30 Stocks and 70 ETFs for diversifying BNY (BlackRock New York Municipal Income Trust)
The least correlated asset to BNY (BlackRock New York Municipal Income Trust) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7712.
Stocks that lowly correlated with BNY
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.61 |
| DMAA | Drugs Made In America Acquisition Corp | $244M | Financial Services | Shell Companies | -0.60 |
| YHNAU | YHN Acquisition I Ltd - Units (1 Ord & 1 Rts) | $64M | Financial Services | Shell Companies | -0.55 |
| PN | Skycorp Solar Group Ltd | $100M | Technology | Solar | -0.54 |
| HRYU | Global Interactive Technologies Inc | $760K | N/A | N/A | -0.49 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.49 |
| LPBBU | Launch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $247M | Financial Services | Shell Companies | -0.49 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.49 |
| YAAS | Youxin Technology Ltd - Class A | $8.49M | Technology | Software - Application | -0.48 |
| YYGH | YY Group Holding Ltd - Class A | $12M | Consumer Cyclical | Personal Services | -0.46 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.45 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.45 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.45 |
| BOW | Bowhead Specialty Holdings Inc | $886M | Financial Services | Insurance - Property & Casualty | -0.44 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.44 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.44 |
| FLYE | Fly-E Group Inc | $3M | Consumer Cyclical | Auto Manufacturers | -0.43 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.43 |
| AAPG | Ascentage Pharma Group International | $1.93B | Healthcare | Biotechnology | -0.42 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.41 |
| BYAH | Park Ha Biological Technology Co Ltd | $917K | Consumer Defensive | Household & Personal Products | -0.40 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.40 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.40 |
| TDAC | Translational Development Acquisition Corp. Ordinary Shares | $185M | Financial Services | Shell Companies | -0.40 |
| NCT | Intercont (Cayman) Ltd | $2.61M | Industrials | Marine Shipping | -0.39 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.38 |
| FACT | FACT II Acquisition Corp - Class A | $197M | Financials | Investment Holding Companies | -0.38 |
| IROH | Iron Horse Acquisitions Corp | $263M | Financial Services | Shell Companies | -0.37 |
| AERT | Advanced Environmental Recycling Technologies Inc | $36M | Industrials | Consulting Services | -0.36 |
| MPU | Mega Matrix Inc - Class A | $30M | Communication Services | Entertainment | -0.36 |