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23 Stocks and 77 ETFs for diversifying JPC (Nuveen Preferred & Income Opportunities Fund)

The least correlated asset to JPC (Nuveen Preferred & Income Opportunities Fund) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8148.

Stocks that lowly correlated with JPC

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.67
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.54
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.53
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.52
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.52
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.50
GNLXGenelux Corp$137MHealthcareBiotechnology-0.49
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.48
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.48
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.48
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.47
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.44
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.41
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.41
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.40
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.40
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.40
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.40
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.39
SMXTSolarMax Technology Inc$31MTechnologySolar-0.39
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.39
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.37
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.37

ETFs that lowly correlated with JPC

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.81
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.80
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.79
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.78
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.78
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.77
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.77
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.76
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.76
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.76
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.76
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.75
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.75
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.75
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.75
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.74
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.74
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.74
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.74
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.74
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.73
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.73
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.73
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.72
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.72
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.71
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.70
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.70
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.67
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.66
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.65
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.65
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.64
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.64
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.63
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.63
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.63
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.63
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.61
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.60
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.58
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.58
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.57
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.56
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.56
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.56
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.54
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.52
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.52
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.51
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.51
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.50
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.48
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.48
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.48
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.47
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
NVDQT-Rex 2X Inverse NVIDIA Daily Target ETF$36MN/AOct 18, 2023-0.46
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.46
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.45
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $23M1.01%Sep 12, 2023-0.45
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $75MN/AAug 21, 2023-0.45
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.44
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.43
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.43
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.43
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.43
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.43
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.43
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.42
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.42
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.42
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.41
OILDBank of Montreal$19MN/ANov 8, 2021-0.41
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.40
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.39