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High CorrelationLow Correlation

28 Stocks and 72 ETFs for diversifying CVRT (Calamos Convertible Equity Alternative ETF)

The least correlated asset to CVRT (Calamos Convertible Equity Alternative ETF) is company Aeries Technology Inc - Units (1 Ord & 1/2 War) (WWACU). The correlation is -1.

Stocks that lowly correlated with CVRT

SymbolName
Market cap
SectorIndustry
Correlation
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-1.00
VMWVmware Inc - Class A$62BN/AN/A-1.00
HTHersha Hospitality Trust - Class A$400MN/AN/A-1.00
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-1.00
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-1.00
APGBApollo Strategic Growth Capital II - Class A$372MN/AN/A-1.00
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-1.00
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-1.00
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-1.00
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-1.00
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.99
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.95
CPTKCrown PropTech Acquisitions - Class A$147MN/AN/A-0.66
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.62
SASISigma Additive Solutions Inc$37MN/AN/A-0.62
CPSRGelesis Holdings Inc - Class A$1.87BN/AN/A-0.58
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.56
CAPSCapstone Holding Corp$3.02MBasic MaterialsBuilding Materials-0.56
UBXGU-BX Technology Ltd$37MTechnologySoftware - Infrastructure-0.53
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.53
CRVOCervoMed Inc$28MHealthcareBiotechnology-0.52
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.51
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.47
LZMHLZ Technology Holdings Ltd - Class B$9.09MTechnologyInformation Technology Services-0.46
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.45
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.45
PVLAPalvella Therapeutics Inc$1.66BHealthcareBiotechnology-0.44
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.44

ETFs that lowly correlated with CVRT

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-1.00
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.87
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.84
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.84
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.83
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.82
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.81
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.80
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.80
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.79
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.79
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.78
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.77
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.77
SHRTGOTHAM SHORT STRATEGIES ETF $17M1.35%Jul 31, 2017-0.77
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.76
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.76
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.75
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.74
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.70
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.69
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.68
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.68
AMDDT-REX 2X INVERSE AMD DAILY TARGET ETF $21M1.03%Feb 11, 2025-0.67
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.67
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.67
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.65
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.65
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.64
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.63
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.63
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.61
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.61
SMCZDEFIANCE DAILY TARGET 2X SHORT SMCI ETF $4.80MN/AMar 31, 2025-0.61
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.60
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.60
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.59
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.59
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.58
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.55
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.55
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.55
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.53
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.53
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.53
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.53
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $19M1.05%May 1, 2024-0.53
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.53
FNGDBank of Montreal$68MN/AJan 22, 2018-0.52
QCMDDirexion Daily QCOM Bear 1X ETF$2M1.00%Jun 24, 2025-0.52
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.52
CSCSDirexion Daily CSCO Bear 1X ETF$1.80M1.00%Jun 24, 2025-0.50
TSLQTradr 2X Short TSLA Daily ETF$159MN/AJul 13, 2022-0.50
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.50
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.50
TSLSDirexion Daily TSLA Bear 1X Shares$76M0.95%Aug 8, 2022-0.49
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.49
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $39M1.05%Jul 9, 2024-0.48
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.48
BRKUDIREXION DAILY BRKB BULL 2X SHARES $58MN/ADec 10, 2024-0.48
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.48
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.47
TSDDGRANITESHARES 2X SHORT TSLA DAILY ETF $42MN/AAug 21, 2023-0.47
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.47
TSLZT-Rex 2X Inverse Tesla Daily Target ETF$46MN/AOct 18, 2023-0.46
PALDDirexion Daily PANW Bear 1X Shares$2.40M1.02%Feb 10, 2025-0.45
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.44
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $339M0.98%May 13, 2019-0.44
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.44
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.44
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.43