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21 Stocks and 79 ETFs for diversifying Western Asset Diversified Income Fund (WDI)

The least correlated asset to Western Asset Diversified Income Fund (WDI) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.7842.

Stocks that lowly correlated with WDI

SymbolName
Market cap
SectorIndustry
Correlation
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.59
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.55
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.54
FIGXUFIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$35MFinancial ServicesShell Companies-0.52
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.50
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.49
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.49
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.48
GTERRGloba Terra Acquisition Corporation Rights$407KN/AN/A-0.48
TVAIRThayer Ventures Acquisition Corporation II Rights$166KN/AN/A-0.45
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.44
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.43
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.43
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.43
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.42
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.42
RNERUMount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)$125MN/AN/A-0.42
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.41
HBNBHotel101 Global Holdings Corp$1.31BReal EstateReal Estate Services-0.41
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-0.40
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.40

ETFs that lowly correlated with WDI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.78
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.78
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.77
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.76
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.75
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.74
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.73
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.73
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.73
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.72
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.72
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.72
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.72
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.70
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.70
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.70
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.69
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.69
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.69
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.68
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.67
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.67
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.66
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.66
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.66
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.66
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.66
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.65
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.64
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.63
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.63
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.61
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.60
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.60
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.59
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.59
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.59
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.58
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.58
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.56
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.55
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.55
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.52
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.51
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.50
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.49
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.49
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.49
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.48
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.47
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.47
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.47
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.47
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.47
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.46
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.46
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.46
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.46
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.46
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.45
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.45
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.44
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.44
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.43
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.43
SGVTSCHWAB GOVERNMENT MONEY MARKET ETF $770M0.28%Jun 11, 2025-0.42
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.42
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.42
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.42
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.42
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.42
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.41
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.40
BESFBASTION ENERGY ETF $33M0.80%Jun 3, 2025-0.40
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.40
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.39
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.39