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
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.70 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.64 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.53 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.52 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.51 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.50 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.47 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.47 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.44 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.42 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.42 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.42 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.41 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.41 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.40 |
| SMXT | SolarMax Technology Inc | $31M | Technology | Solar | -0.39 |
| GIBO | GIBO Holdings Ltd | $42M | Communication Services | Internet Content & Information | -0.39 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.37 |
| NAMI | Jinxin Technology Holding Company | $34M | Communication Services | Internet Content & Information | -0.37 |
| NCI | Neo Concept International Group Holdings Ltd | $22M | Consumer Cyclical | Apparel Manufacturing | -0.37 |