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27 Stocks and 73 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 -0.761.

Stocks that lowly correlated with IGI

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.66
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.57
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.55
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.55
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.52
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.52
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.51
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.49
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.49
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.47
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.47
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.46
DJTWWTrump Media & Technology Group Corp Wt Exp$1.14BCommunication ServicesInternet Content & Information-0.44
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.43
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.42
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.42
CSAICloudastructure Inc - Class A$8.98MTechnologySoftware - Infrastructure-0.41
TVGNTevogen Bio Holdings Inc$30MHealthcareBiotechnology-0.41
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.41
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.40
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.40
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.39
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.38
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.38
IBTAIbotta Inc - Class A$819MTechnologySoftware - Application-0.38
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.37
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with IGI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.76
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.75
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.74
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.71
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.70
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.70
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.70
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.70
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.69
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.68
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.65
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.65
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.64
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.64
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.62
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.62
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.62
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.62
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.61
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.60
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.60
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.60
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.60
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.60
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.59
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.59
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.59
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.59
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.59
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.58
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.58
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.57
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.57
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.56
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.55
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.55
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.55
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.55
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/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, 2015-0.52
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.51
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.51
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.51
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.50
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.48
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.48
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.46
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.46
MSTXDefiance Daily Target 2x Long MSTR ETF$388MN/AAug 14, 2024-0.45
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.45
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $616MN/ASep 17, 2024-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.43
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.43
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.42
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.42
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.42
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.42
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.42
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.41
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.41
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.41
YCSProShares UltraShort Yen -2x Shares$28MN/ANov 24, 2008-0.40
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.40
CTASIMPLIFY MANAGED FUTURES STRATEGY ETF $1.70B0.75%Mar 7, 2022-0.38
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.38
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.37
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.37