16 Stocks and 84 ETFs for diversifying CWB (STATE STREET(R) SPDR(R) BLOOMBERG CONVERTIBLE SECURITIES ETF)
The least correlated asset to CWB (STATE STREET(R) SPDR(R) BLOOMBERG CONVERTIBLE SECURITIES ETF) is ETF RWM (PROSHARES SHORT RUSSELL2000). The correlation is -0.8739.
Stocks that lowly correlated with CWB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.69 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.64 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.59 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.58 |
| GIBO | GIBO Holdings Ltd | $106M | Communication Services | Internet Content & Information | -0.49 |
| UBXG | U-BX Technology Ltd | $6.42M | Communication Services | Advertising Agencies | -0.49 |
| APAD | Enhanced Group Inc - Class A | $161M | Financial Services | Shell Companies | -0.48 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.47 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.45 |
| NIQ | NIQ Global Intelligence plc | $3.24B | N/A | N/A | -0.45 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.44 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.44 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.44 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.43 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.42 |
| DLXY | Delixy Holdings Ltd | $7.64M | Energy | Oil & Gas Refining & Marketing | -0.41 |