22 Stocks and 78 ETFs for diversifying CEV (Eaton Vance California Municipal Income Trust)
The least correlated asset to CEV (Eaton Vance California Municipal Income Trust) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7389.
Stocks that lowly correlated with CEV
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.69 |
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.69 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.66 |
| CAI | Caris Life Sciences Inc - Class A | $4.35B | Healthcare | Biotechnology | -0.56 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.54 |
| FLYE | Fly-E Group Inc | $3M | Consumer Cyclical | Auto Manufacturers | -0.53 |
| OTF | Blue Owl Technology Finance Corp | $4.94B | Financial Services | Asset Management | -0.52 |
| YAAS | Youxin Technology Ltd - Class A | $8.49M | Technology | Software - Application | -0.52 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.51 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.49 |
| EGG | Enigmatig Ltd - Class A | $251M | Industrials | Consulting Services | -0.49 |
| TTAN | ServiceTitan Inc - Class A | $5.85B | Technology | Software - Application | -0.47 |
| MNTN | MNTN Inc - Class A | $653M | Technology | Software - Application | -0.46 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.46 |
| RETO | ReTo Eco-Solutions Inc | $6.13M | Basic Materials | Building Materials | -0.45 |
| MCGAU | Yorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War) | $52M | Financial Services | Shell Companies | -0.45 |
| DMAA | Drugs Made In America Acquisition Corp | $244M | Financial Services | Shell Companies | -0.44 |
| VOYG | Voyager Technologies Inc - Class A | $2.83B | Industrials | Aerospace & Defense | -0.43 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.43 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.41 |
| QETAR | Quetta Acquisition Corp | $1.33M | N/A | N/A | -0.40 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.40 |