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13 Stocks and 87 ETFs for diversifying BOE (BlackRock Enhanced Global Dividend Trust)

The least correlated asset to BOE (BlackRock Enhanced Global Dividend Trust) is ETF EFZ (ProShares Short MSCI EAFE -1X Shares). The correlation is -0.9195.

Stocks that lowly correlated with BOE

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.72
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.64
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.63
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.60
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.51
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.49
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.47
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.47
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.46
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.45
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.42
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.41
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.41

ETFs that lowly correlated with BOE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.92
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.92
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.92
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.87
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.87
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.87
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.87
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.87
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.85
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.85
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.85
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.85
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.85
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.85
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.84
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.84
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.83
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.82
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.81
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.81
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.81
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.80
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.80
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.78
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.78
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.77
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.77
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.77
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.76
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.76
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.76
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.75
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.75
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.75
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.74
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.73
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.73
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.71
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.71
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.71
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.70
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.70
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.70
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.69
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.66
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.66
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.64
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.63
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.63
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.62
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.61
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.61
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.61
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.61
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.58
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.58
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.57
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.56
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.56
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.56
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.56
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.56
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.55
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.54
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.54
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.54
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.53
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.52
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.52
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.51
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.50
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.49
FXPProShares UltraShort FTSE China 50 -2x Shares$5.60MN/ANov 6, 2007-0.49
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.48
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.48
FNGDBank of Montreal$68MN/AJan 22, 2018-0.47
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.46
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.46
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.46
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.45
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.45
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $110MN/ADec 3, 2009-0.44
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.44
OILDBank of Montreal$19MN/ANov 8, 2021-0.42
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.42
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.42
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.41