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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

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.55
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.52
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.51
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.50
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.47
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.45
HBNBHotel101 Global Holdings Corp$1.36BReal EstateReal Estate Services-0.45
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.45
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.44
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.44
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.44
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.43
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.43
NPACNew Providence Acquisition Corp III - Class A$397MFinancial ServicesShell Companies-0.41
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.40
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.39
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.39
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.38
NAMIJinxin Technology Holding Company$34MCommunication ServicesInternet Content & Information-0.37

ETFs that lowly correlated with EAD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.91
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.85
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.84
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.84
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.84
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.84
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.84
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.84
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.84
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.83
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.83
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.83
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.83
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.83
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.82
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.82
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.82
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.82
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.82
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.81
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.81
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.80
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.79
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.77
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.76
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.76
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.73
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.73
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.73
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.72
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.72
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.71
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.71
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.70
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.69
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.69
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.68
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.67
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.65
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.65
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.65
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.64
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.64
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.64
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.64
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.63
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.60
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.57
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.57
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.56
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.55
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.54
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.54
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.53
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.53
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.52
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.52
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.52
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.51
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.51
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.50
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.50
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.50
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.50
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.50
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.48
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.46
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.46
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.46
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.45
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.45
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.43
OILDBank of Montreal$19MN/ANov 8, 2021-0.43
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.42
FNGDBank of Montreal$68MN/AJan 22, 2018-0.42
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.40
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.39
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.38
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.38
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.37
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.37