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28 Stocks and 72 ETFs for diversifying IGI (Western Asset Investment Grade Defined Opportunity Trust)

The least correlated asset to IGI (Western Asset Investment Grade Defined Opportunity Trust) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.7633.

Stocks that lowly correlated with IGI

SymbolName
Market cap
SectorIndustry
Correlation
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.57
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.56
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.55
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.55
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.53
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.53
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.51
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.51
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.51
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.49
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.48
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.47
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.46
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.45
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.45
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.44
DJTWWTrump Media & Technology Group Corp Wt Exp$1BCommunication ServicesInternet Content & Information-0.43
MAMKMaxsMaking Inc - Class A$195MIndustrialsConglomerates-0.42
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.42
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.41
TVGNTevogen Bio Holdings Inc$20MHealthcareBiotechnology-0.41
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.41
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.40
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.40
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.40
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.39
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.39
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.39

ETFs that lowly correlated with IGI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.76
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.75
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.73
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.72
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.71
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.70
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.70
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.69
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.68
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.68
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.65
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.65
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.65
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.64
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.63
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.63
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.62
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.62
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.62
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.62
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.61
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.60
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.60
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.60
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.60
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.60
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.59
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.59
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.59
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.59
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.59
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.58
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.58
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.58
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.57
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.56
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.56
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.55
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.55
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.52
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.52
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.51
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.51
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.51
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.51
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.51
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.50
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.49
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.46
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.45
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.44
MSTXDefiance Daily Target 2x Long MSTR ETF$151MN/AAug 14, 2024-0.44
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $291MN/ASep 17, 2024-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.43
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.43
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.42
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.42
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.42
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.42
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.42
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.41
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.41
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.41
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.40
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.40
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.40