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66 Stocks and 34 ETFs for diversifying SCIO (FIRST TRUST STRUCTURED CREDIT INCOME OPPORTUNITIES ETF)

The least correlated asset to SCIO (FIRST TRUST STRUCTURED CREDIT INCOME OPPORTUNITIES ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with SCIO

SymbolName
Market cap
SectorIndustry
Correlation
PARAPParamount Global Conv Pfd$8.99BN/AN/A-1.00
DHCADHC Acquisition Corp - Class A$16MN/AN/A-1.00
ADOCRAustralian Oilseeds Holdings Ltd$985KN/AN/A-1.00
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.71
PTWOUSBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)$1.13BN/AN/A-0.66
PLMIUPlum Acquisition Corp I - Units (1 Ord Share Class A & 1/5 War)$232MN/AN/A-0.65
RAINRain Enhancement Technologies Holdco, Inc. Class A Common Stock$13MIndustrialsPollution & Treatment Controls-0.65
IBTAIbotta Inc - Class A$753MTechnologySoftware - Application-0.65
CSAICloudastructure Inc - Class A$7.44MTechnologySoftware - Infrastructure-0.63
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.61
TRONCorner Growth Acquisition Corp 2 - Class A$700MConsumer CyclicalLeisure-0.60
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.59
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.58
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.57
APADREnhanced Group Inc$6.67MN/AN/A-0.57
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.56
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.55
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.54
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.53
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.53
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.53
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.52
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.52
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.52
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.51
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.51
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.51
GTEGran Tierra Energy Inc$231MEnergyOil & Gas E&p-0.49
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.49
EONRHNR Acquisition Corp$21MEnergyOil & Gas E&p-0.49
PUBMPubMatic Inc - Class A$650MTechnologySoftware - Application-0.49
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.49
DJTTrump Media & Technology Group Corp$2.65BCommunication ServicesInternet Content & Information-0.48
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.48
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.48
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.48
DAWNDay One Biopharmaceuticals Inc$2.22BHealthcareBiotechnology-0.48
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.48
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.47
VERXVertex Inc Class A$2.23BTechnologySoftware - Application-0.47
GEOGeo Group Inc$3.99BIndustrialsSecurity & Protection Services-0.47
LEELee Enterprises Inc$53MCommunication ServicesPublishing-0.47
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.47
MUSAMurphy USA Inc$11BConsumer CyclicalSpecialty Retail-0.47
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.47
SLPSimulations Plus Inc$369MHealthcareHealth Information Services-0.47
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.46
PEWGrabAGun Digital Holdings Inc$75MIndustrialsAerospace & Defense-0.46
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.46
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.46
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.45
VOCVOC Energy Trust$53MEnergyOil & Gas E&p-0.45
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.45
TALKTalkspace Inc$873MHealthcareHealth Information Services-0.45
MGNXMacrogenics Inc$275MHealthcareBiotechnology-0.44
BANLCBL International Ltd$11MEnergyOil & Gas Midstream-0.44
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.43
DTMDT Midstream Inc$15BEnergyOil & Gas Midstream-0.43
UANCVR Partners LP$1.23BBasic MaterialsAgricultural Inputs-0.43
KUKEKuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares)$5.93MCommunication ServicesEntertainment-0.43
AGXArgan Inc$8.55BIndustrialsEngineering & Construction-0.42
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.42
CGNTCognyte Software Ltd$653MTechnologySoftware - Infrastructure-0.42
BIVIBioVie Inc - Class A$13MHealthcareBiotechnology-0.42
LBLandbridge Company LLC. - Class A$5.70BEnergyOil & Gas Equipment & Services-0.42
MDUMDU Resources Group Inc$4.33BUtilitiesUtilities - Regulated Gas-0.42

ETFs that lowly correlated with SCIO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.87
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-0.87
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.77
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.76
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.76
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.72
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.72
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.72
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.72
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.68
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.67
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.65
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.65
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.58
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.57
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.55
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.54
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.52
UGAUnited States Gasoline Fund LP$108M1.08%Feb 26, 2008-0.51
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.51
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.50
QBProShares Nasdaq100 Dynamic Buffer ETF$2.80M0.58%Jun 24, 2025-0.50
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.49
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.49
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.49
RINFPROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF$18M0.30%Jan 10, 2012-0.49
HOLDHARBOR ALPHA LAYERING ETF $8MN/AAug 13, 2025-0.49
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.47
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.45
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.43
DBOInvesco DB Oil Fund$216M0.75%Jan 5, 2007-0.42