Overview Performance Metrics Financials ETFs Industry Correlations

39 Stock and 61 ETF NMI (NMIH) alternatives

The most close NMI (NMIH) alternative is company MGIC Investment (MTG). The correlation is 0.866.

Stocks that highly correlated with NMIH

Symbol	Name	Market cap	Sector	Industry	Correlation
MTG	MGIC Investment Corp	$5.51B	Financial Services	Insurance - Specialty	0.87
RDN	Radian Group Inc	$4.76B	Financial Services	Insurance - Specialty	0.85
ESNT	Essent Group Ltd	$5.53B	Financial Services	Insurance - Specialty	0.84
JBS	JBS N.V. - Class A	$14B	Consumer Defensive	Packaged Foods	0.72
AMRZ	Amrize Ltd	$29B	Basic Materials	Building Materials	0.69
OSW	OneSpaWorld Holdings Ltd	$2.49B	Consumer Cyclical	Leisure	0.69
EPRT	Essential Properties Realty Trust Inc	$6.76B	Real Estate	Reit - Retail	0.68
ASIC	Ategrity Specialty Holdings LLC	$969M	Financial Services	Insurance - Property & Casualty	0.67
FMST	FINISHMASTER INC	$24M	Basic Materials	Other Industrial Metals & Mining	0.67
RCB	Ready Capital Corp	$3.99B	N/A	Other	0.66
BCSF	Bain Capital Specialty Finance Inc	$869M	Financial Services	Asset Management	0.66
ARCC	Ares Capital Corp	$14B	Financial Services	Asset Management	0.65
ADAMM	Adamas Trust Inc	$2.28B	Real Estate	Reit - Mortgage	0.65
SFD	Smithfield Foods Inc	$11B	Consumer Defensive	Packaged Foods	0.65
RITM	Rithm Capital Corporation	$5.19B	Real Estate	Reit - Mortgage	0.65
BFS-P-D	Saul Centers Inc	$516M	N/A	Other	0.64
CFG	Citizens Financial Group Inc	$27B	Financial Services	Banks - Regional	0.63
ACR-P-C	ACRES Commercial Realty Corp	$186M	N/A	N/A	0.63
ACOG	Alpha Cognition Inc	$125M	Healthcare	Biotechnology	0.63
ECCX	Eagle Point Credit Company Inc. 6.6875% Notes due 2028	$452M	Financials	Investment Banking & Investment Services	0.63
HBT	HBT Financial Inc	$1.04B	Financial Services	Banks - Regional	0.63
SYF	Synchrony Financial	$24B	Financial Services	Credit Services	0.63
TCBI	Texas Capital Bancshares Inc	$4.33B	Financial Services	Banks - Regional	0.63
RF	Regions Financial Corp	$24B	Financial Services	Banks - Regional	0.63
HWC	Hancock Whitney Corp	$5.50B	Financial Services	Banks - Regional	0.63
BBDC	Barings BDC Inc	$905M	Financial Services	Asset Management	0.62
BSVN	Bank7 Corp	$419M	Financial Services	Banks - Regional	0.62
HBAN	Huntington Bancshares Inc	$32B	Financial Services	Banks - Regional	0.62
VEL	Velocity Financial Inc	$683M	Financial Services	Mortgage Finance	0.62
FITB	Fifth Third Bancorp	$45B	Financial Services	Banks - Regional	0.62
AER	Aercap Holdings N.V.	$24B	Industrials	Rental & Leasing Services	0.62
PB	Prosperity Bancshares Inc	$6.95B	Financial Services	Banks - Regional	0.61
ALLY	Ally Financial Inc	$13B	Financial Services	Credit Services	0.61
AMP	Ameriprise Financial Inc	$41B	Financial Services	Asset Management	0.61
BYD	Boyd Gaming Corp	$6.15B	Consumer Cyclical	Resorts & Casinos	0.61
HTGC	Hercules Capital Inc	$2.90B	Financial Services	Asset Management	0.61
COF	Capital One Financial Corp	$116B	Financial Services	Credit Services	0.61
NTB	Bank of N T Butterfield & Son Ltd	$2.25B	Financial Services	Banks - Diversified	0.61
PH	Parker-Hannifin Corp	$108B	Industrials	Specialty Industrial Machinery	0.61

ETFs that highly correlated with NMIH

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$39M	3.36%	Dec 27, 2006	0.86
BSJW	Invesco BulletShares 2032 High Yield Corporate Bond ETF	$38M	0.42%	Jun 12, 2024	0.71
LIVR	Intelligent Livermore ETF	$18M	0.69%	Sep 17, 2024	0.70
LITL	Simplify Piper Sandler US SmallCap PLUS Income ETF	$5.50M	0.91%	Apr 28, 2025	0.68
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$2.30B	2.11%	May 15, 2018	0.67
SMHB	UBS AG London Branch	$21M	N/A	Nov 8, 2018	0.67
AVUV	AVANTIS U.S. SMALL CAP VALUE ETF	$26B	0.25%	Sep 24, 2019	0.66
HIPS	GraniteShares HIPS US High Income ETF	$105M	1.17%	Jan 7, 2015	0.65
OAKM	OAKMARK U.S. LARGE CAP ETF	$1.10B	0.59%	Dec 3, 2024	0.65
XIDV	Franklin International Dividend Multiplier Index ETF	$56M	0.19%	Jan 21, 2025	0.65
VPC	VIRTUS PRIVATE CREDIT STRATEGY ETF	$33M	10.60%	Feb 7, 2019	0.65
CGMM	CAPITAL GROUP U.S. SMALL AND MID CAP ETF SHARE CLASS	$2.50B	0.51%	Jan 14, 2025	0.65
SMDX	INTECH S&P SMALL-MID CAP DIVERSIFIED ALPHA ETF	$126M	0.35%	Feb 27, 2025	0.64
CVNY	YIELDMAX(R) CVNA OPTION INCOME STRATEGY ETF	$22M	1.09%	Jan 29, 2025	0.64
BIZD	VANECK BDC INCOME ETF	$1.60B	9.69%	Feb 11, 2013	0.64
DVLU	FIRST TRUST DORSEY WRIGHT MOMENTUM & VALUE ETF	$44M	0.60%	Sep 5, 2018	0.64
FAS	DIREXION DAILY FINANCIAL BULL 3X SHARES	$2.10B	N/A	Nov 6, 2008	0.64
SEIE	SEI SELECT INTERNATIONAL EQUITY ETF	$1B	0.50%	Oct 8, 2024	0.64
KBE	SPDR(R) S&P BANK ETF	$1.50B	0.35%	Nov 8, 2005	0.63
IBHK	ISHARES IBONDS 2031 TERM HIGH YIELD AND INCOME ETF	$57M	0.35%	May 22, 2024	0.63
DMX	DOUBLELINE MULTI-SECTOR INCOME ETF	$86M	0.50%	Nov 29, 2024	0.63
AOHY	ANGEL OAK HIGH YIELD OPPORTUNITIES ETF	$120M	0.56%	Mar 31, 2009	0.63
UYG	PROSHARES ULTRA FINANCIALS	$714M	N/A	Jan 30, 2007	0.63
BUFF	Innovator Laddered Allocation Power Buffer ETF	$834M	0.89%	Oct 20, 2016	0.63
ARDC	Ares Dynamic Credit Allocation Fund Inc	$325M	N/A	N/A	0.63
ASLV	ALLSPRING SPECIAL LARGE VALUE ETF	$223M	0.35%	Mar 26, 2025	0.63
BRHY	BlackRock High Yield ETF	$100M	0.45%	Jun 17, 2024	0.62
KBWD	INVESCO KBW HIGH DIVIDEND YIELD FINANCIAL ETF	$448M	5.39%	Dec 2, 2010	0.62
FNK	FIRST TRUST MID CAP VALUE ALPHADEX FUND	$217M	0.74%	Apr 19, 2011	0.62
VFVA	VANGUARD U.S. VALUE FACTOR ETF ETF SHARES	$815M	0.13%	Feb 13, 2018	0.62
CVY	INVESCO ZACKS MULTI-ASSET INCOME ETF	$119M	1.21%	Sep 21, 2006	0.62
HOMZ	HOYA CAPITAL HOUSING ETF	$35M	0.30%	Mar 19, 2019	0.62
IYG	ISHARES U.S. FINANCIAL SERVICES ETF	$2B	0.38%	Jun 12, 2000	0.62
SYFI	AB SHORT DURATION HIGH YIELD ETF	$895M	0.40%	Dec 7, 2011	0.62
OSCV	OPUS SMALL CAP VALUE ETF	$682M	0.79%	Jul 18, 2018	0.62
PHYL	PGIM ACTIVE HIGH YIELD BOND ETF	$1.30B	0.39%	Sep 24, 2018	0.62
MDIV	MULTI-ASSET DIVERSIFIED INCOME INDEX FUND	$417M	0.71%	Aug 13, 2012	0.62
EZM	WISDOMTREE U.S. MIDCAP FUND	$886M	0.38%	Feb 23, 2007	0.62
PSCF	INVESCO S&P SMALLCAP FINANCIALS ETF	$25M	0.29%	Apr 7, 2010	0.62
BNKU	Bank of Montreal	$32M	N/A	Feb 20, 2025	0.62
FXO	FIRST TRUST FINANCIALS ALPHADEX FUND	$1.10B	0.60%	May 8, 2007	0.62
UPGD	INVESCO BLOOMBERG ANALYST RATING IMPROVERS ETF	$113M	0.40%	May 19, 2006	0.62
VFH	VANGUARD FINANCIALS INDEX FUND ETF SHARES	$14B	0.09%	Jan 26, 2004	0.62
FNCL	FIDELITY MSCI FINANCIALS INDEX ETF	$2.20B	0.08%	Oct 21, 2013	0.62
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$1.10B	0.43%	Aug 9, 2018	0.61
TXUE	THORNBURG INTERNATIONAL EQUITY ETF	$445M	0.65%	Jan 21, 2025	0.61
TPSC	TIMOTHY PLAN US SMALL CAP CORE ETF	$333M	0.52%	Dec 2, 2019	0.61
FAB	FIRST TRUST MULTI CAP VALUE ALPHADEX FUND	$139M	0.66%	May 8, 2007	0.61
BDCZ	BDCZ	$12M	0.85%	Oct 9, 2015	0.61
DFNL	DAVIS SELECT FINANCIAL ETF	$469M	0.61%	Jan 11, 2017	0.61
CPSP	Calamos S&P 500 Structured Alt Protection ETF April	$19M	0.69%	Apr 1, 2025	0.61
FTXO	FIRST TRUST NASDAQ BANK ETF	$314M	0.60%	Sep 20, 2016	0.61
SPVM	INVESCO S&P 500 VALUE WITH MOMENTUM ETF	$120M	0.39%	Jun 16, 2011	0.61
DON	WISDOMTREE U.S. MIDCAP DIVIDEND FUND	$3.90B	0.38%	Jun 16, 2006	0.61
IYF	ISHARES U.S. FINANCIALS ETF	$3.40B	0.38%	May 22, 2000	0.61
SRET	GLOBAL X SUPERDIVIDEND REIT ETF	$237M	0.58%	Mar 16, 2015	0.61
AFMC	FIRST TRUST ACTIVE FACTOR MID CAP ETF	$153M	0.68%	Dec 3, 2019	0.61
LONZ	PIMCO Senior Loan Active ExchangeTraded Fund	$379M	0.63%	Jun 8, 2022	0.61
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.61
ISCV	ISHARES MORNINGSTAR SMALL-CAP VALUE ETF	$651M	0.06%	Jun 28, 2004	0.61
MIDU	DIREXION DAILY MID CAP BULL 3X SHARES	$84M	N/A	Jan 8, 2009	0.61