Skip to main content

Want a detailed portfolio tracker?

14 Stocks and 86 ETFs for diversifying EOI (Eaton Vance Enhanced Equity Income Fund)

The least correlated asset to EOI (Eaton Vance Enhanced Equity Income Fund) is ETF SPDN (DIREXION DAILY S&P 500 (R) BEAR 1X SHARES). The correlation is -0.8995.

Stocks that lowly correlated with EOI

SymbolName
Market cap
SectorIndustry
Correlation
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.66
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.65
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.63
OFSSOOFS Capital Corp$341MN/AN/A-0.54
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.54
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.53
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.52
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.46
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.44
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.43
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.43
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.42
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.41
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.41

ETFs that lowly correlated with EOI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.90
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.90
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.90
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.87
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.86
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.85
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.84
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.84
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.84
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.83
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.83
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.83
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.83
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.82
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.82
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.82
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.80
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.80
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.78
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.78
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.77
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, 2017-0.77
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.75
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.75
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.75
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.74
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.74
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.74
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.73
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.72
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.72
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.72
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.70
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.70
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.69
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.69
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.69
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.69
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.69
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.69
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.69
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.68
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.68
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.68
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.68
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.67
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.67
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.66
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.66
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.66
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.65
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.63
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.62
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.60
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.60
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.57
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.57
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.57
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.57
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.56
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.55
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.54
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.54
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.53
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.52
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.52
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.51
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.51
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.49
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.49
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETF $30MN/AJul 9, 2024-0.49
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.49
SBITProShares UltraShort Bitcoin ETF$219MN/AApr 1, 2024-0.48
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.48
OILDBank of Montreal$53MN/ANov 8, 2021-0.47
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.47
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.46
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.43
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.43
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.43
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.43
CONIGRANITESHARES 2X SHORT COIN DAILY ETF $16MN/ASep 4, 2024-0.42
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.42