90 Stocks and 10 ETFs for diversifying MHY (Western Asset Managed High Incm Fnd)
The least correlated asset to MHY (Western Asset Managed High Incm Fnd) is ETF OCFS (OTTER CREEK FOCUS STRATEGY ETF). The correlation is -1.
Stocks that lowly correlated with MHY
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ADN | Advent Technologies Holdings, Inc. Class A Common Stock | $2.71M | Industrials | Electrical Equipment & Parts | -1.00 |
| USX | U.S. Xpress Enterprises Inc - Class A | $332M | Industrials | Trucking | -1.00 |
| SWIN | Solowin Holdings | $54M | N/A | N/A | -1.00 |
| NEUE | NeueHealth, Inc. | $61M | Healthcare | Healthcare Plans | -1.00 |
| IMAB | I-Mab | $340M | Healthcare | Biotechnology | -1.00 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -1.00 |
| GSRTU | GSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts) | $467M | N/A | N/A | -1.00 |
| ETNB | 89bio Inc | $2.34B | Healthcare | Biotechnology | -1.00 |
| OST | Ostin Technology Group Co Ltd - Class A | $10M | Technology | Electronic Components | -1.00 |
| EPIX | Essa Pharma Inc | $8.93M | Healthcare | Biotechnology | -1.00 |
| ESGR | Enstar Group Ltd | $5.09B | N/A | N/A | -1.00 |
| HROWM | Harrow Inc | $1.01B | N/A | None | -1.00 |
| CSWCZ | Capital Southwest Corp | $1.64B | Financial Services | Asset Management | -0.99 |
| MCHB | Mechanics Bank | $3.59B | Financial Services | Banks - Regional | -0.99 |
| ISRLU | Israel Acquisitions Corp - Units (1 Ord Share Class A & 1 War) | $24M | Financial Services | Shell Companies | -0.97 |
| RAIN | Rain Enhancement Technologies Holdco, Inc. Class A Common Stock | $13M | Industrials | Pollution & Treatment Controls | -0.96 |
| PIRS | Pieris Pharmaceuticals Inc | $24M | N/A | N/A | -0.95 |
| CNL | Collective Mining Ltd. | $1.14B | Basic Materials | Gold | -0.94 |
| ATIF | ATIF Holdings Ltd | $6.07M | N/A | N/A | -0.93 |
| KIRK | Brand House Collective Inc (The). | $37M | N/A | N/A | -0.92 |
| WAI | Top KingWin Ltd - Class A | $5.90M | Financial Services | Capital Markets | -0.92 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.90 |
| CPLP | Capital Product Partners L P | $355M | N/A | N/A | -0.89 |
| DYCQR | DT Cloud Acquisition Corp | $474K | N/A | N/A | -0.82 |
| NVNO | enVVeno Medical Corporation | $7.06M | Healthcare | Medical Devices | -0.80 |
| IMA | Ikena Oncology Inc | $67M | Healthcare | Biotechnology | -0.79 |
| CYBN | Cybin Inc | $408M | Healthcare | Biotechnology | -0.77 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.76 |
| TGI | Triumph Group Inc | $2.03B | N/A | N/A | -0.76 |
| KDP | Keurig Dr Pepper Inc | $41B | Consumer Defensive | Beverages - Non-alcoholic | -0.76 |
| AKRO | Akero Therapeutics Inc | $4.38B | Healthcare | Biotechnology | -0.76 |
| CGEM | Cullinan Oncology Inc | $1.10B | Healthcare | Biotechnology | -0.75 |
| NEON | Neonode Inc | $15M | Technology | Electronic Components | -0.75 |
| SPPI | Spectrum Pharmaceuticals Inc | $208M | N/A | N/A | -0.75 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $263M | Financial Services | Shell Companies | -0.74 |
| TECX | AvroBio Inc | $612M | Healthcare | Biotechnology | -0.74 |
| CELU | Celularity Inc - Class A | $22M | Healthcare | Biotechnology | -0.71 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.71 |
| SNV-P-D | Synovus Financial Corp | $3.51B | N/A | Other | -0.70 |
| LOKV | Live Oak Acquisition Corp V - Class A | $265M | Financial Services | Shell Companies | -0.69 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.69 |
| OCFT | Oneconnect Financial Technology Co Ltd | $309M | Technology | Software - Application | -0.68 |
| CNVS | Cineverse Corp - Class A | $49M | Communication Services | Entertainment | -0.68 |
| SVIIU | Spring Valley Acquisition Corp II - Units (1 Ord Class A 1 Right & 1/2 War) | $29M | Financial Services | Shell Companies | -0.67 |
| PPBT | Purple Biotech Ltd | $6.05M | Healthcare | Biotechnology | -0.67 |
| STZ | Constellation Brands Inc - Class A | $23B | Consumer Defensive | Beverages - Brewers | -0.67 |
| AUTL | Autolus Therapeutics plc | $402M | Healthcare | Biotechnology | -0.65 |
| JEM | 707 Cayman Holdings Ltd | $3.49M | Consumer Cyclical | Apparel Retail | -0.64 |
| TGT | Target Corp | $63B | Consumer Defensive | Discount Stores | -0.64 |
| ANSCU | Agriculture & Natural Solutions Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $88M | Financial Services | Shell Companies | -0.63 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.63 |
| RGLS | Regulus Therapeutics Inc | $540M | N/A | N/A | -0.63 |
| SBXD | SilverBox Corp IV - Class A | $222M | Financial Services | Shell Companies | -0.63 |
| CEPO | Cantor Equity Partners I Inc - Class A | $271M | Financial Services | Shell Companies | -0.63 |
| FGNX | FG Nexus Inc | $42M | Financial Services | Asset Management | -0.62 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.62 |
| BNKK | Bonk Inc | $10M | Financial Services | Asset Management | -0.61 |
| GCI | Gannett Co., Inc. | $1.41B | Communication Services | Publishing | -0.61 |
| SPRY | ARS Pharmaceuticals Inc | $750M | Healthcare | Biotechnology | -0.61 |
| AGTC | Applied Genetic Technologies Corp | $26M | N/A | N/A | -0.61 |
| NAKA | Nakamoto Inc | $76M | Financial Services | Capital Markets | -0.61 |
| LCCC | Lakeshore Acquisition III Corp | $72M | Financial Services | Shell Companies | -0.60 |
| GNE | Genie Energy Ltd - Class B | $369M | Utilities | Utilities - Regulated Electric | -0.60 |
| TGS | Transportadora de Gas del Sur | $4.71B | Energy | Oil & Gas Integrated | -0.60 |
| ADSE | Ads-Tec Energy Plc | $719M | Industrials | Electrical Equipment & Parts | -0.60 |
| NETD | Nabors Energy Transition Corp II - Class A | $73M | Financial Services | Shell Companies | -0.60 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.59 |
| LOMA | Loma Negra Compania Industrial Argentina Sociedad Anonima | $1.35B | Basic Materials | Building Materials | -0.59 |
| ENCP | Graphjet Technology - Class A | $6.83M | Financial Services | Shell Companies | -0.59 |
| CRESY | Cresud | $707M | Industrials | Conglomerates | -0.59 |
| YAAS | Youxin Technology Ltd - Class A | $8.49M | Technology | Software - Application | -0.59 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.59 |
| ARTW | Art`s-way Manufacturing Co. Inc | $12M | Industrials | Farm & Heavy Construction Machinery | -0.58 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.58 |
| KVUE | Kenvue Inc | $36B | Consumer Defensive | Household & Personal Products | -0.58 |
| WPRT | Westport Fuel Systems Inc | $33M | Consumer Cyclical | Auto Parts | -0.58 |
| MPU | Mega Matrix Inc - Class A | $13M | Communication Services | Entertainment | -0.57 |
| ITRN | Ituran Location And Control Ltd | $1.31B | Technology | Scientific & Technical Instruments | -0.57 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $11M | Healthcare | Medical Instruments & Supplies | -0.57 |
| BBAR | BBVA Argentina | $4.22B | Financial Services | Banks - Regional | -0.57 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.57 |
| GGAL | Grupo Financiero Galicia | $8.46B | Financial Services | Banks - Regional | -0.56 |
| CNF | CNFinance Holdings Ltd | $20M | Financial Services | Mortgage Finance | -0.56 |
| LPTX | Leap Therapeutics Inc | $85M | Healthcare | Biotechnology | -0.56 |
| CNM | Core & Main Inc Class A | $8.41B | Industrials | Industrial Distribution | -0.56 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.55 |
| TRON | Corner Growth Acquisition Corp 2 - Class A | $700M | Consumer Cyclical | Leisure | -0.55 |
| ACDC | ProFrac Holding Corp Class A | $910M | Energy | Oil & Gas Equipment & Services | -0.55 |
| JHX | James Hardie Industries plc | $15B | Basic Materials | Building Materials | -0.54 |
| UCL | Ucloudlink Group Inc | $35M | Communication Services | Telecom Services | -0.54 |
ETFs that lowly correlated with MHY
| Symbol | Name | AUM | Expense Ratio | Inception Date | Correlation |
|---|---|---|---|---|---|
| OCFS | OTTER CREEK FOCUS STRATEGY ETF | $8M | 0.85% | May 17, 2024 | -1.00 |
| EMEM | SOPHUS CAPITAL EMERGING MARKET ETF | $61M | 0.65% | May 19, 2026 | -1.00 |
| CLIM | CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF | $1.30M | 0.90% | Mar 11, 2026 | -0.95 |
| PPI | Investment Managers Series Trust II Astoria Real Assets ETF | $155M | 0.58% | Dec 30, 2021 | -0.94 |
| RISR | FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF | $274M | 1.04% | Sep 30, 2021 | -0.69 |
| QQLV | Invesco QQQ Low Volatility ETF | $1.90M | 0.25% | Dec 4, 2024 | -0.63 |
| PST | PROSHARES ULTRASHORT 7-10 YEAR TREASURY | $11M | N/A | Apr 29, 2008 | -0.58 |
| TYO | DIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES | $12M | N/A | Apr 16, 2009 | -0.57 |
| UTF | Cohen & Steers Infrastructure Fund Inc | $3.10B | N/A | N/A | -0.57 |
| TBX | PROSHARES SHORT 7-10 YEAR TREASURY | $20M | 0.95% | Apr 4, 2011 | -0.56 |