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43 Stocks and 57 ETFs for diversifying DMO (Western Asset Mortgage Opportunity Fund)

The least correlated asset to DMO (Western Asset Mortgage Opportunity Fund) is company Grande Group (GRAN). The correlation is -0.6726.

Stocks that lowly correlated with DMO

SymbolName
Market cap
SectorIndustry
Correlation
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.67
CVCapsoVision Inc$315MHealthcareMedical Devices-0.61
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.59
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.58
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.57
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.56
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.53
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.52
SIShoulder Innovations Inc$452MN/AN/A-0.52
FTRKFast Track Group.$9.53MCommunication ServicesEntertainment-0.52
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.52
INLXIntellinetics Inc$25MTechnologySoftware - Application-0.51
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.50
ALMSAlumis Inc$3.60BHealthcareBiotechnology-0.49
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.48
BAYABayview Acquisition Corp - Class A$33MFinancial ServicesShell Companies-0.45
EQTEQT Corp$31BEnergyOil & Gas E&p-0.45
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.44
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.44
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.42
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.42
PLRZPolyrizon Ltd$21MHealthcareBiotechnology-0.42
MSGYMasonglory Ltd$5.30MIndustrialsEngineering & Construction-0.42
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.41
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.41
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.41
ASPCA SPAC III Acquisition Corp - Class A$17MFinancial ServicesShell Companies-0.40
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.40
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.40
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.40
STAKStak Inc$55MEnergyOil & Gas Equipment & Services-0.40
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.40
AFJKAimei Health Technology Co Ltd$153MFinancial ServicesShell Companies-0.39
ESHAESH Acquisition Corp - Class A$45MFinancial ServicesShell Companies-0.38
HSPTRHorizon Space Acquisition II Corp Right$1MN/AN/A-0.38
ATMCAlphaTime Acquisition Corp$33MFinancial ServicesShell Companies-0.38
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.37
ATMCUAlphaTime Acquisition Corp - Units (1 Ord & 1 War & 1 Right)$32MFinancial ServicesShell Companies-0.37
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.36
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.36
SCAGScage Future$25MIndustrialsFarm & Heavy Construction Machinery-0.36
GPCRStructure Therapeutics Inc$3.53BHealthcareBiotechnology-0.36
BDMDBaird Medical Investment Holdings Ltd .$34MHealthcareMedical Devices-0.35

ETFs that lowly correlated with DMO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.59
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.58
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.58
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.58
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.57
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.57
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.55
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.55
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.54
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.54
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.54
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.52
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.51
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.49
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.49
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.48
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.48
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.48
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.48
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.48
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.48
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.47
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.47
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.47
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.46
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.46
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.46
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.46
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.46
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.46
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.45
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.45
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.45
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.45
SHPUDIREXION DAILY SHOP BULL 2X ETF $15MN/AAug 5, 2025-0.44
RBPROSHARES RUSSELL 2000 DYNAMIC DAILY BUFFER ETF $1.20M0.58%Jun 24, 2025-0.44
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.43
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.42
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.42
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.42
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.41
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.41
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.40
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.40
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.40
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.40
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.40
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.38
WNTRYieldMax Short MSTR Option Income Strategy ETF$81M1.00%Mar 26, 2025-0.38
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.38
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.38
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.38
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.37
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.37