12 Stocks and 88 ETFs for diversifying NCV (Virtus Convertible & Income Fund)
The least correlated asset to NCV (Virtus Convertible & Income Fund) is ETF TSMZ (DIREXION DAILY TSM BEAR 1X SHARES). The correlation is -0.8536.
Stocks that lowly correlated with NCV
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.69 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.57 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.56 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.52 |
| MCTR | CTRL Group Ltd | $15M | Communication Services | Advertising Agencies | -0.52 |
| ASIC | Ategrity Specialty Holdings LLC | $1.08B | Financial Services | Insurance - Property & Casualty | -0.50 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.47 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.44 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.44 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.43 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.42 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.42 |