16 Stocks and 84 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 -0.8086.
Stocks that lowly correlated with CGO
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.58 |
| ORIQU | Origin Investment Corp I - Units (1 Ord Cls & 1/2 War) | $22M | Financial Services | Shell Companies | -0.53 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.52 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.51 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.50 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.50 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.48 |
| CMND | Clearmind Medicine Inc | $2.12M | Healthcare | Biotechnology | -0.47 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.47 |
| AKUS | Akouos Inc | $490M | N/A | N/A | -0.45 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.42 |
| 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 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.41 |
| RNERU | Mount Rainier Acquisition Corp - Unit (1 Ordinary share & 1 Wrt) | $125M | N/A | N/A | -0.40 |
| MAMK | MaxsMaking Inc - Class A | $195M | Industrials | Conglomerates | -0.40 |