14 Stocks and 86 ETFs for diversifying CHY (Calamos Convertible and High Income Fund)
The least correlated asset to CHY (Calamos Convertible and High Income Fund) is ETF RWM (PROSHARES SHORT RUSSELL2000). The correlation is -0.8527.
Stocks that lowly correlated with CHY
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.55 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.53 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.51 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.48 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.46 |
| ZSPC | Zspace Inc | $2.96M | Technology | Computer Hardware | -0.46 |
| BDMD | Baird Medical Investment Holdings Ltd . | $44M | Healthcare | Medical Devices | -0.45 |
| BAYAR | Bayview Acquisition Corp | $260K | N/A | N/A | -0.44 |
| CNL | Collective Mining Ltd. | $1.40B | Basic Materials | Gold | -0.44 |
| DGNX | Diginex Ltd | $31M | Industrials | Consulting Services | -0.43 |
| UBXG | U-BX Technology Ltd | $37M | Technology | Software - Infrastructure | -0.42 |
| LZMH | LZ Technology Holdings Ltd - Class B | $9.09M | Technology | Information Technology Services | -0.41 |
| PVLA | Palvella Therapeutics Inc | $1.66B | Healthcare | Biotechnology | -0.41 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.40 |