28 Stocks and 72 ETFs for diversifying CANQ (Calamos Alternative Nasdaq & Bond ETF)
The least correlated asset to CANQ (Calamos Alternative Nasdaq & Bond ETF) is company Paramount Global Conv Pfd (PARAP). The correlation is -1.
Stocks that lowly correlated with CANQ
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PARAP | Paramount Global Conv Pfd | $8.99B | N/A | N/A | -1.00 |
| DHCA | DHC Acquisition Corp - Class A | $16M | N/A | N/A | -1.00 |
| ADOCR | Australian Oilseeds Holdings Ltd | $985K | N/A | N/A | -1.00 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.68 |
| ED | Consolidated Edison Inc | $39B | Utilities | Utilities - Regulated Electric | -0.63 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.61 |
| LND | Brasilagro Companhia Brasileira De Propriedade Agricola | $379M | Consumer Defensive | Farm Products | -0.60 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.58 |
| WSBK | Winchester Bancorp Inc | $119M | Financial Services | Banks - Regional | -0.57 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.56 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.56 |
| BAYAR | Bayview Acquisition Corp | $260K | N/A | N/A | -0.55 |
| PRA | Proassurance Corporation | $1.26B | Financial Services | Insurance - Property & Casualty | -0.55 |
| ESLT | Elbit Systems Ltd | $38B | Industrials | Aerospace & Defense | -0.55 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.54 |
| AGRO | Adecoagro S.A. | $890M | Consumer Defensive | Farm Products | -0.53 |
| NOC | Northrop Grumman Corp | $78B | Industrials | Aerospace & Defense | -0.52 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.52 |
| PLMI | Plum Acquisition Corp I - Class A | $192M | N/A | N/A | -0.51 |
| CRVO | CervoMed Inc | $28M | Healthcare | Biotechnology | -0.51 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.50 |
| ANNA | AleAnna Inc - Class A | $122M | Energy | Oil & Gas E&p | -0.49 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.48 |
| EXC | Exelon Corp | $47B | Utilities | Utilities - Regulated Electric | -0.48 |
| AWK | American Water Works Co. Inc | $24B | Utilities | Utilities - Regulated Water | -0.48 |
| AGI | Alamos Gold Inc - Class A | $16B | Basic Materials | Gold | -0.46 |
| CAPS | Capstone Holding Corp | $3.02M | Basic Materials | Building Materials | -0.46 |
| CNL | Collective Mining Ltd. | $1.40B | Basic Materials | Gold | -0.44 |