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39 Stocks and 61 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 -0.8384.

Stocks that lowly correlated with ERH

SymbolName
Market cap
SectorIndustry
Correlation
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.84
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.75
RALRALSTON PURINA CO$7.56BTechnologyElectronic Components-0.68
FTRKFast Track Group.$9.53MCommunication ServicesEntertainment-0.63
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.62
GRANGrande Group Ltd - Class A$35MFinancial ServicesCapital Markets-0.61
CVCapsoVision Inc$315MHealthcareMedical Devices-0.59
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.57
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.56
SIShoulder Innovations Inc$452MN/AN/A-0.56
TVAIThayer Ventures Acquisition Corporation II$208MFinancial ServicesShell Companies-0.55
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.55
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.54
MSGYMasonglory Ltd$5.30MIndustrialsEngineering & Construction-0.53
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.52
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.51
ASPCA SPAC III Acquisition Corp - Class A$17MFinancial ServicesShell Companies-0.50
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.49
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.49
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.48
ASPCUA SPAC III Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$15MFinancial ServicesShell Companies-0.48
WETOWetour Robotics Ltd$11MTechnologySoftware - Infrastructure-0.47
AEBIAebi Schmidt Holding AG$971MIndustrialsFarm & Heavy Construction Machinery-0.47
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.46
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.46
AKUSAkouos Inc$490MN/AN/A-0.45
DTSQUDT Cloud Star Acquisition Corp - Units (1Ord & 1 Rts)$75MFinancial ServicesShell Companies-0.45
TLIHTen League International Holdings Ltd$17MIndustrialsIndustrial Distribution-0.45
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.44
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.44
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.43
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.43
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.42
BSAABEST SPAC I Acquisition Corp - Class A$63MFinancial ServicesShell Companies-0.41
BAYABayview Acquisition Corp - Class A$33MFinancial ServicesShell Companies-0.41
GPCRStructure Therapeutics Inc$3.53BHealthcareBiotechnology-0.40
VOYGVoyager Technologies Inc - Class A$1.55BIndustrialsAerospace & Defense-0.40
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.40
SRTAStrata Critical Medical Inc Cl A Com$462MHealthcareMedical Care Facilities-0.40

ETFs that lowly correlated with ERH

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.80
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.78
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.75
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.75
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.71
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.67
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.67
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.66
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.66
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.66
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.66
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.66
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.65
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.64
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.64
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.63
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.63
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.63
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.63
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.63
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.63
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.62
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.62
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.62
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.59
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.58
CLCVCrossmark Large Cap Value ETF$17M0.50%Jul 22, 2025-0.58
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.58
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.58
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.56
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.54
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.54
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.54
AALGLEVERAGE SHARES 2X LONG AAL DAILY ETF $5.30MN/AJul 10, 2025-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.52
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.51
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.51
RBPROSHARES RUSSELL 2000 DYNAMIC DAILY BUFFER ETF $1.20M0.58%Jun 24, 2025-0.50
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.50
MUNANORTHERN TRUST 2030 TAX-EXEMPT DISTRIBUTING LADDER ETF $9M0.18%Aug 18, 2025-0.48
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.48
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.48
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.47
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.43
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.43
TAXSNORTHERN TRUST SHORT-TERM TAX-EXEMPT BOND ETF $118M0.05%Aug 18, 2025-0.43
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.42
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.42
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.41
ASCEALLSPRING SMID CORE ETF $118M0.38%Jul 7, 2025-0.41