26 Stocks and 74 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 -0.835.
Stocks that lowly correlated with GDO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.64 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.58 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.57 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.52 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.52 |
| HMR | Sports Properties Acquisition Corp | $73M | Industrials | Marine Shipping | -0.52 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.51 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.51 |
| LB | Landbridge Company LLC. - Class A | $5.70B | Energy | Oil & Gas Equipment & Services | -0.48 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.48 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.47 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.45 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $178M | Financial Services | Shell Companies | -0.45 |
| RDAG | Republic Digital Acquisition Co. - Class A | $310M | Financial Services | Shell Companies | -0.44 |
| CSAI | Cloudastructure Inc - Class A | $8.98M | Technology | Software - Infrastructure | -0.44 |
| SMXT | SolarMax Technology Inc | $31M | Technology | Solar | -0.43 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.43 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.43 |
| IBTA | Ibotta Inc - Class A | $819M | Technology | Software - Application | -0.42 |
| NCI | Neo Concept International Group Holdings Ltd | $22M | Consumer Cyclical | Apparel Manufacturing | -0.41 |
| HSPTR | Horizon Space Acquisition II Corp Right | $763K | N/A | N/A | -0.41 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.39 |
| DEC | N/A | $1.05B | Energy | Oil & Gas Integrated | -0.38 |
| TPET | Trio Petroleum Corp | $3.76M | Energy | Oil & Gas E&p | -0.38 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.38 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.38 |