34 Stocks and 66 ETFs for diversifying OPP (RiverNorth/DoubleLine Strategic opportunity fund)
The least correlated asset to OPP (RiverNorth/DoubleLine Strategic opportunity fund) is ETF REK (PROSHARES SHORT REAL ESTATE). The correlation is -0.7283.
Stocks that lowly correlated with OPP
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.70 |
| HBNB | Hotel101 Global Holdings Corp | $1.36B | Real Estate | Real Estate Services | -0.62 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.57 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.48 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.48 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.46 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.45 |
| PLMKU | Plum Acquisition Corp IV - Units (1 Ord cls A & 1/2 Warr) | $54M | Financial Services | Shell Companies | -0.45 |
| TE-WS | T1 Energy Inc Wt Exp | $636M | N/A | N/A | -0.44 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.43 |
| HOND | HCM II Acquisition Corp. Class A Ordinary Shares | $519M | Financial Services | Shell Companies | -0.43 |
| NPAC | New Providence Acquisition Corp III - Class A | $397M | Financial Services | Shell Companies | -0.42 |
| DAAQ | Digital Asset Acquisition Corp - Class A | $178M | Financial Services | Shell Companies | -0.42 |
| NVA | Nova Minerals Ltd | $296M | Basic Materials | Other Industrial Metals & Mining | -0.41 |
| EDHL | Everbright Digital Holding Ltd | $4.80M | Communication Services | Advertising Agencies | -0.40 |
| HONDU | HCM II Acquisition Corp Unit | $483M | Financial Services | Shell Companies | -0.40 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.40 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.40 |
| NUAI | New Era Energy & Digital Inc | $221M | Technology | Software - Infrastructure | -0.39 |
| ATPC | Agape ATP Corp | $2.85M | Consumer Defensive | Packaged Foods | -0.39 |
| CHACU | Crane Harbor Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $72M | Financial Services | Shell Companies | -0.39 |
| NOEM | CO2 Energy Transition Corp | $72M | Financial Services | Shell Companies | -0.39 |
| GPCR | Structure Therapeutics Inc | $2.81B | Healthcare | Biotechnology | -0.39 |
| TVACW | Texas Ventures Acquisition III Corp - Warrants (23/04/2030) | $153M | N/A | N/A | -0.37 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.36 |
| CSAI | Cloudastructure Inc - Class A | $8.98M | Technology | Software - Infrastructure | -0.36 |
| CTRA | Coterra Energy Inc. | $25B | Energy | Oil & Gas E&p | -0.35 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.35 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.35 |
| IBTA | Ibotta Inc - Class A | $819M | Technology | Software - Application | -0.35 |
| GIBO | GIBO Holdings Ltd | $42M | Communication Services | Internet Content & Information | -0.35 |
| OMH | Ohmyhome Ltd | $24M | Real Estate | Real Estate Services | -0.35 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.34 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.34 |