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27 Stocks and 73 ETFs for diversifying CMF (ISHARES CALIFORNIA MUNI BOND ETF)

The least correlated asset to CMF (ISHARES CALIFORNIA MUNI BOND ETF) is company Accelerant (ARX). The correlation is -0.7916.

Stocks that lowly correlated with CMF

SymbolName
Market cap
SectorIndustry
Correlation
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.79
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.63
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.63
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.62
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.60
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.58
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.57
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.54
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.53
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.53
APADREnhanced Group Inc$6.67MN/AN/A-0.51
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.51
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.50
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.48
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.47
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.47
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.45
BDMDBaird Medical Investment Holdings Ltd .$34MHealthcareMedical Devices-0.44
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.43
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.43
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.42
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.42
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.42
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.42
FLYEFly-E Group Inc$3.31MConsumer CyclicalAuto Manufacturers-0.40
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.40
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.40

ETFs that lowly correlated with CMF

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.79
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.69
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.69
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.64
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.64
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.63
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.63
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.62
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.62
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.62
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.62
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.61
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.61
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.61
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.61
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.61
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.60
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.60
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.59
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.59
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.58
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.57
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.55
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.55
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.55
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.54
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.54
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.54
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.54
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.52
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.52
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.52
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.51
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.51
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.50
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.50
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.50
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.50
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.49
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.49
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.48
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.48
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.48
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.48
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.47
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.47
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.47
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.47
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.47
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.47
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.46
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.46
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.45
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.45
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.44
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.44
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.43
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.42
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.42
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.42
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.42
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.41
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.40
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.40
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.40
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.40
MSTDEFIANCE LEVERAGED LONG + INCOME MSTR ETF $12MN/AMay 1, 2025-0.40
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.40