Overview Performance Dividends Correlations

2 Stock and 98 ETF HIO (Western Asset High Income Opportunity Fund) alternatives

The most close HIO (Western Asset High Income Opportunity Fund) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.9555.

Stocks that highly correlated with HIO

Symbol	Name	Market cap	Sector	Industry	Correlation
GUG	Guggenheim Active Allocation Fund	$536M	Financial Services	Asset Management	0.87
NPCT	Nuveen Core Plus Impact Fund	$283M	Financial Services	Asset Management	0.86

ETFs that highly correlated with HIO

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.96
EAD	Allspring Income Opportunities Fund	$426M	N/A	N/A	0.92
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$831M	2.71%	Feb 19, 2010	0.92
YYY	AMPLIFY CEF HIGH INCOME ETF	$721M	3.23%	Jun 12, 2012	0.91
HYT	BlackRock Corporate High Yield Fund Inc	$1.80B	N/A	N/A	0.91
ISD	PGIM High Yield Bond Fund Inc	$457M	N/A	N/A	0.91
HYDB	ISHARES HIGH YIELD SYSTEMATIC BOND ETF	$1.60B	0.35%	Jul 11, 2017	0.91
HYI	Western Asset High Yield Defined Opportunity Fund Inc	$148M	N/A	N/A	0.91
JNK	STATE STREET(R) SPDR(R) BLOOMBERG HIGH YIELD BOND ETF	$7.30B	0.40%	Nov 28, 2007	0.91
BLW	BlackRock Ltd Duration Income Trust	$518M	N/A	N/A	0.91
HYG	ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	$18B	0.49%	Apr 4, 2007	0.91
USHY	ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	$29B	0.08%	Oct 25, 2017	0.91
BBHY	JPMORGAN BETABUILDERS USD HIGH YIELD CORPORATE BOND ETF	$611M	0.07%	Sep 15, 2016	0.91
FDHY	FIDELITY ENHANCED HIGH YIELD ETF	$536M	0.35%	Jun 12, 2018	0.90
NUHY	NUVEEN ESG HIGH YIELD CORPORATE BOND ETF	$108M	0.30%	Sep 25, 2019	0.90
FLHY	FRANKLIN HIGH YIELD CORPORATE ETF	$1.20B	0.40%	May 30, 2018	0.90
FPF	First Trust Intermediate Duration Preferred & Income Fund	$1.20B	N/A	N/A	0.90
HYLB	XTRACKERS USD HIGH YIELD CORPORATE BOND ETF	$3.50B	0.05%	Dec 6, 2016	0.90
GHYB	GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF	$132M	0.15%	Sep 5, 2017	0.90
FALN	ISHARES FALLEN ANGELS USD BOND ETF	$1.60B	0.25%	Jun 14, 2016	0.90
PHYL	PGIM ACTIVE HIGH YIELD BOND ETF	$1.30B	0.39%	Sep 24, 2018	0.90
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$79M	3.69%	Sep 27, 2016	0.90
BSJR	INVESCO BULLETSHARES 2027 HIGH YIELD CORPORATE BOND ETF	$854M	0.42%	Sep 12, 2019	0.90
IFLN	Invesco Fundamental High Yield Corporate Bond ETF	$320M	0.23%	Nov 15, 2007	0.90
SHYG	ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	$7.60B	0.30%	Oct 15, 2013	0.90
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.90
SJNK	STATE STREET(R) SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF	$4.90B	0.40%	Mar 14, 2012	0.90
HYUP	XTRACKERS HIGH BETA HIGH YIELD BOND ETF	$46M	0.20%	Jan 11, 2018	0.90
SPHY	STATE STREET(R) SPDR(R) PORTFOLIO HIGH YIELD BOND ETF	$11B	0.05%	Jun 18, 2012	0.90
SHYL	XTRACKERS SHORT DURATION HIGH YIELD BOND ETF	$266M	0.20%	Jan 9, 2018	0.90
GHY	PGIM Global High Yield Fund Inc	$531M	N/A	N/A	0.89
VLT	Invesco High Income Trust II	$71M	N/A	N/A	0.89
EVV	Eaton Vance Ltd Duration Income Fund	$1.20B	N/A	N/A	0.89
FXED	SOUND ENHANCED FIXED INCOME ETF	$40M	1.89%	Dec 30, 2020	0.89
PFLD	AAM LOW DURATION PREFERRED AND INCOME SECURITIES ETF	$420M	0.45%	Nov 19, 2019	0.89
JGH	Nuveen Global High Income Fund	$386M	N/A	N/A	0.89
ANGL	VANECK FALLEN ANGEL HIGH YIELD BOND ETF	$3.10B	0.25%	Apr 10, 2012	0.89
PREF	PRINCIPAL SPECTRUM PREFERRED SECURITIES ACTIVE ETF	$1.80B	0.55%	Jul 10, 2017	0.89
HYXF	ISHARES ESG ADVANCED HIGH YIELD CORPORATE BOND ETF	$205M	0.35%	Jun 14, 2016	0.89
DHF	BNY Mellon High Yield Strategies Fund	$197M	N/A	N/A	0.89
EHI	Western Asset Global High Income Fund Inc	$197M	N/A	N/A	0.88
HYS	PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	$1.70B	0.56%	Jun 16, 2011	0.88
AWF	AllianceBernstein Global High Income Fund Inc	$980M	N/A	N/A	0.88
GHYG	ISHARES US & INTL HIGH YIELD CORP BOND ETF	$199M	0.40%	Apr 3, 2012	0.88
JPC	Nuveen Preferred & Income Opportunities Fund	$2.90B	N/A	N/A	0.88
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$942M	0.43%	Aug 9, 2018	0.88
BTZ	BlackRock Credit Allocation Income Trust	$1B	N/A	N/A	0.88
PFF	ISHARES PREFERRED AND INCOME SECURITIES ETF	$13B	0.45%	Mar 26, 2007	0.88
UJB	PROSHARES ULTRA HIGH YIELD	$19M	N/A	Apr 13, 2011	0.88
DSU	BlackRock Debt Strategies Fund Inc	$598M	N/A	N/A	0.88
QHY	WISDOMTREE U.S. HIGH YIELD CORPORATE BOND FUND	$238M	0.38%	Apr 27, 2016	0.88
FPE	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	$6.30B	0.83%	Feb 11, 2013	0.88
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$573M	0.39%	Jul 8, 2015	0.88
LDP	Cohen & Steers Ltd Duration Preferred and Income Fund Inc	$651M	N/A	N/A	0.87
JHI	John Hancock Investors Trust	$126M	N/A	N/A	0.87
HYLS	FIRST TRUST TACTICAL HIGH YIELD ETF	$1.60B	0.69%	Feb 25, 2013	0.87
HIX	Western Asset High Income Fund II Inc	$371M	N/A	N/A	0.87
MMT	MFS Multimarket Income Trust	$567M	N/A	N/A	0.87
PFFR	INFRACAP REIT PREFERRED ETF	$115M	0.45%	Feb 7, 2017	0.87
VRP	INVESCO VARIABLE RATE PREFERRED ETF	$3B	0.50%	May 1, 2014	0.87
PFFL	ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25 2048	$4.50M	N/A	Sep 26, 2018	0.87
ERC	Allspring Multi-Sector Income Fund	$276M	N/A	N/A	0.87
BIT	BlackRock Multi-Sector Income Trust	$759M	N/A	N/A	0.87
DFP	Flaherty & Crumrine Dynamic Preferred and Income Fund Inc	$461M	N/A	N/A	0.87
SIHY	HARBOR SCIENTIFIC ALPHA HIGH-YIELD ETF	$141M	0.48%	Sep 14, 2021	0.87
GTOQ	INVESCO HIGH YIELD SYSTEMATIC BOND ETF	$185M	0.39%	Dec 2, 2020	0.87
FLC	Flaherty & Crumrine Total Return Fund Inc	$195M	N/A	N/A	0.87
CEFS	SABA CLOSED-END FUNDS ETF	$427M	2.61%	Mar 20, 2017	0.87
FPEI	FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF	$1.90B	0.85%	Aug 22, 2017	0.87
PFFD	GLOBAL X U.S. PREFERRED ETF	$2.20B	0.23%	Sep 11, 2017	0.87
FOF	Cohen & Steers Closed-End Opportunity Fund Inc	$380M	N/A	N/A	0.87
HYDW	XTRACKERS LOW BETA HIGH YIELD BOND ETF	$66M	0.20%	Jan 11, 2018	0.87
AOR	ISHARES CORE 60/40 BALANCED ALLOCATION ETF	$3.70B	0.15%	Nov 4, 2008	0.86
PFEB	Innovator U.S. Equity Power Buffer ETF - February	$919M	0.79%	Jan 31, 2020	0.86
AOM	ISHARES CORE 40/60 MODERATE ALLOCATION ETF	$1.80B	0.15%	Nov 4, 2008	0.86
HNDL	STRATEGY SHARES NASDAQ 7 HANDL(TM) INDEX ETF	$641M	0.95%	Jan 16, 2018	0.86
GSEW	GOLDMAN SACHS EQUAL WEIGHT U.S. LARGE CAP EQUITY ETF	$1.80B	0.09%	Sep 12, 2017	0.86
MOTG	VANECK MORNINGSTAR GLOBAL WIDE MOAT ETF	$17M	0.52%	Oct 30, 2018	0.86
IYRI	NEOS REAL ESTATE HIGH INCOME ETF	$285M	0.68%	Jan 14, 2025	0.86
INKM	STATE STREET(R)INCOME ALLOCATION ETF	$72M	0.50%	Apr 25, 2012	0.86
NFLT	VIRTUS NEWFLEET MULTI-SECTOR BOND ETF	$439M	0.50%	Aug 10, 2015	0.86
GDV	Gabelli Dividend & Income Trust	$2.90B	N/A	N/A	0.86
PFXF	VANECK PREFERRED SECURITIES EX FINANCIALS ETF	$2.60B	0.40%	Jul 16, 2012	0.86
QWLD	STATE STREET(R) SPDR(R) MSCI WORLD STRATEGICFACTORS(SM) ETF	$171M	0.30%	Jun 4, 2014	0.86
FNOV	FT VEST U.S. EQUITY BUFFER ETF - NOVEMBER	$1.20B	0.85%	Nov 15, 2019	0.86
JMM	Nuveen Multi-Market Income Fund	$62M	N/A	N/A	0.86
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$126M	0.50%	Apr 3, 2012	0.86
RNP	Cohen & Steers REIT & Preferred Income Fund Inc	$1.10B	N/A	N/A	0.86
BSJT	Invesco BulletShares 2029 High Yield Corporate Bond ETF	$540M	0.42%	Sep 15, 2021	0.86
BFEB	Innovator U.S. Equity Buffer ETF - February	$253M	0.79%	Jan 31, 2020	0.86
VEGA	ADVISORSHARES STAR GLOBAL BUY-WRITE ETF	$89M	1.25%	Sep 17, 2012	0.86
GAL	STATE STREET(R) GLOBAL ALLOCATION ETF	$303M	0.35%	Apr 25, 2012	0.85
FFEB	FT VEST U.S. EQUITY BUFFER ETF - FEBRUARY	$1.40B	0.85%	Feb 21, 2020	0.85
BAUG	Innovator U.S. Equity Buffer ETF - August	$196M	0.79%	Jul 31, 2019	0.85
EMD	Western Asset Emerging Markets Debt Fund Inc	$648M	N/A	N/A	0.85
AHYB	AMERICAN CENTURY SELECT HIGH YIELD ETF	$60M	0.45%	Nov 16, 2021	0.85
TPLC	TIMOTHY PLAN US LARGE/MID CAP CORE ETF	$304M	0.52%	Apr 30, 2019	0.85
FFC	Flaherty & Crumrine Preferred and Income Securities Fund Inc	$836M	N/A	N/A	0.85