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20 Stocks and 80 ETFs for diversifying BTZ (BlackRock Credit Allocation Income Trust)

The least correlated asset to BTZ (BlackRock Credit Allocation Income Trust) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8672.

Stocks that lowly correlated with BTZ

SymbolName
Market cap
SectorIndustry
Correlation
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.70
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.64
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.53
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.52
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.51
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.50
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.47
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.47
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.44
MOBXMobix Labs Inc - Class A$20MTechnologySemiconductors-0.42
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.42
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.42
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.41
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.41
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.40
SMXTSolarMax Technology Inc$31MTechnologySolar-0.39
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.39
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.37
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.37
NCINeo Concept International Group Holdings Ltd$22MConsumer CyclicalApparel Manufacturing-0.37

ETFs that lowly correlated with BTZ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.87
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.82
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.81
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.79
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.78
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.78
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.78
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.78
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.77
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.75
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.75
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.75
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.74
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.74
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.74
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.73
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.72
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.72
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.72
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.72
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.71
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.71
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.70
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.69
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.69
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.69
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.68
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.68
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.68
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.68
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.64
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.64
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.64
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.64
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.64
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.63
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.62
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.62
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.62
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.62
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.61
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.61
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.61
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.60
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.60
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.60
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.59
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.58
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.58
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.58
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.58
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.57
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.56
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.52
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.51
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.51
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.50
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.50
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.49
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.49
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.49
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.47
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.46
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.45
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.44
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.44
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.43
DCMTDOUBLELINE COMMODITY STRATEGY ETF $39M0.66%Jan 31, 2024-0.43
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.41
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.41
FNGDBank of Montreal$68MN/AJan 22, 2018-0.40
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.40
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.39
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.39
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.39
USOYDEFIANCE OIL ENHANCED OPTIONS INCOME ETF $76M1.12%May 9, 2024-0.38
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.38
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.37
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.37
AHLTAMERICAN BEACON AHL TREND ETF $50M0.95%Aug 30, 2023-0.36