29 Stocks and 71 ETFs for diversifying GDO (Western Asset Global Corporate Defined Opportunity Fund)
The least correlated asset to GDO (Western Asset Global Corporate Defined Opportunity Fund) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8362.
Stocks that lowly correlated with GDO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.66 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.62 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.58 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.57 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.56 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.54 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.52 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.51 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.51 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.47 |
| HMR | Sports Properties Acquisition Corp | $65M | Industrials | Marine Shipping | -0.47 |
| LB | Landbridge Company LLC. - Class A | $5.70B | Energy | Oil & Gas Equipment & Services | -0.47 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.47 |
| RDAG | Republic Digital Acquisition Co. - Class A | $311M | Financial Services | Shell Companies | -0.46 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $180M | Financial Services | Shell Companies | -0.46 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.46 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.46 |
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.46 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.45 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.43 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.43 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.42 |
| IBTA | Ibotta Inc - Class A | $753M | Technology | Software - Application | -0.42 |
| HSPTR | Horizon Space Acquisition II Corp Right | $1M | N/A | N/A | -0.42 |
| TVAIR | Thayer Ventures Acquisition Corporation II Rights | $166K | N/A | N/A | -0.42 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.42 |
| OBA | Oxley Bridge Acquisition Ltd - Class A | $260M | Financial Services | Shell Companies | -0.41 |
| NCI | Neo Concept International Group Holdings Ltd | $48M | Consumer Cyclical | Apparel Manufacturing | -0.41 |
| SMXT | SolarMax Technology Inc | $20M | Technology | Solar | -0.41 |