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35 Stocks and 65 ETFs for diversifying ERH (Allspring Utilities and High Income Fund)

The least correlated asset to ERH (Allspring Utilities and High Income Fund) is company Lionsgate Studios Corp - New (LION). The correlation is -0.833.

Stocks that lowly correlated with ERH

SymbolName
Market cap
SectorIndustry
Correlation
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.83
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.68
RALRalliant Corporation$6.99BN/AN/A-0.66
FTRKFast Track Group.$8.26MCommunication ServicesEntertainment-0.63
ASPCAlpha Capital Acquisition Co - Class A$17MFinancial ServicesShell Companies-0.56
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.55
DTSQUDT Cloud Star Acquisition Corp - Units (1Ord & 1 Rts)$75MFinancial ServicesShell Companies-0.52
ASPCUA SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$19MFinancial ServicesShell Companies-0.52
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.49
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.48
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.48
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.48
OTFBlue Owl Technology Finance Corp$4.94BFinancial ServicesAsset Management-0.48
AKUSAkouos Inc$490MN/AN/A-0.45
BAYABayview Acquisition Corp - Class A$33MFinancial ServicesShell Companies-0.44
CGCTCartesian Growth Corp III - Class A$283MFinancial ServicesShell Companies-0.44
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.44
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.44
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.43
WGRXWellgistics Health Inc$7.55MHealthcarePharmaceutical Retailers-0.43
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.42
HPAIHelport AI Ltd$33MTechnologySoftware - Infrastructure-0.42
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.42
GPCRStructure Therapeutics Inc$2.81BHealthcareBiotechnology-0.42
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.41
AFJKAimei Health Technology Co Ltd$169MFinancial ServicesShell Companies-0.41
TJGCTJGC Group Ltd$101MCommunication ServicesAdvertising Agencies-0.40
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.40
BCGBinah Capital Group Inc$28MFinancial ServicesAsset Management-0.39
GORVLazydays Holdings Inc$1.58MConsumer CyclicalAuto & Truck Dealerships-0.39
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.38
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.38
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.37
BODIThe Beachbody Company Inc Class A$70MCommunication ServicesInternet Content & Information-0.37
NOEMCO2 Energy Transition Corp$72MFinancial ServicesShell Companies-0.36

ETFs that lowly correlated with ERH

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.80
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.79
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.75
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.72
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.68
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.67
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.67
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.66
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.66
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.66
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.65
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.65
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.65
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.64
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.64
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.64
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.63
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.63
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.63
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.63
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.63
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.63
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.63
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.62
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.61
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.60
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.60
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.58
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.58
RBProShares Russell 2000 Dynamic Buffer ETF$1.10M0.58%Jun 24, 2025-0.57
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.56
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.56
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.55
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.54
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.54
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.54
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.53
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.51
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.51
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.48
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.48
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.47
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.47
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.47
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.47
TOAKTWIN OAK SHORT HORIZON ABSOLUTE RETURN ETF $79M0.25%Aug 19, 2024-0.46
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.45
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.44
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.43
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.42
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.42
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.41
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.40
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.40
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.39
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.39
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.38
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.37
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.36