Overview Performance Dividends Correlations

54 Stocks and 46 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 ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with CALI

Symbol	Name	Market cap	Sector	Industry	Correlation
MTAC	MedTech Acquisition Corp - Class A	$183M	N/A	N/A	-1.00
KDNY	Chinook Therapeutics Inc	$2.89B	N/A	N/A	-1.00
GENQU	ESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)	$99M	N/A	N/A	-1.00
EMBK	Embark Technology Inc - Class A	$68M	N/A	N/A	-1.00
DICE	DICE Therapeutics Inc	$2.25B	N/A	N/A	-1.00
CCAIU	Cascadia Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$110M	N/A	N/A	-1.00
BGRY	Berkshire Grey Inc - Class A	$338M	N/A	N/A	-1.00
ARBGU	Aequi Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$96M	N/A	N/A	-1.00
GRNA	GreenLight Biosciences Inc	$45M	N/A	N/A	-1.00
FRGAP	Franchise Group Inc	$885M	N/A	N/A	-1.00
APMIU	AxonPrime Infrastructure Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$193M	N/A	N/A	-1.00
SGTX	Sigilon Therapeutics Inc	$56M	N/A	N/A	-1.00
CPAA	Conyers Park III Acquisition Corp - Class A	$367M	N/A	N/A	-1.00
MGTA	Magenta Therapeutics Inc	$2.57M	N/A	N/A	-1.00
CFMS	Conformis Inc	$17M	N/A	N/A	-0.98
RCLFU	Spectral AI Inc - Units (1 Ord Share Class A & 1/3 War)	$150M	N/A	N/A	-0.95
WWACU	Aeries Technology Inc - Units (1 Ord Class A & 1/2 War)	$41M	N/A	N/A	-0.94
UTAA	UTA Acquisition Corp - Class A	$61M	N/A	N/A	-0.94
APGB	Apollo Strategic Growth Capital II - Class A	$372M	N/A	N/A	-0.94
FRBNU	Forbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$316M	N/A	N/A	-0.92
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.90
AMAO	American Acquisition Opportunity Inc - Class A	$118M	N/A	N/A	-0.88
ALOR	ALSP Orchid Acquisition Corp I - Class A	$22M	N/A	N/A	-0.82
PRDS	Pardes Biosciences Inc	$129M	N/A	N/A	-0.82
BRLIU	Brilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)	$6.42M	N/A	N/A	-0.81
BRLI	Brilliant Acquisition Corp	$5.92M	N/A	N/A	-0.80
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.75
ALORU	ALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)	$22M	N/A	N/A	-0.71
SLDE	Slide Insurance Holdings Inc	$2.32B	Financial Services	Insurance - Property & Casualty	-0.67
SURF	Surface Oncology Inc	$65M	N/A	N/A	-0.66
APADR	Enhanced Group Inc	$6.67M	N/A	N/A	-0.64
ETOR	Etoro Group Ltd - Class A	$3.63B	Financial Services	Capital Markets	-0.63
SAFX	XCF Global Inc	$145M	Utilities	Utilities - Renewable	-0.59
VMW	Vmware Inc - Class A	$62B	N/A	N/A	-0.58
IBTA	Ibotta Inc - Class A	$753M	Technology	Software - Application	-0.57
TLX	Telix Pharmaceuticals Ltd	$3.82B	Healthcare	Biotechnology	-0.57
ARTEU	Artemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)	$263M	N/A	N/A	-0.56
STRZ	Starz Entertainment Corp	$468M	Communication Services	Entertainment	-0.54
AACIW	Armada Acquisition Corp I - Warrants (13/08/2026)	$20M	N/A	N/A	-0.53
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.51
AR	Antero Resources Corp	$10B	Energy	Oil & Gas E&p	-0.51
BLSH	Bullish	$3.80B	Technology	Software - Infrastructure	-0.51
EONR	HNR Acquisition Corp	$21M	Energy	Oil & Gas E&p	-0.50
ARLP	Alliance Resource Partners LP	$3.16B	Energy	Thermal Coal	-0.50
EQV	EQV Ventures Acquisition Corp.	$466M	Financial Services	Shell Companies	-0.49
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.48
HCHL	Happy City Holdings Ltd - Class A	$59M	Consumer Cyclical	Restaurants	-0.48
GTERA	Globa Terra Acquisition Corporation Class A	$246M	Financial Services	Shell Companies	-0.48
APRN	Blue Apron Holdings Inc - Class A	$100M	N/A	N/A	-0.48
ARX	Accelerant Holdings - Class A	$2.82B	Financial Services	Insurance Brokers	-0.47
LSAK	Lesaka Technologies Inc	$405M	Technology	Software - Infrastructure	-0.47
KCHV	Kochav Defense Acquisition Corp - Class A	$263M	Financial Services	Shell Companies	-0.46
FIG	Figma Inc - Class A	$12B	Technology	Software - Application	-0.46
EMPD	Empery Digital Inc	$98M	Consumer Cyclical	Auto Manufacturers	-0.46

ETFs that lowly correlated with CALI

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	-1.00
CLIM	CLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF	$1.30M	0.90%	Mar 11, 2026	-0.87
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.83
TBF	PROSHARES SHORT 20+ YEAR TREASURY	$87M	0.95%	Aug 18, 2009	-0.80
TBT	PROSHARES ULTRASHORT 20+ YEAR TREASURY	$280M	N/A	Apr 29, 2008	-0.80
TMV	DIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES	$163M	N/A	Apr 16, 2009	-0.80
TTT	ProShares UltraPro Short 20+ Year Treasury -3x Shares	$17M	N/A	Mar 27, 2012	-0.80
TYO	DIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES	$12M	N/A	Apr 16, 2009	-0.78
PST	PROSHARES ULTRASHORT 7-10 YEAR TREASURY	$11M	N/A	Apr 29, 2008	-0.78
TBX	PROSHARES SHORT 7-10 YEAR TREASURY	$20M	0.95%	Apr 4, 2011	-0.77
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.75
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$176M	0.50%	May 10, 2021	-0.74
CPII	AMERICAN BEACON IONIC INFLATION PROTECTION ETF	$11M	0.70%	Jun 28, 2022	-0.73
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.70
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.69
RINF	PROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF	$18M	0.30%	Jan 10, 2012	-0.64
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.59
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.59
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.59
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.59
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.58
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.57
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.56
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.55
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.55
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.55
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.54
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.54
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.53
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.53
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.51
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.51
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.50
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.50
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.49
CXRN	TEUCRIUM 2X DAILY CORN ETF	$4M	N/A	Dec 12, 2024	-0.49
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.48
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.48
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.48
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.48
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.48
HOLD	HARBOR ALPHA LAYERING ETF	$8M	N/A	Aug 13, 2025	-0.47
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.47
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.46
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.46