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OverviewPerformanceDividendsCorrelations
High CorrelationLow Correlation

49 Stocks and 51 ETFs for diversifying CGSM (CAPITAL GROUP SHORT DURATION MUNICIPAL INCOME ETF SHARE CLASS)

The least correlated asset to CGSM (CAPITAL GROUP SHORT DURATION MUNICIPAL INCOME ETF SHARE CLASS) is company Forbion European Acquisition Corp - Units (1 Ord Share & 1/3 War) (FRBNU). The correlation is -1.

Stocks that lowly correlated with CGSM

SymbolName
Market cap
SectorIndustry
Correlation
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-1.00
BOACBluescape Opportunities Acquisition Corp - Class A$227MN/AN/A-1.00
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-1.00
APGBApollo Strategic Growth Capital II - Class A$372MN/AN/A-0.99
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.98
ALORALSP Orchid Acquisition Corp I - Class A$22MN/AN/A-0.97
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.94
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.93
ARTEUArtemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)$263MN/AN/A-0.88
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.87
VMWVmware Inc - Class A$62BN/AN/A-0.83
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.82
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.74
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.72
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.68
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.64
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.63
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.61
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.59
GIBOGIBO Holdings Ltd$42MCommunication ServicesInternet Content & Information-0.59
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.55
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.55
CPTKCrown PropTech Acquisitions - Class A$147MN/AN/A-0.55
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.54
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.54
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.54
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.53
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.52
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.51
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.50
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.49
IBTAIbotta Inc - Class A$819MTechnologySoftware - Application-0.49
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.49
PRAProassurance Corporation$1.26BFinancial ServicesInsurance - Property & Casualty-0.49
ADOCRAustralian Oilseeds Holdings Ltd$985KN/AN/A-0.48
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.48
ARLPAlliance Resource Partners LP$3.21BEnergyThermal Coal-0.47
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.47
HTHersha Hospitality Trust - Class A$400MN/AN/A-0.47
EXEChesapeake Energy Corp - New$22BEnergyOil & Gas E&p-0.47
ARAntero Resources Corp$11BEnergyOil & Gas E&p-0.47
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.47
LSAKLesaka Technologies Inc$410MTechnologySoftware - Infrastructure-0.46
XLOXilio Therapeutics Inc$48MHealthcareBiotechnology-0.46
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.45
UANCVR Partners LP$1.29BBasic MaterialsAgricultural Inputs-0.45
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.45
EONRHNR Acquisition Corp$22MEnergyOil & Gas E&p-0.44
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.43

ETFs that lowly correlated with CGSM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-1.00
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.82
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.79
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.76
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.75
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.75
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.75
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.74
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.73
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.72
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.72
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.72
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.71
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.70
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.70
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.62
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.61
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.60
RINFPROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF$18M0.30%Jan 10, 2012-0.58
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.58
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.58
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.57
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.57
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.57
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.56
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.55
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.55
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.55
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.54
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.53
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.53
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$6.20MN/AJan 30, 2007-0.52
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.51
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.51
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.50
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.49
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.48
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.48
QBProShares Nasdaq100 Dynamic Buffer ETF$1.40M0.58%Jun 24, 2025-0.48
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.48
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.47
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.46
YCSProShares UltraShort Yen -2x Shares$28MN/ANov 24, 2008-0.46
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.46
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.46
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.44
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.44
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.43
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.43