Overview Performance Dividends Metrics Financials ETFs Industry Correlations

75 Stocks and 25 ETFs for diversifying Nuveen Churchill Direct Lending (NCDL)

The least correlated asset to Nuveen Churchill Direct Lending (NCDL) is company Frontier Investment (FICV). The correlation is -1.

Stocks that lowly correlated with NCDL

Symbol	Name	Market cap	Sector	Industry	Correlation
FICV	Frontier Investment Corp - Class A	$83M	N/A	N/A	-1.00
USX	U.S. Xpress Enterprises Inc - Class A	$332M	Industrials	Trucking	-1.00
PARAP	Paramount Global Conv Pfd	$8.99B	N/A	N/A	-0.97
GTERU	Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)	$53M	Financial Services	Shell Companies	-0.80
WNS	WNS Holdings Ltd	$3.31B	N/A	N/A	-0.72
OPTN	OptiNose Inc	$112M	N/A	N/A	-0.67
MPTI	M-tron Industries Inc	$340M	Technology	Electronic Components	-0.61
VNMEU	Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)	$52M	Financial Services	Shell Companies	-0.60
ADOCR	Australian Oilseeds Holdings Ltd	$985K	N/A	N/A	-0.60
CCIIW	Cohen Circle Acquisition Corp II - Warrants(01/07/2030)	$3.81M	N/A	N/A	-0.59
LCCCR	Lakeshore Acquisition III Corp	$349K	N/A	N/A	-0.58
LITB	LightInTheBox Holding Co Ltd	$60M	Consumer Cyclical	Internet Retail	-0.53
HYAC	Haymaker Acquisition Corp. 4	$330M	Financial Services	Shell Companies	-0.51
HOND	HCM II Acquisition Corp. Class A Ordinary Shares	$519M	Financial Services	Shell Companies	-0.50
WETO	Wetour Robotics Ltd	$11M	Technology	Software - Infrastructure	-0.50
AZI	Autozi Internet Technology (Global) Ltd - Class A	$9.05M	Consumer Cyclical	Auto & Truck Dealerships	-0.50
LOAR	Loar Holdings Inc	$6.61B	Industrials	Aerospace & Defense	-0.49
RUBI	Rubico Inc	$91M	Industrials	Marine Shipping	-0.49
OYSE	Oyster Enterprises II Acquisition Corp	$268M	Financial Services	Shell Companies	-0.49
WYFI	Whitefiber Inc	$1.13B	Technology	Information Technology Services	-0.46
EBR	Centrais Eletricas Brasileiras S.A.	$25B	Utilities	Utilities - Renewable	-0.46
VMEO	Vimeo Inc	$1.28B	Technology	Software - Application	-0.46
TVAIR	Thayer Ventures Acquisition Corporation II Rights	$166K	N/A	N/A	-0.46
BSAA	BEST SPAC I Acquisition Corp - Class A	$63M	Financial Services	Shell Companies	-0.46
EMPG	Empro Group Inc	$139M	Healthcare	Medical Distribution	-0.46
AREC	American Resources Corporation - Class A	$195M	Basic Materials	Coking Coal	-0.45
NAOV	NanoVibronix Inc	$15M	Healthcare	Medical Devices	-0.45
SOAR	Volato Group Inc - Class A	$3.79M	Industrials	Airports & Air Services	-0.44
IVCPU	AleAnna Inc - Units (1 Ord Share Class A & 1/2 War)	$308M	N/A	N/A	-0.44
PMTR	Perimeter Acquisition Corp I - Class A	$258M	Financial Services	Shell Companies	-0.44
SPKLU	Spark I Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$82M	Financial Services	Shell Companies	-0.44
PMI	Picard Medical Inc	$11M	Healthcare	Medical Devices	-0.43
BCARU	D. Boral ARC Acquisition I Corp Units	$157M	Financial Services	Shell Companies	-0.43
SPKL	Spark I Acquisition Corp - Class A	$81M	Financial Services	Shell Companies	-0.43
FTRK	Fast Track Group.	$9.53M	Communication Services	Entertainment	-0.43
PIRS	Pieris Pharmaceuticals Inc	$24M	N/A	N/A	-0.42
MRCY	Mercury Systems Inc	$6.13B	Industrials	Aerospace & Defense	-0.42
EFTY	Etoiles Capital Group Co Ltd - Class A	$287M	Industrials	Consulting Services	-0.42
WFF	WF Holding Ltd	$12M	Industrials	Specialty Industrial Machinery	-0.42
RNLX	Renalytix Plc	$295M	N/A	N/A	-0.41
XRPN	Armada Acquisition Corp II - Class A	$330M	Financial Services	Shell Companies	-0.41
BOWN	Bowen Acquisition Corp	$21M	Financial Services	Shell Companies	-0.41
DM	Desktop Metal Inc - Class A	$165M	N/A	N/A	-0.41
MWYN	Marwynn Holdings Inc	$20M	Consumer Cyclical	Furnishings, Fixtures & Appliances	-0.41
BTU	Peabody Energy Corp New	$2.87B	Energy	Thermal Coal	-0.41
IPODU	Dune Acquisition Corp II - Units (1 Ord Cls A & 1 War)	$156M	Financial Services	Shell Companies	-0.41
SRTA	Strata Critical Medical Inc Cl A Com	$462M	Healthcare	Medical Care Facilities	-0.41
HMR	Sports Properties Acquisition Corp	$65M	Industrials	Marine Shipping	-0.41
APLM	Apollomics Inc - Class A	$41M	Healthcare	Biotechnology	-0.41
CCIIU	Cohen Circle Acquisition Corp II - Units (1 Ord Cls A & 1/4 War)	$80M	Financial Services	Shell Companies	-0.40
TE-WS	T1 Energy Inc Wt Exp	$19M	N/A	N/A	-0.40
HCMAU	HCM III Acquisition Corp - Units (1 Ord Cls A & 1 War)	$77M	Financial Services	Shell Companies	-0.40
CGCT	Cartesian Growth Corporation III Class A Ordinary Shares	$283M	Financial Services	Shell Companies	-0.40
PTWOU	SBC Medical Group Holdings Inc - Units (1 Ord Class A & 1 War)	$1.13B	N/A	N/A	-0.40
TATT	TAT Technologies Ltd	$545M	Industrials	Aerospace & Defense	-0.40
MACIU	Melar Acquisition Corp I - Units (1 Ord Class A & 1 War)	$178M	Financial Services	Shell Companies	-0.40
CNC	Centene Corp	$33B	Healthcare	Healthcare Plans	-0.40
INACU	Indigo Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$34M	Financial Services	Shell Companies	-0.40
VWAV	VisionWave Holdings Inc	$85M	Industrials	Aerospace & Defense	-0.39
CCCX	Churchill Capital Corp X - Class A	$570M	Financial Services	Shell Companies	-0.39
CCII	Cohen Circle Acquisition Corp II - Class A	$269M	Financial Services	Shell Companies	-0.39
PLMI	Plum Acquisition Corp I - Class A	$192M	N/A	N/A	-0.39
NUTR	Nusatrip Inc	$174M	Consumer Cyclical	Travel Services	-0.39
GATEU	Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)	$340M	Financial Services	Shell Companies	-0.39
GATE	VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF	$425M	Financial Services	Shell Companies	-0.39
GTERR	Globa Terra Acquisition Corporation Rights	$407K	N/A	N/A	-0.39
NPAC	New Providence Acquisition Corp III - Class A	$398M	Financial Services	Shell Companies	-0.38
HYLN	Hyliion Holdings Corporation - Class A	$703M	Consumer Cyclical	Auto Parts	-0.38
AIRO	AIRO Group Holdings Inc	$212M	Industrials	Aerospace & Defense	-0.38
SUPX	Super X AI Technology Ltd	$228M	Technology	Software - Infrastructure	-0.38
BUSEP	First Busey Corp	$2.21B	Financial Services	Banks - Regional	-0.38
SDHIR	Siddhi Acquisition Corp	$1.13M	N/A	N/A	-0.38
TRP	TC Energy Corporation	$72B	Energy	Oil & Gas Midstream	-0.38
PEPG	PepGen Inc	$169M	Healthcare	Biotechnology	-0.37
LSH	Lakeside Holding Ltd	$12M	Industrials	Integrated Freight & Logistics	-0.37

ETFs that lowly correlated with NCDL

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
EMEM	SOPHUS CAPITAL EMERGING MARKET ETF	$61M	0.65%	May 19, 2026	-0.57
BAIG	LEVERAGE SHARES 2X LONG BBAI DAILY ETF	$14M	N/A	Aug 20, 2025	-0.53
HECA	HEDGEYE CAPITAL ALLOCATION ETF	$312M	1.30%	Jun 30, 2025	-0.52
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.48
QPUX	Defiance 2X Daily Long Pure Quantum ETF	$53M	N/A	Aug 6, 2025	-0.48
GLGG	LEVERAGE SHARES 2X LONG GLXY DAILY ETF	$2.80M	N/A	Aug 20, 2025	-0.48
SBIL	Simplify Government Money Market ETF	$5B	0.15%	Jul 14, 2025	-0.46
TSII	REX TSLA GROWTH & INCOME ETF	$41M	N/A	Jun 3, 2025	-0.45
BLTD	BLUEMONTE LONG TERM BOND ETF	$166M	0.23%	Jun 20, 2025	-0.45
TLTX	GLOBAL X TREASURY BOND ENHANCED INCOME ETF	$14M	0.29%	Jul 15, 2025	-0.45
GLXU	T-REX 2X LONG GLXY DAILY TARGET ETF	$18M	N/A	Aug 7, 2025	-0.45
TSLW	ROUNDHILL TSLA WEEKLYPAY ETF	$101M	N/A	Feb 18, 2025	-0.45
METD	DIREXION DAILY META BEAR 1X SHARES	$7.90M	1.02%	Jun 5, 2024	-0.44
NOWL	GRANITESHARES 2X LONG NOW DAILY ETF	$286M	N/A	Jul 14, 2025	-0.43
TAIL	CAMBRIA TAIL RISK ETF	$147M	0.59%	Apr 5, 2017	-0.43
AMZD	DIREXION DAILY AMZN BEAR 1X SHARES	$10M	1.02%	Sep 6, 2022	-0.41
SGVT	SCHWAB GOVERNMENT MONEY MARKET ETF	$770M	0.28%	Jun 11, 2025	-0.40
TSLI	GRANITESHARES 1X SHORT TSLA DAILY ETF	$5.80M	N/A	Sep 8, 2025	-0.40
ASMH	ASML HOLDING NV ADRHEDGED(TM)	$6.80M	0.19%	Mar 13, 2025	-0.40
PVI	INVESCO FLOATING RATE MUNICIPAL INCOME ETF	$34M	0.25%	Nov 15, 2007	-0.40
YANG	DIREXION DAILY FTSE CHINA BEAR 3X SHARES	$104M	N/A	Dec 3, 2009	-0.39
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.39
BFRZ	Innovator Equity Managed 100 Buffer ETF	$137M	0.89%	May 12, 2025	-0.39
AUSM	Allspring Ultra Short Municipal ETF	$31M	0.18%	Jul 7, 2025	-0.38
BDBT	BLUEMONTE CORE BOND ETF	$480M	0.23%	Jun 20, 2025	-0.38