Overview Performance Metrics Financials ETFs Industry Correlations

42 Stock and 58 ETF NMI (NMIH) alternatives

The most close NMI (NMIH) alternative is company MGIC Investment (MTG). The correlation is 0.8615.

Stocks that highly correlated with NMIH

Symbol	Name	Market cap	Sector	Industry	Correlation
MTG	MGIC Investment Corp	$5.99B	Financial Services	Insurance - Specialty	0.86
ESNT	Essent Group Ltd	$5.92B	Financial Services	Insurance - Specialty	0.85
RDN	Radian Group Inc	$5.09B	Financial Services	Insurance - Specialty	0.85
AVBC	Avidia Bancorp Inc	$407M	Financial Services	Banks - Regional	0.74
ASIC	Ategrity Specialty Holdings LLC	$1.08B	Financial Services	Insurance - Property & Casualty	0.74
OSW	OneSpaWorld Holdings Ltd	$2.70B	Consumer Cyclical	Leisure	0.69
EPRT	Essential Properties Realty Trust Inc	$6.77B	Real Estate	Reit - Retail	0.68
ACOG	Alpha Cognition Inc	$181M	Healthcare	Biotechnology	0.67
RCB	Ready Capital Corp	$3.99B	N/A	Other	0.66
BCSF	Bain Capital Specialty Finance Inc	$834M	Financial Services	Asset Management	0.66
ADAMM	Adamas Trust Inc	$2.27B	Real Estate	Reit - Mortgage	0.65
RITM	Rithm Capital Corporation	$5.15B	Real Estate	Reit - Mortgage	0.65
LSBK	Lake Shore Bancorp Inc	$134M	Financial Services	Banks - Regional	0.65
ARCC	Ares Capital Corp	$14B	Financial Services	Asset Management	0.65
ACR-P-C	ACRES Commercial Realty Corp	$181M	N/A	N/A	0.64
BFS-P-D	Saul Centers Inc	$516M	N/A	Other	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	$1.17B	Financial Services	Banks - Regional	0.63
CFG	Citizens Financial Group Inc	$30B	Financial Services	Banks - Regional	0.63
TCBI	Texas Capital Bancshares Inc	$4.58B	Financial Services	Banks - Regional	0.62
RF	Regions Financial Corp	$27B	Financial Services	Banks - Regional	0.62
SYF	Synchrony Financial	$25B	Financial Services	Credit Services	0.62
BSVN	Bank7 Corp	$493M	Financial Services	Banks - Regional	0.62
BBDC	Barings BDC Inc	$898M	Financial Services	Asset Management	0.62
HWC	Hancock Whitney Corp	$6.25B	Financial Services	Banks - Regional	0.62
GBDC	Golub Capital BDC Inc	$3.39B	Financial Services	Asset Management	0.62
AER	Aercap Holdings N.V.	$25B	Industrials	Rental & Leasing Services	0.61
VEL	Velocity Financial Inc	$677M	Financial Services	Mortgage Finance	0.61
AMP	Ameriprise Financial Inc	$49B	Financial Services	Asset Management	0.61
HBAN	Huntington Bancshares Inc	$37B	Financial Services	Banks - Regional	0.61
FITB	Fifth Third Bancorp	$53B	Financial Services	Banks - Regional	0.61
BYD	Boyd Gaming Corp	$6.56B	Consumer Cyclical	Resorts & Casinos	0.61
PRI	Primerica Inc	$9.57B	Financial Services	Insurance - Life	0.61
ACT	Enact Holdings Inc	$6.30B	Financial Services	Insurance - Specialty	0.61
HTGC	Hercules Capital Inc	$3.02B	Financial Services	Asset Management	0.61
GSBD	Goldman Sachs BDC Inc	$1.01B	Financial Services	Asset Management	0.61
CHYM	Chime Financial Inc - Class A	$8.43B	Technology	Software - Application	0.61
PB	Prosperity Bancshares Inc	$7.31B	Financial Services	Banks - Regional	0.61
COF	Capital One Financial Corp	$129B	Financial Services	Credit Services	0.61
NTB	Bank of N T Butterfield & Son Ltd	$2.44B	Financial Services	Banks - Diversified	0.61
ALLY	Ally Financial Inc	$14B	Financial Services	Credit Services	0.60
CPZ	Calamos Long/Short Equity & Dynamic Income Trust	$255M	Financial Services	Asset Management	0.60

ETFs that highly correlated with NMIH

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
CEFZ	RIVERNORTH ACTIVE INCOME ETF	$40M	3.36%	Dec 27, 2006	0.85
LIVR	Intelligent Livermore ETF	$18M	0.69%	Sep 17, 2024	0.70
LITL	Simplify Piper Sandler US SmallCap PLUS Income ETF	$6.90M	0.91%	Apr 28, 2025	0.70
DVXF	WEBs Defined Volatility XLF ETF	$251K	0.89%	Jul 22, 2025	0.68
SMHB	UBS AG London Branch	$21M	N/A	Nov 8, 2018	0.67
PFFA	VIRTUS INFRACAP U.S. PREFERRED STOCK ETF	$2.40B	2.11%	May 15, 2018	0.67
RCGE	ROCKCREEK GLOBAL EQUALITY ETF	$96M	0.95%	Feb 26, 2025	0.67
OAKM	OAKMARK U.S. LARGE CAP ETF	$1B	0.59%	Dec 3, 2024	0.66
BSJW	Invesco BulletShares 2032 High Yield Corporate Bond ETF	$43M	0.42%	Jun 12, 2024	0.66
HIPS	GraniteShares HIPS US High Income ETF	$110M	1.17%	Jan 7, 2015	0.66
AVUV	AVANTIS U.S. SMALL CAP VALUE ETF	$29B	0.25%	Sep 24, 2019	0.65
BIZD	VANECK BDC INCOME ETF	$1.60B	9.69%	Feb 11, 2013	0.64
VPC	VIRTUS PRIVATE CREDIT STRATEGY ETF	$31M	10.60%	Feb 7, 2019	0.64
DVLU	FIRST TRUST DORSEY WRIGHT MOMENTUM & VALUE ETF	$46M	0.60%	Sep 5, 2018	0.64
FAS	DIREXION DAILY FINANCIAL BULL 3X SHARES	$2.20B	N/A	Nov 6, 2008	0.64
KBE	STATE STREET(R) SPDR(R) S&P(R) BANK ETF	$1.50B	0.35%	Nov 8, 2005	0.63
CVY	INVESCO ZACKS MULTI-ASSET INCOME ETF	$121M	1.21%	Sep 21, 2006	0.63
UYG	PROSHARES ULTRA FINANCIALS	$743M	N/A	Jan 30, 2007	0.63
FTKI	FIRST TRUST SMALL CAP BUYWRITE INCOME ETF	$24M	0.86%	Feb 25, 2025	0.63
MDIV	MULTI-ASSET DIVERSIFIED INCOME INDEX FUND	$416M	0.71%	Aug 13, 2012	0.63
ARDC	Ares Dynamic Credit Allocation Fund Inc	$322M	N/A	N/A	0.63
VFVA	VANGUARD U.S. VALUE FACTOR ETF ETF SHARES	$845M	0.13%	Feb 13, 2018	0.63
KBWD	INVESCO KBW HIGH DIVIDEND YIELD FINANCIAL ETF	$424M	5.39%	Dec 2, 2010	0.62
BDCZ	BDCZ	$11M	0.85%	Oct 9, 2015	0.62
BUFF	Innovator Laddered Allocation Power Buffer ETF	$878M	0.89%	Oct 20, 2016	0.62
HOMZ	HOYA CAPITAL HOUSING ETF	$37M	0.30%	Mar 19, 2019	0.62
OSCV	OPUS SMALL CAP VALUE ETF	$699M	0.79%	Jul 18, 2018	0.62
FNK	FIRST TRUST MID CAP VALUE ALPHADEX FUND	$221M	0.74%	Apr 19, 2011	0.62
KMLI	KraneShares 2x Long MELI Daily ETF	$8.80M	N/A	Apr 4, 2025	0.62
IBHL	ISHARES IBONDS 2032 TERM HIGH YIELD AND INCOME ETF	$24M	0.35%	Mar 25, 2025	0.62
IONZ	Defiance Daily Target 2x Short IONQ ETF	$22M	N/A	Jun 23, 2025	0.62
SRET	GLOBAL X SUPERDIVIDEND REIT ETF	$233M	0.58%	Mar 16, 2015	0.62
PSCF	INVESCO S&P SMALLCAP FINANCIALS ETF	$27M	0.29%	Apr 7, 2010	0.62
IYG	ISHARES U.S. FINANCIAL SERVICES ETF	$2B	0.38%	Jun 12, 2000	0.62
PHYL	PGIM ACTIVE HIGH YIELD BOND ETF	$1.30B	0.39%	Sep 24, 2018	0.62
BNKU	Bank of Montreal	$40M	N/A	Feb 20, 2025	0.62
EZM	WISDOMTREE U.S. MIDCAP FUND	$939M	0.38%	Feb 23, 2007	0.62
DFNL	DAVIS SELECT FINANCIAL ETF	$455M	0.61%	Jan 11, 2017	0.62
FXO	FIRST TRUST FINANCIALS ALPHADEX FUND	$1.10B	0.60%	May 8, 2007	0.61
XLFI	STATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$5.80M	0.35%	Jul 29, 2025	0.61
DON	WISDOMTREE U.S. MIDCAP DIVIDEND FUND	$4B	0.38%	Jun 16, 2006	0.61
TPSC	TIMOTHY PLAN US SMALL CAP CORE ETF	$357M	0.52%	Dec 2, 2019	0.61
VFH	VANGUARD FINANCIALS INDEX FUND ETF SHARES	$14B	0.09%	Jan 26, 2004	0.61
FNCL	FIDELITY MSCI FINANCIALS INDEX ETF	$2.20B	0.08%	Oct 21, 2013	0.61
UPGD	INVESCO BLOOMBERG ANALYST RATING IMPROVERS ETF	$118M	0.40%	May 19, 2006	0.61
FTXO	FIRST TRUST NASDAQ BANK ETF	$302M	0.60%	Sep 20, 2016	0.61
FAB	FIRST TRUST MULTI CAP VALUE ALPHADEX FUND	$137M	0.66%	May 8, 2007	0.61
BSJQ	INVESCO BULLETSHARES 2026 HIGH YIELD CORPORATE BOND ETF	$942M	0.43%	Aug 9, 2018	0.61
FSCS	FIRST TRUST SMID CAPITAL STRENGTH ETF	$59M	0.60%	Jun 20, 2017	0.61
ALTY	GLOBAL X ALTERNATIVE INCOME ETF	$46M	0.50%	Jul 13, 2015	0.61
ISCV	ISHARES MORNINGSTAR SMALL-CAP VALUE ETF	$685M	0.06%	Jun 28, 2004	0.61
HYTI	FT VEST HIGH YIELD & TARGET INCOME ETF	$88M	0.65%	Feb 11, 2025	0.61
SPVM	INVESCO S&P 500 VALUE WITH MOMENTUM ETF	$115M	0.39%	Jun 16, 2011	0.61
IYF	ISHARES U.S. FINANCIALS ETF	$3.90B	0.38%	May 22, 2000	0.61
BSL	Blackstone Senior Floating Rate 2027 Term Fund	$174M	N/A	N/A	0.61
HYGV	FLEXSHARES HIGH YIELD VALUE-SCORED BOND INDEX FUND	$1.10B	0.37%	Jul 17, 2018	0.61
MIDU	DIREXION DAILY MID CAP BULL 3X SHARES	$82M	N/A	Jan 8, 2009	0.60
RFV	INVESCO S&P MIDCAP 400 PURE VALUE ETF	$323M	0.35%	Mar 1, 2006	0.60