28 Stocks and 72 ETFs for diversifying CPNQ (CALAMOS NASDAQ-100 STRUCTURED ALT PROTECTION ETF - DECEMBER)
The least correlated asset to CPNQ (CALAMOS NASDAQ-100 STRUCTURED ALT PROTECTION ETF - DECEMBER) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with CPNQ
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PSTX | Poseida Therapeutics Inc | $933M | N/A | N/A | -1.00 |
| GSRM | Bitcoin Depot Inc - Class A | $54M | N/A | N/A | -0.91 |
| SMTK | SmartKem, Inc. Common Stock | $4.23M | Technology | Semiconductor Equipment & Materials | -0.87 |
| CDMO | Avid Bioservices Inc | $797M | N/A | N/A | -0.85 |
| MLGO | MicroAlgo Inc | $31M | Technology | Software - Infrastructure | -0.76 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.74 |
| ED | Consolidated Edison Inc | $40B | Utilities | Utilities - Regulated Electric | -0.64 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.63 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.63 |
| PRA | ProAssurance Corporation | $1.29B | Financial Services | Insurance - Property & Casualty | -0.61 |
| SYT | SYLA Technologies Co Ltd | $60M | Technology | Software - Application | -0.61 |
| CNP | Centerpoint Energy Inc | $28B | Utilities | Utilities - Regulated Electric | -0.61 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.58 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.57 |
| BGS | B&G Foods Inc | $305M | Consumer Defensive | Packaged Foods | -0.57 |
| VSTA | Vasta Platform Ltd Class A | $394M | Consumer Defensive | Education & Training Services | -0.57 |
| OPOF | Old Point Financial Corp | $215M | Financial Services | Banks - Regional | -0.57 |
| BJ | BJ`s Wholesale Club Holdings Inc | $12B | Consumer Defensive | Discount Stores | -0.56 |
| AWK | American Water Works Co. Inc | $25B | Utilities | Utilities - Regulated Water | -0.56 |
| LXEH | Lixiang Education Holding Co Ltd | $2.70M | Consumer Defensive | Education & Training Services | -0.56 |
| NAOV | NanoVibronix Inc | $15M | Healthcare | Medical Devices | -0.56 |
| WSBK | Winchester Bancorp Inc | $121M | Financial Services | Banks - Regional | -0.55 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.55 |
| SLGC | SomaLogic Inc - Class A | $393M | Healthcare | Health Information Services | -0.55 |
| PDEX | Pro-Dex Inc (co) | $181M | Healthcare | Medical Instruments & Supplies | -0.54 |
| GLIBA | GCI Liberty Inc - Class A | $879M | Communication Services | Telecom Services | -0.54 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.52 |
| BRK-B | Berkshire Hathaway Inc - Class B | $1.05T | Financial Services | Insurance - Diversified | -0.51 |