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High CorrelationLow Correlation

41 Stocks and 59 ETFs for diversifying BSMW (Invesco BulletShares 2032 Municipal Bond ETF)

The least correlated asset to BSMW (Invesco BulletShares 2032 Municipal Bond ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with BSMW

SymbolName
Market cap
SectorIndustry
Correlation
CLXTCalyxt Inc$47MN/AN/A-0.91
JUGGUJaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$285MN/AN/A-0.84
MEKAMELI Kaszek Pioneer Corp - Class A$297MN/AN/A-0.82
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.81
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.80
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.80
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.74
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.71
EOCWElliott Opportunity II Corp - Class A$789MN/AN/A-0.70
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.69
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.69
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.66
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.64
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.64
CNFRLConifer Holdings Inc$303MN/AN/A-0.64
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-0.61
LITTULogistics Innovation Technologies Corp - Units (1 Ord Share Class A & 1/3 War)$349MN/AN/A-0.61
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.61
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.61
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.60
ADALUAnthemis Digital Acquisitions I Corp - Units (1 Ord Class A & 1/2 War)$241MN/AN/A-0.60
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.60
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.59
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.58
SPPISpectrum Pharmaceuticals Inc$208MN/AN/A-0.57
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.57
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.55
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.55
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.54
LSAKLesaka Technologies Inc$405MTechnologySoftware - Infrastructure-0.54
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.54
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.52
HPLTHome Plate Acquisition Corp - Class A$77MN/AN/A-0.51
APADREnhanced Group Inc$6.67MN/AN/A-0.51
AURCBetter Home & Finance Holding Co. - Class A$104MN/AN/A-0.51
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.51
UTAAUUTA Acquisition Corp - Units (1 Ord Class A & 1/2 War)$61MN/AN/A-0.49
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.47
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.47
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.47
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.45

ETFs that lowly correlated with BSMW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.88
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.85
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.83
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.83
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.83
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.82
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.79
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.76
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.73
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.73
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.72
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.72
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.70
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.69
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.69
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.68
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.64
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.63
RINFPROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF$18M0.30%Jan 10, 2012-0.63
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.63
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.63
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.62
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.62
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.62
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.62
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.61
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.61
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.61
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.60
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.59
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.59
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.58
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.57
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.57
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.56
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.56
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.56
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.56
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.55
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.54
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.52
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.52
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.52
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.51
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.50
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.50
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.50
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.47
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.47
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.47
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.46
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.46
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.46
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45