Overview Performance Dividends Correlations

23 Stocks and 77 ETFs for diversifying CCD (Calamos Dynamic Convertible and Income Fund)

The least correlated asset to CCD (Calamos Dynamic Convertible and Income Fund) is ETF RWM (PROSHARES SHORT RUSSELL2000). The correlation is -0.8428.

Stocks that lowly correlated with CCD

Symbol	Name	Market cap	Sector	Industry	Correlation
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.58
LZMH	LZ Technology Holdings Ltd - Class B	$9.09M	Technology	Information Technology Services	-0.54
AAM	AA Mission Acquisition Corp.	$368M	Financial Services	Shell Companies	-0.48
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.48
KWM	K Wave Media Ltd	$16M	Communication Services	Entertainment	-0.47
BYAH	Park Ha Biological Technology Co Ltd	$917K	Consumer Defensive	Household & Personal Products	-0.46
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.46
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.45
RIBBU	Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)	$56M	Financial Services	Shell Companies	-0.44
RDAGU	Republic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)	$42M	Financial Services	Shell Companies	-0.44
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.44
LIMN	Liminatus Pharma Inc	$8.08M	Healthcare	Biotechnology	-0.43
IPODU	Dune Acquisition Corp II - Units (1 Ord Cls A & 1 War)	$156M	Financial Services	Shell Companies	-0.42
DAAQU	Digital Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)	$53M	Financial Services	Shell Companies	-0.41
PROP	Prairie Operating Co. Common Stock	$81M	Energy	Oil & Gas E&p	-0.41
LPAAU	Launch One Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$247M	Financial Services	Shell Companies	-0.40
RBNE	Robin Energy Ltd	$13M	Energy	Oil & Gas Midstream	-0.40
RFAI	RF Acquisition Corp II	$116M	Financial Services	Shell Companies	-0.40
KLTOW	Klotho Neurosciences Inc Wt Exp	$10M	Healthcare	Biotechnology	-0.40
RNERU	Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt)	$125M	N/A	N/A	-0.40
MFI	mF International Ltd - Class A	$19M	Technology	Software - Application	-0.39
NPACU	New Providence Acquisition Corp III - Units (1 Ord Share Class A & 1/3 War)	$68M	Financial Services	Shell Companies	-0.39
KLTO	Klotho Neurosciences Inc Com	$64M	Healthcare	Biotechnology	-0.39

ETFs that lowly correlated with CCD

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.84
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.84
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.83
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.83
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.82
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.81
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.81
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.81
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.81
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.80
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.78
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.78
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.77
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.76
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.75
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.75
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.75
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.75
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.75
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.74
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.74
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.74
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.74
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.74
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.73
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.72
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.72
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.70
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.70
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.70
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.70
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.70
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.69
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.69
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.69
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.68
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.67
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.66
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.63
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.62
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.62
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.62
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.59
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.58
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.58
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.58
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.58
WZRD	Opportunistic Trader ETF	$3.90M	1.00%	Jun 24, 2025	-0.56
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.56
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.56
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.56
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.55
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.54
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.53
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.53
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.51
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.50
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.50
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$21M	1.03%	Feb 11, 2025	-0.49
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.49
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.48
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.48
NVD	GRANITESHARES 2X SHORT NVDA DAILY ETF	$75M	N/A	Aug 21, 2023	-0.47
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.47
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.46
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.46
NVDQ	T-Rex 2X Inverse NVIDIA Daily Target ETF	$36M	N/A	Oct 18, 2023	-0.44
AAPD	DIREXION DAILY AAPL BEAR 1X SHARES	$16M	0.96%	Aug 8, 2022	-0.44
NVDD	DIREXION DAILY NVDA BEAR 1X SHARES	$23M	1.01%	Sep 12, 2023	-0.44
SHRT	GOTHAM SHORT STRATEGIES ETF	$17M	1.35%	Jul 31, 2017	-0.44
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$6.90M	0.10%	Oct 31, 2024	-0.43
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.42
SDP	ProShares UltraShort Utilities -2x Shares	$4.60M	N/A	Jan 30, 2007	-0.41
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.40
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.40
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.40
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.40