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33 Stocks and 67 ETFs for diversifying DFNM (DIMENSIONAL NATIONAL MUNICIPAL BOND ETF)

The least correlated asset to DFNM (DIMENSIONAL NATIONAL MUNICIPAL BOND ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with DFNM

SymbolName
Market cap
SectorIndustry
Correlation
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.76
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.68
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.63
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.63
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.60
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.60
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.59
ALTSALT5 Sigma Corporation Common Stock$4.90BTechnologySoftware - Application-0.58
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.56
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.55
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.54
APADREnhanced Group Inc$6.67MN/AN/A-0.51
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.51
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.50
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.49
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.49
UANCVR Partners LP$1.23BBasic MaterialsAgricultural Inputs-0.48
FLACFrazier Lifesciences Acquisition Corp - Class A$175MN/AN/A-0.48
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.48
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.46
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.46
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.45
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.45
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.44
EQTEQT Corp$31BEnergyOil & Gas E&p-0.43
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.43
BSMBlack Stone Minerals L.P.$3.03BEnergyOil & Gas E&p-0.42
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.41
GIFTRDE Inc$29MCommunication ServicesInternet Content & Information-0.41
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.40
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.40
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.40
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.40

ETFs that lowly correlated with DFNM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.83
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.83
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.83
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.83
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.81
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.80
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.80
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.79
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.78
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.66
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.66
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.65
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.64
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.64
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.63
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.62
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.61
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.61
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.61
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.60
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.60
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.59
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.59
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.58
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.58
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.57
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.56
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.54
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.53
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.53
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.53
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.53
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.53
RINFPROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF$18M0.30%Jan 10, 2012-0.53
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.53
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.52
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.52
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.51
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.51
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.51
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.50
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.50
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.50
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.49
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.49
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.48
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.48
DBMFIMGP DBI MANAGED FUTURES STRATEGY ETF $3.90B0.85%May 7, 2019-0.48
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.47
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.47
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.46
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.45
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.45
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.43
EUOProShares UltraShort Euro -2X Shares$35MN/ANov 24, 2008-0.43
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.42
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.42
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.42
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.42
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.41
CORNTeucrium Corn Fund$177M1.00%Jun 9, 2010-0.41
UNLUnited States 12 Month Natural Gas Fund$17M1.65%Nov 18, 2009-0.41