Overview Performance Dividends Splits Correlations

11 Stocks and 89 ETFs for diversifying AVK (Advent Convertible and Income Fund)

The least correlated asset to AVK (Advent Convertible and Income Fund) is ETF SH (ProShares Short S&P500 -1x Shares). The correlation is -0.8534.

Stocks that lowly correlated with AVK

Symbol	Name	Market cap	Sector	Industry	Correlation
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.63
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.58
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$20M	Financial Services	Shell Companies	-0.56
ASIC	Ategrity Specialty Holdings LLC	$969M	Financial Services	Insurance - Property & Casualty	-0.52
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.44
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.42
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.42
PROP	Prairie Operating Co. Common Stock	$81M	Energy	Oil & Gas E&p	-0.41
NYAX	Nayax Ltd	$3.09B	Technology	Software - Infrastructure	-0.40
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.40
SAFX	XCF Global Inc	$126M	Utilities	Utilities - Renewable	-0.39

ETFs that lowly correlated with AVK

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.85
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.85
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.85
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.85
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.84
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.84
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.84
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.84
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.84
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.83
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.83
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.83
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.83
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.82
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.82
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.82
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.82
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.81
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.81
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.80
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.79
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.79
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.78
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.76
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.76
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.75
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.75
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.75
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.75
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.74
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.73
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.72
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.72
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.72
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.70
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.70
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.69
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.69
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.68
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.68
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.68
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.68
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.67
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.67
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.66
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.65
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.64
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.64
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.63
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.62
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.61
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.60
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.59
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.57
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.55
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.55
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$4.80M	N/A	Mar 31, 2025	-0.55
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.54
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.54
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.54
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.54
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.54
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.54
WZRD	Opportunistic Trader ETF	$3.90M	1.00%	Jun 24, 2025	-0.53
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$210M	0.50%	May 10, 2021	-0.52
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.52
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.51
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$19M	1.05%	May 1, 2024	-0.51
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.51
QCMD	Direxion Daily QCOM Bear 1X ETF	$2M	1.00%	Jun 24, 2025	-0.50
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.49
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.48
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.47
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.46
SETH	ProShares Short Ether ETF	$16M	0.95%	Nov 1, 2023	-0.46
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.46
PALD	Direxion Daily PANW Bear 1X Shares	$2.40M	1.02%	Feb 10, 2025	-0.46
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$16M	0.96%	Aug 8, 2022	-0.45
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$396M	0.51%	Dec 18, 2013	-0.45
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$75M	N/A	Aug 21, 2023	-0.45
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$228M	1.04%	Sep 30, 2021	-0.45
ETHD	ProShares UltraShort Ether ETF	$84M	N/A	Jun 6, 2024	-0.44
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.44
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.44
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.43
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.42
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3M	N/A	Jun 16, 2009	-0.42
SDP	ProShares UltraShort Utilities -2x Shares	$4.60M	N/A	Jan 30, 2007	-0.42
FIAT	YIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF	$39M	1.05%	Jul 9, 2024	-0.42