24 Stocks and 76 ETFs for diversifying BYM (BlackRock Municipal Income Quality Trust)
The least correlated asset to BYM (BlackRock Municipal Income Quality Trust) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.777.
Stocks that lowly correlated with BYM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.64 |
| HRYU | Global Interactive Technologies Inc | $760K | N/A | N/A | -0.59 |
| YHNAU | YHN Acquisition I Ltd - Units (1 Ord & 1 Rts) | $64M | Financial Services | Shell Companies | -0.57 |
| BYAH | Park Ha Biological Technology Co Ltd | $917K | Consumer Defensive | Household & Personal Products | -0.57 |
| PN | Skycorp Solar Group Ltd | $100M | Technology | Solar | -0.54 |
| NYAX | Nayax Ltd | $2.65B | Technology | Software - Infrastructure | -0.54 |
| YSXT | Ysx Tech Co.Ltd - Class A | $25M | Industrials | Specialty Business Services | -0.52 |
| DMAA | Drugs Made In America Acquisition Corp | $244M | Financial Services | Shell Companies | -0.48 |
| FLYE | Fly-E Group Inc | $3.26M | Consumer Cyclical | Auto Manufacturers | -0.48 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.45 |
| MASK | 3 E Network Technology Group Ltd - Class A | $1.60M | Technology | Software - Application | -0.45 |
| BOW | Bowhead Specialty Holdings Inc | $889M | Financial Services | Insurance - Property & Casualty | -0.44 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.44 |
| NCT | Intercont (Cayman) Ltd | $2.61M | Industrials | Marine Shipping | -0.43 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.43 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.40 |
| YAAS | Youxin Technology Ltd - Class A | $8.49M | Technology | Software - Application | -0.40 |
| TDAC | Translational Development Acquisition Corp. Ordinary Shares | $185M | Financial Services | Shell Companies | -0.40 |
| MSDL | Morgan Stanley Direct Lending Fund | $1.31B | Financial Services | Asset Management | -0.40 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.38 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.38 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.36 |
| SMXT | SolarMax Technology Inc | $27M | Technology | Solar | -0.35 |
| ATPC | Agape ATP Corp | $3.01M | Consumer Defensive | Packaged Foods | -0.35 |