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35 Stocks and 65 ETFs for diversifying CVRD (MADISON COVERED CALL ETF)

The least correlated asset to CVRD (MADISON COVERED CALL ETF) is company U.S. Xpress Enterprises (USX). The correlation is -1.

Stocks that lowly correlated with CVRD

SymbolName
Market cap
SectorIndustry
Correlation
USXU.S. Xpress Enterprises Inc - Class A$332MIndustrialsTrucking-1.00
UTAAUUTA Acquisition Corp - Units (1 Ord Class A & 1/2 War)$61MN/AN/A-1.00
SURFSurface Oncology Inc$65MN/AN/A-1.00
SLVRUSilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)$328MN/AN/A-1.00
CNFRLConifer Holdings Inc$303MN/AN/A-1.00
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-1.00
GSRMBitcoin Depot Inc - Class A$54MN/AN/A-0.99
APGBApollo Strategic Growth Capital II - Class A$372MN/AN/A-0.94
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.85
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.84
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.81
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.75
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.74
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-0.73
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.71
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.70
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.66
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.66
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.64
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.63
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.59
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.54
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.54
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.53
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.53
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.53
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.53
VSTAVasta Platform Ltd Class A$394MConsumer DefensiveEducation & Training Services-0.53
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.51
DMDesktop Metal Inc - Class A$165MN/AN/A-0.50
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.50
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.50
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.48
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.47
GDSTRGoldenstone Acquisition Ltd$160KN/AN/A-0.46

ETFs that lowly correlated with CVRD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.87
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.83
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.82
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.82
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.81
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.81
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.80
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.79
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.79
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.79
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.79
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.78
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.77
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.77
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.76
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.76
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.74
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.74
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.74
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.73
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.72
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.71
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.70
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.69
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.68
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.68
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.67
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.67
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.67
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.66
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.65
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.65
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.65
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.64
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.64
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.64
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.63
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.63
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.62
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.62
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.61
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.61
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.60
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.60
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.59
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.59
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.59
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.57
MSFDDIREXION DAILY MSFT BEAR 1X SHARES $11M1.02%Sep 6, 2022-0.56
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.55
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.55
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.54
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.53
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.53
BRKUDIREXION DAILY BRKB BULL 2X SHARES $45MN/ADec 10, 2024-0.52
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.52
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.51
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.51
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.50
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.50
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.50
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.48
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.47
GGOViShares Global Government Bond USD Hedged Active$2.90B0.39%Jun 25, 2025-0.45