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 0.9584.

Stocks that highly correlated with HIO

Symbol	Name	Market cap	Sector	Industry	Correlation
GUG	Guggenheim Active Allocation Fund	$532M	Financial Services	Asset Management	0.87
NPCT	Nuveen Core Plus Impact Fund	$288M	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	$39M	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	$836M	2.71%	Feb 19, 2010	0.92
HYT	BlackRock Corporate High Yield Fund Inc	$1.80B	N/A	N/A	0.91
YYY	AMPLIFY CEF HIGH INCOME ETF	$712M	3.23%	Jun 12, 2012	0.91
BLW	BlackRock Ltd Duration Income Trust	$527M	N/A	N/A	0.91
HYDB	ISHARES HIGH YIELD SYSTEMATIC BOND ETF	$1.50B	0.35%	Jul 11, 2017	0.91
JNK	SPDR(R) BLOOMBERG HIGH YIELD BOND ETF	$7.30B	0.40%	Nov 28, 2007	0.91
ISD	PGIM High Yield Bond Fund Inc	$461M	N/A	N/A	0.91
HYI	Western Asset High Yield Defined Opportunity Fund Inc	$150M	N/A	N/A	0.91
HYG	ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	$17B	0.49%	Apr 4, 2007	0.91
USHY	ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	$26B	0.08%	Oct 25, 2017	0.91
BBHY	JPMORGAN BETABUILDERS USD HIGH YIELD CORPORATE BOND ETF	$607M	0.07%	Sep 15, 2016	0.91
FDHY	FIDELITY ENHANCED HIGH YIELD ETF	$497M	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	$1.10B	0.40%	May 30, 2018	0.90
HYLB	XTRACKERS USD HIGH YIELD CORPORATE BOND ETF	$3.40B	0.05%	Dec 6, 2016	0.90
GHYB	GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF	$124M	0.15%	Sep 5, 2017	0.90
FALN	ISHARES FALLEN ANGELS USD BOND ETF	$1.80B	0.25%	Jun 14, 2016	0.90
FPF	First Trust Intermediate Duration Preferred & Income Fund	$1.20B	N/A	N/A	0.90
PHYL	PGIM ACTIVE HIGH YIELD BOND ETF	$1.30B	0.39%	Sep 24, 2018	0.90
BSJR	INVESCO BULLETSHARES 2027 HIGH YIELD CORPORATE BOND ETF	$824M	0.42%	Sep 12, 2019	0.90
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$75M	3.69%	Sep 27, 2016	0.90
SHYG	ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	$7.60B	0.30%	Oct 15, 2013	0.90
IFLN	Invesco Fundamental High Yield Corporate Bond ETF	$286M	0.23%	Nov 15, 2007	0.90
SJNK	SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF	$4.80B	0.40%	Mar 14, 2012	0.90
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.90
HYUP	XTRACKERS HIGH BETA HIGH YIELD BOND ETF	$44M	0.20%	Jan 11, 2018	0.90
SHYL	XTRACKERS SHORT DURATION HIGH YIELD BOND ETF	$261M	0.20%	Jan 9, 2018	0.90
SPHY	SPDR PORTFOLIO HIGH YIELD BOND ETF	$11B	0.05%	Jun 18, 2012	0.89
EVV	Eaton Vance Ltd Duration Income Fund	$1.20B	N/A	N/A	0.89
VLT	Invesco High Income Trust II	$71M	N/A	N/A	0.89
FXED	SOUND ENHANCED FIXED INCOME ETF	$41M	1.89%	Dec 30, 2020	0.89
GHY	PGIM Global High Yield Fund Inc	$533M	N/A	N/A	0.89
JGH	Nuveen Global High Income Fund	$385M	N/A	N/A	0.89
PFLD	AAM LOW DURATION PREFERRED AND INCOME SECURITIES ETF	$424M	0.45%	Nov 19, 2019	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	$1.50B	0.55%	Jul 10, 2017	0.89
EHI	Western Asset Global High Income Fund Inc	$199M	N/A	N/A	0.89
HYXF	ISHARES ESG ADVANCED HIGH YIELD CORPORATE BOND ETF	$196M	0.35%	Jun 14, 2016	0.89
DHF	BNY Mellon High Yield Strategies Fund	$198M	N/A	N/A	0.89
HYS	PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	$1.70B	0.56%	Jun 16, 2011	0.89
GHYG	ISHARES US & INTL HIGH YIELD CORP BOND ETF	$205M	0.40%	Apr 3, 2012	0.88
AWF	AllianceBernstein Global High Income Fund Inc	$980M	N/A	N/A	0.88
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$1.10B	0.43%	Aug 9, 2018	0.88
PFF	ISHARES PREFERRED AND INCOME SECURITIES ETF	$14B	0.45%	Mar 26, 2007	0.88
JPC	Nuveen Preferred & Income Opportunities Fund	$3B	N/A	N/A	0.88
BTZ	BlackRock Credit Allocation Income Trust	$1B	N/A	N/A	0.88
DSU	BlackRock Debt Strategies Fund Inc	$609M	N/A	N/A	0.88
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$524M	0.39%	Jul 8, 2015	0.88
FPE	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	$6.40B	0.83%	Feb 11, 2013	0.88
QHY	WISDOMTREE U.S. HIGH YIELD CORPORATE BOND FUND	$239M	0.38%	Apr 27, 2016	0.88
MMT	MFS Multimarket Income Trust	$271M	N/A	N/A	0.87
LDP	Cohen & Steers Ltd Duration Preferred and Income Fund Inc	$649M	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	$377M	N/A	N/A	0.87
UJB	PROSHARES ULTRA HIGH YIELD	$14M	N/A	Apr 13, 2011	0.87
JHI	John Hancock Investors Trust	$128M	N/A	N/A	0.87
VRP	INVESCO VARIABLE RATE PREFERRED ETF	$2.60B	0.50%	May 1, 2014	0.87
PFFL	ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25 2048	$4.90M	N/A	Sep 26, 2018	0.87
PFFR	INFRACAP REIT PREFERRED ETF	$118M	0.45%	Feb 7, 2017	0.87
CEFS	SABA CLOSED-END FUNDS ETF	$402M	2.61%	Mar 20, 2017	0.87
BIT	BlackRock Multi-Sector Income Trust	$770M	N/A	N/A	0.87
ERC	Allspring Multi-Sector Income Fund	$276M	N/A	N/A	0.87
SIHY	HARBOR SCIENTIFIC ALPHA HIGH-YIELD ETF	$144M	0.48%	Sep 14, 2021	0.87
GTOQ	INVESCO HIGH YIELD SYSTEMATIC BOND ETF	$163M	0.39%	Dec 2, 2020	0.87
PFFD	GLOBAL X U.S. PREFERRED ETF	$2.20B	0.23%	Sep 11, 2017	0.87
DFP	Flaherty & Crumrine Dynamic Preferred and Income Fund Inc	$463M	N/A	N/A	0.87
FPEI	FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF	$1.90B	0.85%	Aug 22, 2017	0.87
FOF	Cohen & Steers Closed-End Opportunity Fund Inc	$380M	N/A	N/A	0.87
PFXF	VANECK PREFERRED SECURITIES EX FINANCIALS ETF	$2.30B	0.40%	Jul 16, 2012	0.87
HYDW	XTRACKERS LOW BETA HIGH YIELD BOND ETF	$66M	0.20%	Jan 11, 2018	0.87
FLC	Flaherty & Crumrine Total Return Fund Inc	$196M	N/A	N/A	0.86
MCR	MFS Charter Income Trust	$274M	N/A	N/A	0.86
AOR	ISHARES CORE GROWTH ALLOCATION ETF	$3.50B	0.15%	Nov 4, 2008	0.86
AOM	ISHARES CORE MODERATE ALLOCATION ETF	$1.70B	0.15%	Nov 4, 2008	0.86
PFEB	Innovator U.S. Equity Power Buffer ETF - February	$921M	0.79%	Jan 31, 2020	0.86
GSEW	GOLDMAN SACHS EQUAL WEIGHT U.S. LARGE CAP EQUITY ETF	$1.70B	0.09%	Sep 12, 2017	0.86
MOTG	VANECK MORNINGSTAR GLOBAL WIDE MOAT ETF	$17M	0.52%	Oct 30, 2018	0.86
HNDL	STRATEGY SHARES NASDAQ 7 HANDL(TM) INDEX ETF	$645M	0.95%	Jan 16, 2018	0.86
NFLT	VIRTUS NEWFLEET MULTI-SECTOR BOND ETF	$424M	0.50%	Aug 10, 2015	0.86
INKM	SPDR SSGA INCOME ALLOCATION ETF	$76M	0.50%	Apr 25, 2012	0.86
BSJT	Invesco BulletShares 2029 High Yield Corporate Bond ETF	$470M	0.42%	Sep 15, 2021	0.86
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$129M	0.50%	Apr 3, 2012	0.86
VEGA	ADVISORSHARES STAR GLOBAL BUY-WRITE ETF	$84M	1.25%	Sep 17, 2012	0.86
FNOV	FT VEST U.S. EQUITY BUFFER ETF - NOVEMBER	$1.20B	0.85%	Nov 15, 2019	0.86
GDV	Gabelli Dividend & Income Trust	$2.90B	N/A	N/A	0.86
IYRI	NEOS REAL ESTATE HIGH INCOME ETF	$259M	0.68%	Jan 14, 2025	0.86
RNP	Cohen & Steers REIT & Preferred Income Fund Inc	$1.10B	N/A	N/A	0.86
BFEB	Innovator U.S. Equity Buffer ETF - February	$236M	0.79%	Jan 31, 2020	0.86
GAL	SPDR SSGA GLOBAL ALLOCATION ETF	$307M	0.35%	Apr 25, 2012	0.86
QWLD	SPDR MSCI WORLD STRATEGICFACTORS ETF	$188M	0.30%	Jun 4, 2014	0.86
FFEB	FT VEST U.S. EQUITY BUFFER ETF - FEBRUARY	$1.30B	0.85%	Feb 21, 2020	0.85
JMM	Nuveen Multi-Market Income Fund	$62M	N/A	N/A	0.85
AHYB	AMERICAN CENTURY SELECT HIGH YIELD ETF	$60M	0.45%	Nov 16, 2021	0.85
EMD	Western Asset Emerging Markets Debt Fund Inc	$648M	N/A	N/A	0.85
BAUG	Innovator U.S. Equity Buffer ETF - August	$193M	0.79%	Jul 31, 2019	0.85
TPLC	TIMOTHY PLAN US LARGE/MID CAP CORE ETF	$359M	0.52%	Apr 30, 2019	0.85