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58 Stocks and 42 ETFs for diversifying CALI (BlackRock Short-Term California Muni Bond ETF)

The least correlated asset to CALI (BlackRock Short-Term California Muni Bond ETF) is company MedTech Acquisition (MTAC). The correlation is -1.

Stocks that lowly correlated with CALI

SymbolName
Market cap
SectorIndustry
Correlation
MTACMedTech Acquisition Corp - Class A$183MN/AN/A-1.00
KDNYChinook Therapeutics Inc$2.89BN/AN/A-1.00
GENQUESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)$99MN/AN/A-1.00
EMBKEmbark Technology Inc - Class A$68MN/AN/A-1.00
DICEDICE Therapeutics Inc$2.25BN/AN/A-1.00
CCAIUCascadia Acquisition Corp - Units (1 Ord Class A & 1/2 War)$110MN/AN/A-1.00
BGRYBerkshire Grey Inc - Class A$338MN/AN/A-1.00
ARBGUAequi Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$96MN/AN/A-1.00
GRNAGreenLight Biosciences Inc$45MN/AN/A-1.00
FRGAPFranchise Group Inc$885MN/AN/A-1.00
APMIUAxonPrime Infrastructure Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$193MN/AN/A-1.00
SGTXSigilon Therapeutics Inc$56MN/AN/A-1.00
CPAAConyers Park III Acquisition Corp - Class A$367MN/AN/A-1.00
MGTAMagenta Therapeutics Inc$2.57MN/AN/A-1.00
CFMSConformis Inc$17MN/AN/A-0.98
RCLFUSpectral AI Inc - Units (1 Ord Share Class A & 1/3 War)$150MN/AN/A-0.95
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.94
UTAAUTA Acquisition Corp - Class A$61MN/AN/A-0.94
APGBApollo Strategic Growth Capital II - Class A$372MN/AN/A-0.94
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.92
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.90
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.88
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-0.82
PRDSPardes Biosciences Inc$129MN/AN/A-0.82
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.81
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.80
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.75
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.71
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.70
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.68
SURFSurface Oncology Inc$65MN/AN/A-0.66
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.65
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.64
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.63
VMWVmware Inc - Class A$62BN/AN/A-0.58
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.58
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.57
IBTAIbotta Inc - Class A$819MTechnologySoftware - Application-0.57
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.57
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.56
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.56
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.53
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.52
ARAntero Resources Corp$11BEnergyOil & Gas E&p-0.52
ARLPAlliance Resource Partners LP$3.21BEnergyThermal Coal-0.51
EONRHNR Acquisition Corp$22MEnergyOil & Gas E&p-0.50
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.50
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.49
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.49
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.48
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.48
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.47
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.47
LSAKLesaka Technologies Inc$410MTechnologySoftware - Infrastructure-0.47
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.47
UANCVR Partners LP$1.29BBasic MaterialsAgricultural Inputs-0.46
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.46
RRCRange Resources Corp$9.22BEnergyOil & Gas E&p-0.46

ETFs that lowly correlated with CALI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.99
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.84
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.80
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.80
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.80
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.80
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.78
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.78
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.77
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.75
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.75
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.75
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.70
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.68
RINFPROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF$18M0.30%Jan 10, 2012-0.65
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.62
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.60
EFZPROSHARES SHORT MSCI EAFE $16M0.95%Oct 23, 2007-0.59
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.59
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.59
EMTYPROSHARES DECLINE OF THE RETAIL STORE ETF $2.90M0.65%Nov 14, 2017-0.57
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.57
SBBPROSHARES SHORT SMALLCAP600 $4.10M0.95%Jan 23, 2007-0.56
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.56
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.55
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.54
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.54
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.53
SZKPROSHARES ULTRASHORT CONSUMER STAPLES $4.70MN/AJan 30, 2007-0.52
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.50
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.50
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.49
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.48
HOLDAdvisorShares North Square McKee Core Reserves ETF$8.20MN/AAug 13, 2025-0.48
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.48
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.48
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.47
GSGiShares S&P GSCI Commodity-Indexed Trust$1.10B0.75%Jul 10, 2006-0.47
YCSProShares UltraShort Yen -2x Shares$28MN/ANov 24, 2008-0.46