8 Stocks and 92 ETFs for diversifying CEFS (SABA CLOSED-END FUNDS ETF)
The least correlated asset to CEFS (SABA CLOSED-END FUNDS ETF) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.863.
Stocks that lowly correlated with CEFS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.56 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.52 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.52 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.48 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.48 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.45 |
| AII | American Integrity Insurance Group Inc | $358M | Financial Services | Insurance - Property & Casualty | -0.39 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.38 |