.67
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.66
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.65
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.63
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.62
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.62
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.61
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.61
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.60
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.60
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.60
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.59
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.59
XLUISTATE STREET(R) UTILITIES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $22M0.35%Jul 29, 2025-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.58
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.58
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.57
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.56
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.56
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.56
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.55
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.55
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.54
HECAHEDGEYE CAPITAL ALLOCATION ETF $312M1.30%Jun 30, 2025-0.54
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.54
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.53
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.53
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.53
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.53
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.53
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.53
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.52
BILTiShares Infrastructure Active ETF$32M0.60%Jul 29, 2025-0.51
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.51
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.51
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.50
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.50
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.50
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.49
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.48
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.48
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.48
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.48
OILDBank of Montreal$53MN/ANov 8, 2021-0.47
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.47
RIFRRUSSELL INVESTMENTS GLOBAL INFRASTRUCTURE ETF $43M0.59%May 13, 2025-0.45
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.43
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.43