Overview Performance Dividends Correlations

36 Stocks and 64 ETFs for diversifying CVRT (Calamos Convertible Equity Alternative ETF)

The least correlated asset to CVRT (Calamos Convertible Equity Alternative ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with CVRT

Symbol	Name	Market cap	Sector	Industry	Correlation
WWACU	Aeries Technology Inc - Units (1 Ord Class A & 1/2 War)	$41M	N/A	N/A	-1.00
VMW	Vmware Inc - Class A	$62B	N/A	N/A	-1.00
HT	Hersha Hospitality Trust - Class A	$400M	N/A	N/A	-1.00
ARTEU	Artemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)	$263M	N/A	N/A	-1.00
APRN	Blue Apron Holdings Inc - Class A	$100M	N/A	N/A	-1.00
APGB	Apollo Strategic Growth Capital II - Class A	$372M	N/A	N/A	-1.00
AMAO	American Acquisition Opportunity Inc - Class A	$118M	N/A	N/A	-1.00
ALOR	ALSP Orchid Acquisition Corp I - Class A	$22M	N/A	N/A	-1.00
ALORU	ALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)	$22M	N/A	N/A	-1.00
BRLI	Brilliant Acquisition Corp	$5.92M	N/A	N/A	-1.00
BRLIU	Brilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)	$6.42M	N/A	N/A	-0.99
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.95
PLBL	Polibeli Group Ltd	$2.84B	Consumer Cyclical	Department Stores	-0.69
GSRM	Bitcoin Depot Inc - Class A	$54M	N/A	N/A	-0.67
ASIC	Ategrity Specialty Holdings LLC	$1.08B	Financial Services	Insurance - Property & Casualty	-0.66
CPTK	Crown PropTech Acquisitions - Class A	$147M	N/A	N/A	-0.66
IROHU	CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)	$453M	N/A	N/A	-0.62
SASI	Sigma Additive Solutions Inc	$37M	N/A	N/A	-0.62
GIBO	GIBO Holdings Ltd	$106M	Communication Services	Internet Content & Information	-0.60
SI	Shoulder Innovations Inc	$452M	N/A	N/A	-0.54
CLIK	Click Holdings Ltd	$4.19M	Consumer Cyclical	Personal Services	-0.52
NIQ	NIQ Global Intelligence plc	$3.24B	N/A	N/A	-0.51
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.51
CAPS	Capstone Holding Corp	$2.58M	Basic Materials	Building Materials	-0.51
LMNX	Luminex Corp	$620M	N/A	N/A	-0.51
ANGX	Angel Studios Inc - Class A	$709M	Communication Services	Entertainment	-0.50
JCAP	Jefferson Capital Inc	$1.06B	Financial Services	Credit Services	-0.50
CPSR	Gelesis Holdings Inc - Class A	$1.87B	N/A	N/A	-0.49
UBXG	U-BX Technology Ltd	$6.42M	Communication Services	Advertising Agencies	-0.49
CRVO	CervoMed Inc	$28M	Healthcare	Biotechnology	-0.48
LHAI	Linkhome Holdings Inc	$19M	Real Estate	Real Estate Services	-0.47
PGAC	Pantages Capital Acquisition Corp Cl A Ord Shs	$118M	Financial Services	Shell Companies	-0.46
BRO	Brown & Brown Inc	$22B	Financial Services	Insurance Brokers	-0.46
TMDE	TMD Energy Ltd	$21M	Energy	Oil & Gas Midstream	-0.46
RAAQ	Real Asset Acquisition Corp - Class A	$231M	Financial Services	Shell Companies	-0.45
BACC	Blue Acquisition Corp - Class A	$214M	Financial Services	Shell Companies	-0.45

ETFs that lowly correlated with CVRT

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	-1.00
FIYY	GRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF	$732K	1.07%	May 4, 2026	-0.89
BTAL	AGF U.S. MARKET NEUTRAL ANTI-BETA FUND	$283M	1.40%	Sep 13, 2011	-0.84
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.82
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.81
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.80
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.78
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.77
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.77
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.76
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.76
SHRT	GOTHAM SHORT STRATEGIES ETF	$14M	1.35%	Jul 31, 2017	-0.75
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$16M	1.11%	Aug 14, 2024	-0.75
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	$4.70M	N/A	May 15, 2024	-0.74
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.74
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.74
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.74
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.73
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.71
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.71
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	-0.67
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.66
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$8.20M	1.05%	Jul 23, 2024	-0.65
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.65
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.65
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.65
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.63
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.63
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$35M	0.50%	Mar 6, 2024	-0.62
AMDD	T-REX 2X INVERSE AMD DAILY TARGET ETF	$16M	1.03%	Feb 11, 2025	-0.62
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.60
SMCZ	DEFIANCE DAILY TARGET 2X SHORT SMCI ETF	$13M	N/A	Mar 31, 2025	-0.59
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.57
QCMD	Direxion Daily QCOM Bear 1X ETF	$1.70M	1.00%	Jun 24, 2025	-0.57
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$5.20M	N/A	Jan 3, 2024	-0.56
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.56
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.55
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.55
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.54
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.53
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.52
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.52
CRSH	YIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF	$16M	1.05%	May 1, 2024	-0.51
GGLS	Direxion Daily GOOGL Bear 1X ETF	$13M	1.02%	Sep 6, 2022	-0.51
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$7.50M	1.03%	Oct 9, 2024	-0.51
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.51
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.50
PANG	LEVERAGE SHARES 2X LONG PANW DAILY ETF	$8.90M	N/A	Mar 20, 2025	-0.50
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$10M	1.02%	Sep 6, 2022	-0.50
RTXG	Leverage Shares 2X Long RTX Daily ETF	$4.50M	N/A	Jun 5, 2025	-0.50
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.49
BRKU	DIREXION DAILY BRKB BULL 2X SHARES	$45M	N/A	Dec 10, 2024	-0.49
CSCS	Direxion Daily CSCO Bear 1X ETF	$1.70M	1.00%	Jun 24, 2025	-0.48
TSLQ	Tradr 2X Short TSLA Daily ETF	$114M	N/A	Jul 13, 2022	-0.47
TSLS	Direxion Daily TSLA Bear 1X Shares	$66M	0.95%	Aug 8, 2022	-0.47
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.46
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.46
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.46
LDRT	ISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF	$132M	0.07%	Nov 7, 2024	-0.46
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.45
TSDD	GRANITESHARES 2X SHORT TSLA DAILY ETF	$39M	N/A	Aug 21, 2023	-0.45
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.45
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.45