Overview Performance Dividends Splits Correlations

19 Stocks and 81 ETFs for diversifying SABA (Saba Capital Income & Opportunities Fund II)

The least correlated asset to SABA (Saba Capital Income & Opportunities Fund II) is ETF IAUI (NEOS GOLD HIGH INCOME ETF). The correlation is -0.7863.

Stocks that lowly correlated with SABA

Symbol	Name	Market cap	Sector	Industry	Correlation
CHPG	ChampionsGate Acquisition Corp - Class A	$77M	Financial Services	Shell Companies	-0.71
HBNB	Hotel101 Global Holdings Corp	$1.36B	Real Estate	Real Estate Services	-0.64
CMDB	Costamare Bulkers Holdings Ltd	$409M	Industrials	Marine Shipping	-0.57
AAUC	Allied Gold Corporation	$3.41B	Basic Materials	Gold	-0.55
NPAC	New Providence Acquisition Corp III - Class A	$397M	Financial Services	Shell Companies	-0.55
LCCCR	Lakeshore Acquisition III Corp	$500K	N/A	N/A	-0.53
SHMD	SCHMID Group N.V. - Class A	$300M	Industrials	Specialty Industrial Machinery	-0.52
WSBK	Winchester Bancorp Inc	$119M	Financial Services	Banks - Regional	-0.50
ALMS	Alumis Inc	$2.67B	Healthcare	Biotechnology	-0.49
KMTS	Kestra Medical Technologies Ltd	$1.23B	Healthcare	Medical Instruments & Supplies	-0.47
CRAQ	Cal Redwood Acquisition Corp	$320M	Financial Services	Shell Companies	-0.46
BUSEP	First Busey Corp	$2.18B	Financial Services	Banks - Regional	-0.46
NAMM	Namib Minerals.	$77M	Basic Materials	Gold	-0.43
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.43
WGRX	Wellgistics Health Inc	$7.55M	Healthcare	Pharmaceutical Retailers	-0.42
HOND	HCM II Acquisition Corp. Class A Ordinary Shares	$519M	Financial Services	Shell Companies	-0.42
LGPS	LogProstyle Inc	$16M	Industrials	Conglomerates	-0.41
SDHIR	Siddhi Acquisition Corp	$1.38M	N/A	N/A	-0.40
BIOA	BioAge Labs Inc	$752M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.39

ETFs that lowly correlated with SABA

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
IAUI	NEOS GOLD HIGH INCOME ETF	$427M	0.79%	Jun 4, 2025	-0.79
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.71
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.67
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.62
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.59
CONI	GRANITESHARES 2X SHORT COIN DAILY ETF	$17M	N/A	Sep 4, 2024	-0.59
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.58
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.58
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.58
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.57
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.57
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.56
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.56
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.56
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.55
NFXS	DIREXION DAILY NFLX BEAR 1X SHARES	$5M	1.03%	Oct 2, 2024	-0.55
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.55
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.55
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.54
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.54
YGLD	Simplify Gold Strategy PLUS Income ETF	$49M	0.53%	Dec 2, 2024	-0.54
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.54
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.54
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.53
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.53
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.53
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.53
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.53
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.52
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.52
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.51
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$58M	N/A	Dec 10, 2024	-0.51
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.51
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.51
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.51
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.51
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.51
MSDD	GRANITESHARES 2X SHORT MSTR DAILY ETF	$1M	N/A	Jun 9, 2025	-0.51
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.50
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.50
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.50
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.50
RTXG	Leverage Shares 2X Long RTX Daily ETF	$4M	N/A	Jun 5, 2025	-0.50
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.50
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.49
SBIT	ProShares UltraShort Bitcoin ETF	$183M	N/A	Apr 1, 2024	-0.49
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.49
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.49
BTCZ	T-REX 2X INVERSE BITCOIN DAILY TARGET ETF	$26M	N/A	Jul 9, 2024	-0.48
WNTR	YieldMax Short MSTR Option Income Strategy ETF	$72M	1.00%	Mar 26, 2025	-0.48
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.47
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.47
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.47
VTEL	Vanguard LongTerm TaxExempt Bond ETF	$259M	0.09%	May 20, 2025	-0.47
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.46
MUNY	Vanguard New York TaxExempt Bond ETF	$372M	0.09%	May 20, 2025	-0.46
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.46
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.46
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$6.90M	0.10%	Oct 31, 2024	-0.46
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.45
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.45
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.45
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.44
DIVN	HORIZON DIVIDEND INCOME ETF	$147M	0.70%	Jun 25, 2025	-0.43
GLDY	DEFIANCE GOLD ENHANCED OPTIONS INCOME ETF	$35M	1.04%	Apr 1, 2025	-0.43
SETH	ProShares Short Ether ETF	$16M	0.95%	Nov 1, 2023	-0.42
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.41
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.41
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.40
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.40
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.40
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3M	N/A	Jun 16, 2009	-0.40
SLDR	GLOBAL X SHORT-TERM TREASURY LADDER ETF	$40M	0.12%	Sep 9, 2024	-0.40
MLDR	GLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF	$9.30M	0.12%	Sep 9, 2024	-0.40
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.40
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.40
BRKW	ROUNDHILL BRKB WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.39
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.39
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$17M	1.02%	Sep 6, 2022	-0.39
EDGH	3EDGE DYNAMIC HARD ASSETS ETF	$128M	1.01%	Oct 2, 2024	-0.39
XOMX	Direxion Daily XOM Bull 2X Shares	$7.90M	N/A	Apr 22, 2025	-0.39