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23 Stocks and 77 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 -0.9102.

Stocks that lowly correlated with EAD

SymbolName
Market cap
SectorIndustry
Correlation
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.63
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.61
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.55
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.52
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.52
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.52
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.50
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.50
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.49
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.48
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.47
OFSSOOFS Capital Corp$341MN/AN/A-0.46
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.45
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.43
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.43
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.43
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.43
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.43
NPACNew Providence Acquisition Corp III - Class A$398MFinancial ServicesShell Companies-0.42
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.41
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.41
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.41
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.40

ETFs that lowly correlated with EAD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.91
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.85
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.84
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.84
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.84
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.84
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.84
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.84
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.84
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.84
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.84
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.83
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.83
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.82
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.82
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.82
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.82
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.82
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.81
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.81
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.81
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.80
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.79
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.77
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.76
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.75
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.73
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.73
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.72
SMNProShares UltraShort Materials$4.10MN/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$40M0.92%Jan 3, 2011-0.71
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.70
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.70
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.69
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.69
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.66
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.66
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.65
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.65
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.64
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.64
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.64
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.64
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.62
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.60
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.58
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.57
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.56
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.55
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.55
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.54
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.53
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.52
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.52
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.52
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.52
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.52
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.52
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.51
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.51
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.51
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.49
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.49
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.49
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.49
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.48
SBILSimplify Government Money Market ETF$5B0.15%Jul 14, 2025-0.47
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.47
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.47
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.47
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.46
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.46
OILDBank of Montreal$53MN/ANov 8, 2021-0.43
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.41
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.40