28 Stocks and 72 ETFs for diversifying GDL (GDL Fund)
The least correlated asset to GDL (GDL Fund) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.7939.
Stocks that lowly correlated with GDL
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.66 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.59 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.58 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.56 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.54 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.54 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.53 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.53 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.52 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.51 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.51 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.47 |
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.47 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.45 |
| DFDV | DeFi Development Corp | $127M | Financial Services | Asset Management | -0.41 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.40 |
| ALMS | Alumis Inc | $2.67B | Healthcare | Biotechnology | -0.40 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.39 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.39 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.39 |
| BOWN | Bowen Acquisition Corp | $21M | Financial Services | Shell Companies | -0.39 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.39 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.37 |
| HMR | Sports Properties Acquisition Corp | $73M | Industrials | Marine Shipping | -0.34 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.34 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.34 |
| ATPC | Agape ATP Corp | $2.85M | Consumer Defensive | Packaged Foods | -0.34 |
| NAMI | Jinxin Technology Holding Company | $34M | Communication Services | Internet Content & Information | -0.33 |