29 Stocks and 71 ETFs for diversifying Nuveen Variable Rate Preferred & Income Fund (NPFD)
The least correlated asset to Nuveen Variable Rate Preferred & Income Fund (NPFD) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.755.
Stocks that lowly correlated with NPFD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.59 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.56 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.55 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.54 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.54 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.54 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.52 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.52 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.50 |
| GNLX | Genelux Corp | $130M | Healthcare | Biotechnology | -0.50 |
| FIGXU | FIGX Capital Acquisition Corp - Units (1 Ord Cls A & 1/2 War) | $35M | Financial Services | Shell Companies | -0.49 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.49 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.49 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.48 |
| MH | McGraw Hill Inc | $1.95B | Consumer Defensive | Education & Training Services | -0.47 |
| TFIN-P | Triumph Financial Inc Depositary Shares Series C | $531M | Financial Services | Banks - Regional | -0.47 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.46 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.42 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.42 |
| IOTR | iOThree Ltd | $13M | Communication Services | Telecom Services | -0.42 |
| STAK | Stak Inc | $55M | Energy | Oil & Gas Equipment & Services | -0.41 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.41 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.40 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.40 |
| OTF | Blue Owl Technology Finance Corp | $4.79B | Financial Services | Asset Management | -0.40 |
| RAL | RALSTON PURINA CO | $7.56B | Technology | Electronic Components | -0.40 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.40 |
| WTG | Wintergreen Acquisition Corp | $58M | Financial Services | Shell Companies | -0.39 |
| JMACU | Maxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War) | $150M | N/A | N/A | -0.38 |