21 Stocks and 79 ETFs for diversifying BIT (BlackRock Multi-Sector Income Trust)
The least correlated asset to BIT (BlackRock Multi-Sector Income Trust) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8568.
Stocks that lowly correlated with BIT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.65 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.52 |
| PROP | Prairie Operating Co. Common Stock | $72M | Energy | Oil & Gas E&p | -0.52 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.49 |
| AII | American Integrity Insurance Group Inc | $333M | Financial Services | Insurance - Property & Casualty | -0.48 |
| LGPS | LogProstyle Inc | $19M | Industrials | Conglomerates | -0.47 |
| NAMI | Jinxin Technology Holding Company | $34M | Communication Services | Internet Content & Information | -0.47 |
| LHAI | Linkhome Holdings Inc | $13M | Real Estate | Real Estate Services | -0.46 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.45 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.45 |
| HBNB | Hotel101 Global Holdings Corp | $1.23B | Real Estate | Real Estate Services | -0.45 |
| INACR | Indigo Acquisition Corp Right | $455K | N/A | N/A | -0.45 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $51M | Financial Services | Shell Companies | -0.44 |
| PTNM | Pitanium Ltd - Class A | $225M | Consumer Defensive | Household & Personal Products | -0.44 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.44 |
| TVAIR | Thayer Ventures Acquisition Corporation II Rights | $184K | N/A | N/A | -0.43 |
| GRO | Brazil Potash Corp | $113M | Basic Materials | Other Industrial Metals & Mining | -0.43 |
| LAWR | Robot Consulting Co. Ltd | $158M | Industrials | Consulting Services | -0.43 |
| ENGS | Energys Group Ltd | $12M | Industrials | Waste Management | -0.41 |
| SAFX | XCF Global Inc | $110M | Utilities | Utilities - Renewable | -0.41 |
| OMDA | Omada Health Inc | $1.01B | Healthcare | Health Information Services | -0.41 |