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37 Stocks and 63 ETFs for diversifying CGMS (CAPITAL GROUP U.S. MULTI-SECTOR INCOME ETF SHARE CLASS)

The least correlated asset to CGMS (CAPITAL GROUP U.S. MULTI-SECTOR INCOME ETF SHARE CLASS) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with CGMS

SymbolName
Market cap
SectorIndustry
Correlation
VCKAUScilex Holding Company - Units (1 Ord & 1/2 War)$37MN/AN/A-1.00
NOACUNatural Order Acquisition Corp - Units (1 Ord & 1 War)$289MN/AN/A-1.00
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-1.00
NOACNatural Order Acquisition Corp$289MN/AN/A-1.00
OHPAUOrion Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$417MN/AN/A-1.00
NDACUNightDragon Acquisition Corp - Units (1 Ord Share Class A & 1/5 War)$444MN/AN/A-0.98
AKUSAkouos Inc$490MN/AN/A-0.97
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.97
NDACNightDragon Acquisition Corp - Class A$445MN/AN/A-0.95
HMCOUHumanCo Acquisition Corp - Units (1 Ord Class A & 1/2 War)$386MN/AN/A-0.86
RNWKRealnetworks Inc$35MN/AN/A-0.79
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.70
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.70
HMCOHumanCo Acquisition Corp - Class A$387MN/AN/A-0.63
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.61
SCMAUSeaport Calibre Materials Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$177MN/AN/A-0.57
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.56
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.55
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.55
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.55
DGNUDragoneer Growth Opportunities Corp III - Class A$538MN/AN/A-0.54
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.54
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.54
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.54
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.53
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.52
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.52
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.51
JUGGUJaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$285MN/AN/A-0.50
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.50
LITTULogistics Innovation Technologies Corp - Units (1 Ord Share Class A & 1/3 War)$349MN/AN/A-0.50
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.50
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.49
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.49
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.48
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.48
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.48

ETFs that lowly correlated with CGMS

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.94
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.75
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.74
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.74
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.74
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.74
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.72
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.71
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.71
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.70
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.70
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.70
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.70
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.68
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.67
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.67
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.66
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.65
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.65
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.63
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.62
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.62
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.61
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.60
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.58
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.58
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.58
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.58
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.58
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.58
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.57
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.57
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.57
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.57
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.57
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.57
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.57
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.56
RINFPROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF$18M0.30%Jan 10, 2012-0.56
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.55
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.55
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.54
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.54
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.53
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.53
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.53
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.52
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.52
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.51
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.50
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.50
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.50
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.50
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.49
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.48
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.48
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.48