42 Stocks and 58 ETFs for diversifying HFRO (Highland Opportunities and Income Fund)
The least correlated asset to HFRO (Highland Opportunities and Income Fund) is company Slide Insurance (SLDE). The correlation is -0.7531.
Stocks that lowly correlated with HFRO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.75 |
| JMACU | Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War) | $150M | N/A | N/A | -0.64 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.55 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.54 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.52 |
| SCAQU | Stratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War) | $286M | N/A | N/A | -0.50 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.50 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.46 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.45 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $178M | Financial Services | Shell Companies | -0.45 |
| TOACU | Talon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $143M | N/A | N/A | -0.43 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.43 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.42 |
| TWFG | TWFG Inc - Class A | $275M | Financial Services | Insurance Brokers | -0.41 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.41 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.40 |
| BOW | Bowhead Specialty Holdings Inc | $886M | Financial Services | Insurance - Property & Casualty | -0.40 |
| CEPO | Cantor Equity Partners I Inc - Class A | $270M | Financial Services | Shell Companies | -0.40 |
| GLE | Global Engine Group Holding Ltd | $8.01M | Technology | Information Technology Services | -0.38 |
| TRON | Corner Growth Acquisition Corp 2 - Class A | $996M | Consumer Cyclical | Leisure | -0.38 |
| BYAH | Park Ha Biological Technology Co Ltd | $917K | Consumer Defensive | Household & Personal Products | -0.38 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.09M | Technology | Information Technology Services | -0.38 |
| GIBO | GIBO Holdings Ltd | $42M | Communication Services | Internet Content & Information | -0.38 |
| VCKAU | Scilex Holding Company - Units (1 Ord & 1/2 War) | $37M | N/A | N/A | -0.38 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.38 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.37 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.37 |
| ETOR | Etoro Group Ltd - Class A | $3.64B | Financial Services | Capital Markets | -0.37 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.37 |
| ADOCR | Australian Oilseeds Holdings Ltd | $985K | N/A | N/A | -0.37 |
| LB | Landbridge Company LLC. - Class A | $5.70B | Energy | Oil & Gas Equipment & Services | -0.36 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.36 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.36 |
| NLOP | Net Lease Office Properties | $178M | Real Estate | Reit - Office | -0.36 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.35 |
| ARTEU | Artemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War) | $263M | N/A | N/A | -0.35 |
| GORV | Lazydays Holdings Inc | $1.58M | Consumer Cyclical | Auto & Truck Dealerships | -0.35 |
| TLX | Telix Pharmaceuticals Ltd | $3.30B | Healthcare | Biotechnology | -0.35 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.34 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.34 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.34 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.34 |