19 Stocks and 81 ETFs for diversifying EAD (Allspring Income Opportunities Fund)
The least correlated asset to EAD (Allspring Income Opportunities Fund) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9128.
Stocks that lowly correlated with EAD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.55 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.52 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.51 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.50 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.47 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.45 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.45 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.45 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.44 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.44 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.44 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.43 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.43 |
| NPAC | New Providence Acquisition Corp III - Class A | $397M | Financial Services | Shell Companies | -0.41 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.40 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.39 |
| SAFX | XCF Global Inc | $126M | Utilities | Utilities - Renewable | -0.39 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.38 |
| NAMI | Jinxin Technology Holding Company | $34M | Communication Services | Internet Content & Information | -0.37 |