27 Stocks and 73 ETFs for diversifying HIO (Western Asset High Income Opportunity Fund)
The least correlated asset to HIO (Western Asset High Income Opportunity Fund) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8937.
Stocks that lowly correlated with HIO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.65 |
| SSEAU | Starry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts) | $19M | Financial Services | Shell Companies | -0.63 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.57 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.55 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.54 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.51 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.50 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.49 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.49 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.49 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.48 |
| DFDV | DeFi Development Corp | $91M | Financial Services | Asset Management | -0.48 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.48 |
| NPAC | New Providence Acquisition Corp III - Class A | $398M | Financial Services | Shell Companies | -0.47 |
| GTERR | Globa Terra Acquisition Corporation Rights | $407K | N/A | N/A | -0.46 |
| CCCX | Churchill Capital Corp X - Class A | $570M | Financial Services | Shell Companies | -0.46 |
| HBNB | Hotel101 Global Holdings Corp | $1.31B | Real Estate | Real Estate Services | -0.45 |
| VNMEW | Vendome Acquisition Corporation I Warrant | $2.70M | N/A | N/A | -0.44 |
| INACR | Indigo Acquisition Corp Right | $448K | N/A | N/A | -0.44 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.43 |
| TVAIR | Thayer Ventures Acquisition Corporation II Rights | $166K | N/A | N/A | -0.43 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.42 |
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.42 |
| ATPC | Agape ATP Corp | $2.52M | Consumer Defensive | Packaged Foods | -0.42 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.42 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.40 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.39 |