13 Stocks and 87 ETFs for diversifying CGO (Calamos Global Total Return Fund)
The least correlated asset to CGO (Calamos Global Total Return Fund) is ETF SH (ProShares Short S&P500 -1x Shares). The correlation is -0.8099.
Stocks that lowly correlated with CGO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.59 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.57 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.51 |
| PVLA | Palvella Therapeutics Inc | $1.66B | Healthcare | Biotechnology | -0.50 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.49 |
| CMND | Clearmind Medicine Inc | $2.88M | Healthcare | Biotechnology | -0.48 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.45 |
| HPAI | Helport AI Ltd | $33M | Technology | Software - Infrastructure | -0.44 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.42 |
| NDAC | NightDragon Acquisition Corp - Class A | $445M | N/A | N/A | -0.41 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.41 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.40 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.40 |