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38 Stocks and 62 ETFs for diversifying CMU (MFS High Yield Municipal Trust)

The least correlated asset to CMU (MFS High Yield Municipal Trust) is company Ribbon Acquisition Corp Rights (RIBBR). The correlation is -0.7746.

Stocks that lowly correlated with CMU

SymbolName
Market cap
SectorIndustry
Correlation
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.77
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.68
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.66
JLHLJulong Holding Ltd - Class A$457MIndustrialsBuilding Products & Equipment-0.64
AIFUAIFU Inc - Class A$428MFinancial ServicesInsurance Brokers-0.63
YHNAUYHN Acquisition I Ltd - Units (1 Ord & 1 Rts)$64MFinancial ServicesShell Companies-0.62
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.62
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.61
GENVRGen Digital Inc$1.02BN/AN/A-0.60
RALRalliant Corporation$6.99BN/AN/A-0.59
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.58
NCTIntercont (Cayman) Ltd$2.61MIndustrialsMarine Shipping-0.57
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.57
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.55
TDACUTranslational Development Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$26MFinancial ServicesShell Companies-0.54
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.54
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.54
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.54
TACOWBerto Acquisition Corp - Warrants (01/05/2030)$1.62MN/AN/A-0.54
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.53
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.52
RAAQReal Asset Acquisition Corp - Class A$196MFinancial ServicesShell Companies-0.52
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.51
QSEARQuartzsea Acquisition Corp$814KN/AN/A-0.50
RDACURising Dragon Acquisition Corp - Units (1 Ord Shs & 1 Rts)$13MFinancial ServicesShell Companies-0.50
MACIUMelar Acquisition Corp I - Units (1 Ord Class A & 1 War)$197MFinancial ServicesShell Companies-0.49
CGCTCartesian Growth Corp III - Class A$283MFinancial ServicesShell Companies-0.49
RIBBRibbon Acquisition Corp$42MFinancial ServicesShell Companies-0.49
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$10MFinancial ServicesShell Companies-0.49
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.48
FATNFatpipe Inc$68MTechnologySoftware - Infrastructure-0.48
DMAADrugs Made In America Acquisition Corp$244MFinancial ServicesShell Companies-0.48
CHARCHAPARRAL RESOURCES INC$91MFinancial ServicesShell Companies-0.47
SKKSKK Holdings Ltd$7.37MIndustrialsEngineering & Construction-0.47
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.46
VACHUVoyager Acquisition Corp - Units (1 Ord Class A & 1/2 War)$80MFinancial ServicesShell Companies-0.46
DFSCDEFSEC Technologies Inc Com$8.73MIndustrialsAerospace & Defense-0.45
SIMAUSIM Acquisition Corp I$251MFinancial ServicesShell Companies-0.45

ETFs that lowly correlated with CMU

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.73
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.72
QCMUDirexion Daily QCOM Bull 2X ETF$22MN/AJun 24, 2025-0.68
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.67
CSCLDirexion Daily CSCO Bull 2X ETF$5MN/AJun 24, 2025-0.65
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.65
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.64
NMAYInnovator Growth100 Power Buffer ETF May$14M0.79%Apr 30, 2025-0.64
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.63
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.61
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.61
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.59
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.58
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.58
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.58
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.57
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.57
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.57
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.57
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.57
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.57
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.57
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.57
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.56
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.55
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.53
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.53
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.52
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $11MN/AJun 9, 2025-0.52
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.52
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.51
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.51
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.51
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.50
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.49
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.47
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.47
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.47
HGROHEDGEYE QUALITY GROWTH ETF $97M0.70%Jun 10, 2025-0.47
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.47
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.47
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.46
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.46
NVIIREX NVDA GROWTH & INCOME ETF $92MN/AMay 27, 2025-0.46
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.46
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.45
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.45
LDRXSGI ENHANCED MARKET LEADERS ETF $232M0.59%May 2, 2025-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.44
LCOWPACER S&P 500 QUALITY FCF ARISTOCRATS ETF $23M0.49%May 6, 2025-0.44
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.43