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28 Stocks and 72 ETFs for diversifying BLE (BlackRock Municipal Income Trust II)

The least correlated asset to BLE (BlackRock Municipal Income Trust II) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7913.

Stocks that lowly correlated with BLE

SymbolName
Market cap
SectorIndustry
Correlation
HRYUGlobal Interactive Technologies Inc$760KN/AN/A-0.55
YHNAUYHN Acquisition I Ltd - Units (1 Ord & 1 Rts)$64MFinancial ServicesShell Companies-0.54
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.53
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.52
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.51
FLYEFly-E Group Inc$3MConsumer CyclicalAuto Manufacturers-0.51
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.48
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.47
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.47
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.46
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.46
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.45
DMAADrugs Made In America Acquisition Corp$244MFinancial ServicesShell Companies-0.45
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.44
PNSkycorp Solar Group Ltd$100MTechnologySolar-0.44
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.44
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.43
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.43
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.41
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.41
EXEChesapeake Energy Corp - New$22BEnergyOil & Gas E&p-0.39
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.38
PROPPrairie Operating Co. Common Stock$81MN/AN/A-0.38
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.38
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.37
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.36
AAPGAscentage Pharma Group International$1.93BHealthcareBiotechnology-0.36
NCTIntercont (Cayman) Ltd$2.61MIndustrialsMarine Shipping-0.35

ETFs that lowly correlated with BLE

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.79
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.73
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.71
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.70
MUDDIREXION DAILY MU BEAR 1X SHARES $27M0.97%Oct 9, 2024-0.68
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.67
EFZPROSHARES SHORT MSCI EAFE $16M0.95%Oct 23, 2007-0.66
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.66
RYSEVEST 10 YEAR INTEREST RATE HEDGE ETF N/A0.94%Feb 2, 2023-0.64
HIBSDIREXION DAILY S&P 500(R) HIGH BETA BEAR 3X SHARES $19MN/ANov 7, 2019-0.64
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.62
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.62
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.62
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.61
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.47%Jun 8, 2016-0.59
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.59
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.59
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.59
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.59
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.58
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.58
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.57
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.57
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.56
MYYPROSHARES SHORT MIDCAP400 $2.70MN/AJun 19, 2006-0.56
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.56
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.56
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.56
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.55
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.55
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.55
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.55
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.55
SBBPROSHARES SHORT SMALLCAP600 $4.10M0.95%Jan 23, 2007-0.55
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.54
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.54
SZKPROSHARES ULTRASHORT CONSUMER STAPLES $4.70MN/AJan 30, 2007-0.54
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.54
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.53
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M0.98%Oct 2, 2024-0.53
VIXMProShares VIX Mid-Term Futures ETF$56M1.10%Jan 3, 2011-0.52
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.52
EMTYPROSHARES DECLINE OF THE RETAIL STORE ETF $2.90M0.65%Nov 14, 2017-0.50
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.50
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.49
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.49
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.49
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.49
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.48
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.48
RXDPROSHARES ULTRASHORT HEALTH CARE $4.90MN/AJan 30, 2007-0.48
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.48
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.48
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.48
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.46
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.45
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.45
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.42
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.42
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.42
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M1.00%Aug 8, 2022-0.42
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.42
FNGDBank of Montreal$68MN/AJan 22, 2018-0.41
YCSProShares UltraShort Yen -2x Shares$28MN/ANov 24, 2008-0.40
BTRNGLOBAL X BITCOIN TREND STRATEGY ETF $1.90M0.95%Mar 20, 2024-0.37
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.36
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.36