Overview Performance Dividends Correlations

9 Stock and 91 ETF GDL (GDL Fund) alternatives

The most close GDL (GDL Fund) alternative is ETF CEFZ (RIVERNORTH ACTIVE INCOME ETF). The correlation is 0.984.

Stocks that highly correlated with GDL

Symbol	Name	Market cap	Sector	Industry	Correlation
ALTS	ALT5 Sigma Corporation Common Stock	$4.90B	Technology	Software - Application	0.86
EFC-P-A	Ellington Financial Inc	$3.14B	N/A	Other	0.84
COWNL	Cowen Inc	$796M	N/A	N/A	0.84
OXSQZ	Oxford Square Capital Corp	$1.85B	N/A	Other	0.84
VYLD	J P Morgan Chase & Co Inverse VIX ShortTerm Futures ETNs due March 22 2045	$78B	N/A	N/A	0.83
ADAMM	Adamas Trust Inc	$2.28B	Real Estate	Reit - Mortgage	0.82
DX-P-C	Dynex Capital Inc	$5.39B	N/A	N/A	0.81
ADAMN	Adamas Trust Inc	$2.11B	Real Estate	Reit - Mortgage	0.80
CHMI-P-B	Cherry Hill Mortgage Investment Corporation	$861M	N/A	Other	0.80

ETFs that highly correlated with GDL

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$39M	3.36%	Dec 27, 2006	0.98
PFLD	AAM LOW DURATION PREFERRED AND INCOME SECURITIES ETF	$424M	0.45%	Nov 19, 2019	0.88
RDTY	YIELDMAX(R) R2000 0DTE COVERED CALL STRATEGY ETF	$15M	1.73%	Mar 5, 2025	0.86
RYLD	GLOBAL X RUSSELL 2000 COVERED CALL ETF	$1.30B	0.60%	Apr 18, 2019	0.85
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$1.10B	0.43%	Aug 9, 2018	0.85
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$2.30B	2.11%	May 15, 2018	0.85
YLD	PRINCIPAL ACTIVE HIGH YIELD ETF (FORMERLY PRINCIPAL ACTIVE INCOME ETF)	$524M	0.39%	Jul 8, 2015	0.85
BSJR	INVESCO BULLETSHARES 2027 HIGH YIELD CORPORATE BOND ETF	$824M	0.42%	Sep 12, 2019	0.84
SEIX	VIRTUS SEIX SENIOR LOAN ETF	$242M	0.57%	Apr 23, 2019	0.84
FCEF	FIRST TRUST INCOME OPPORTUNITIES ETF	$75M	3.69%	Sep 27, 2016	0.84
HYZD	WISDOMTREE INTEREST RATE HEDGED HIGH YIELD BOND FUND	$232M	0.43%	Dec 18, 2013	0.83
SHYL	XTRACKERS SHORT DURATION HIGH YIELD BOND ETF	$261M	0.20%	Jan 9, 2018	0.83
PHYL	PGIM ACTIVE HIGH YIELD BOND ETF	$1.30B	0.39%	Sep 24, 2018	0.83
TRPA	Hartford AAA CLO ETF	$101M	0.24%	May 30, 2018	0.83
NUHY	NUVEEN ESG HIGH YIELD CORPORATE BOND ETF	$108M	0.30%	Sep 25, 2019	0.83
KMAR	Innovator U.S. Small Cap Power Buffer ETF March	$35M	0.79%	Feb 28, 2025	0.83
YYY	AMPLIFY CEF HIGH INCOME ETF	$712M	3.23%	Jun 12, 2012	0.83
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.83
HYS	PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND	$1.70B	0.56%	Jun 16, 2011	0.83
ALTY	GLOBAL X ALTERNATIVE INCOME ETF	$45M	0.50%	Jul 13, 2015	0.83
SPHY	SPDR PORTFOLIO HIGH YIELD BOND ETF	$11B	0.05%	Jun 18, 2012	0.82
PCEF	INVESCO CEF INCOME COMPOSITE ETF	$836M	2.71%	Feb 19, 2010	0.82
SPUT	Innovator Equity Premium Income Daily PutWrite ETF	$14M	0.79%	Mar 13, 2025	0.82
HYUP	XTRACKERS HIGH BETA HIGH YIELD BOND ETF	$44M	0.20%	Jan 11, 2018	0.82
REVS	COLUMBIA RESEARCH ENHANCED VALUE ETF	$284M	0.19%	Sep 25, 2019	0.82
PFEB	Innovator U.S. Equity Power Buffer ETF - February	$921M	0.79%	Jan 31, 2020	0.82
FLHY	FRANKLIN HIGH YIELD CORPORATE ETF	$1.10B	0.40%	May 30, 2018	0.82
BBHY	JPMORGAN BETABUILDERS USD HIGH YIELD CORPORATE BOND ETF	$607M	0.07%	Sep 15, 2016	0.82
SHYG	ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF	$7.60B	0.30%	Oct 15, 2013	0.82
USHY	ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF	$26B	0.08%	Oct 25, 2017	0.82
HYDB	ISHARES HIGH YIELD SYSTEMATIC BOND ETF	$1.50B	0.35%	Jul 11, 2017	0.82
IYRI	NEOS REAL ESTATE HIGH INCOME ETF	$259M	0.68%	Jan 14, 2025	0.82
SJNK	SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF	$4.80B	0.40%	Mar 14, 2012	0.82
IYLD	ISHARES MORNINGSTAR MULTI-ASSET INCOME ETF	$129M	0.50%	Apr 3, 2012	0.82
AVUS	AVANTIS U.S. EQUITY ETF	$12B	0.15%	Sep 24, 2019	0.81
ZMAR	Innovator Equity Defined Protection ETF 1 Yr March	$121M	0.79%	Feb 28, 2025	0.81
HYGH	ISHARES INTEREST RATE HEDGED HIGH YIELD BOND ETF	$485M	0.52%	May 27, 2014	0.81
AUSF	GLOBAL X ADAPTIVE U.S. FACTOR ETF	$872M	0.27%	Aug 24, 2018	0.81
ASLV	ALLSPRING SPECIAL LARGE VALUE ETF	$223M	0.35%	Mar 26, 2025	0.81
FPEI	FIRST TRUST INSTITUTIONAL PREFERRED SECURITIES AND INCOME ETF	$1.90B	0.85%	Aug 22, 2017	0.81
RAFE	PIMCO RAFI ESG U.S. ETF	$140M	0.29%	Dec 18, 2019	0.81
MDIV	MULTI-ASSET DIVERSIFIED INCOME INDEX FUND	$417M	0.71%	Aug 13, 2012	0.81
FALN	ISHARES FALLEN ANGELS USD BOND ETF	$1.80B	0.25%	Jun 14, 2016	0.81
KOCT	Innovator U.S. Small Cap Power Buffer ETF - October	$142M	0.79%	Sep 30, 2019	0.81
HYLB	XTRACKERS USD HIGH YIELD CORPORATE BOND ETF	$3.40B	0.05%	Dec 6, 2016	0.81
INKM	SPDR SSGA INCOME ALLOCATION ETF	$76M	0.50%	Apr 25, 2012	0.81
SOR	Source Capital Inc	$405M	N/A	N/A	0.81
KJAN	Innovator U.S. Small Cap Power Buffer ETF - January	$326M	0.79%	Dec 31, 2019	0.80
SCD	LMP Capital and Income Fund Inc	$391M	N/A	N/A	0.80
BFEB	Innovator U.S. Equity Buffer ETF - February	$236M	0.79%	Jan 31, 2020	0.80
AVDV	AVANTIS INTERNATIONAL SMALL CAP VALUE ETF	$19B	0.36%	Sep 24, 2019	0.80
TPLC	TIMOTHY PLAN US LARGE/MID CAP CORE ETF	$359M	0.52%	Apr 30, 2019	0.80
AFLG	FIRST TRUST ACTIVE FACTOR LARGE CAP ETF	$609M	0.55%	Dec 3, 2019	0.80
VRP	INVESCO VARIABLE RATE PREFERRED ETF	$2.60B	0.50%	May 1, 2014	0.80
GHYB	GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF	$124M	0.15%	Sep 5, 2017	0.80
GHY	PGIM Global High Yield Fund Inc	$533M	N/A	N/A	0.80
FPE	FIRST TRUST PREFERRED SECURITIES AND INCOME ETF	$6.40B	0.83%	Feb 11, 2013	0.80
AFMC	FIRST TRUST ACTIVE FACTOR MID CAP ETF	$153M	0.68%	Dec 3, 2019	0.80
PJAN	Innovator U.S. Equity Power Buffer ETF - January	$1.60B	0.79%	Dec 31, 2018	0.80
GAL	SPDR SSGA GLOBAL ALLOCATION ETF	$307M	0.35%	Apr 25, 2012	0.80
JNK	SPDR(R) BLOOMBERG HIGH YIELD BOND ETF	$7.30B	0.40%	Nov 28, 2007	0.80
PFFR	INFRACAP REIT PREFERRED ETF	$118M	0.45%	Feb 7, 2017	0.80
ISD	PGIM High Yield Bond Fund Inc	$461M	N/A	N/A	0.80
HYG	ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF	$17B	0.49%	Apr 4, 2007	0.80
FCPI	FIDELITY STOCKS FOR INFLATION ETF	$272M	0.15%	Nov 5, 2019	0.80
BDEC	Innovator U.S. Equity Buffer ETF - December	$248M	0.79%	Nov 29, 2019	0.80
QLV	FLEXSHARES US QUALITY LOW VOLATILITY INDEX FUND	$170M	0.08%	Jul 15, 2019	0.80
EAD	Allspring Income Opportunities Fund	$426M	N/A	N/A	0.80
PFFL	ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25 2048	$4.90M	N/A	Sep 26, 2018	0.80
DMX	DOUBLELINE MULTI-SECTOR INCOME ETF	$86M	0.50%	Nov 29, 2024	0.80
LIVR	Intelligent Livermore ETF	$18M	0.69%	Sep 17, 2024	0.80
FNOV	FT VEST U.S. EQUITY BUFFER ETF - NOVEMBER	$1.20B	0.85%	Nov 15, 2019	0.80
FDHY	FIDELITY ENHANCED HIGH YIELD ETF	$497M	0.35%	Jun 12, 2018	0.79
AVDE	AVANTIS INTERNATIONAL EQUITY ETF	$16B	0.23%	Sep 24, 2019	0.79
BAUG	Innovator U.S. Equity Buffer ETF - August	$193M	0.79%	Jul 31, 2019	0.79
IFLN	Invesco Fundamental High Yield Corporate Bond ETF	$286M	0.23%	Nov 15, 2007	0.79
QHY	WISDOMTREE U.S. HIGH YIELD CORPORATE BOND FUND	$239M	0.38%	Apr 27, 2016	0.79
FSMD	FIDELITY SMALL-MID MULTIFACTOR ETF	$2.40B	0.15%	Feb 26, 2019	0.79
PDEC	Innovator U.S. Equity Power Buffer ETF - December	$1B	0.79%	Nov 29, 2019	0.79
BJAN	Innovator U.S. Equity Buffer ETF - January	$381M	0.79%	Dec 31, 2018	0.79
OMAH	VISTASHARES TARGET 15 BERKSHIRE SELECT INCOME ETF	$749M	0.95%	Mar 4, 2025	0.79
GGZ	Gabelli Global Small and Mid Cap Value Trust	$138M	N/A	N/A	0.79
TY	Tri-Continental Corp	$2B	N/A	N/A	0.79
JRI	Nuveen Real Asset Income and Growth Fund	$498M	N/A	N/A	0.79
VLT	Invesco High Income Trust II	$71M	N/A	N/A	0.79
GYLD	ARROW DOW JONES GLOBAL YIELD ETF	$32M	0.75%	May 8, 2012	0.79
PGHY	INVESCO GLOBAL EX-US HIGH YIELD CORPORATE BOND ETF	$212M	0.35%	Jun 20, 2013	0.79
IGA	Voya Global Advantage and Premium Opportunity Fund	$162M	N/A	N/A	0.79
TPHD	TIMOTHY PLAN HIGH DIVIDEND STOCK ETF	$360M	0.52%	Apr 30, 2019	0.79
BNOV	Innovator U.S. Equity Buffer ETF - November	$233M	0.79%	Oct 31, 2019	0.79
FAUG	FT VEST U.S. EQUITY BUFFER ETF - AUGUST	$1.10B	0.85%	Nov 6, 2019	0.79