30 Stocks and 70 ETFs for diversifying DSM (BNY Mellon Strategic Municipal Bond Fund)
The least correlated asset to DSM (BNY Mellon Strategic Municipal Bond Fund) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7753.
Stocks that lowly correlated with DSM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.63 |
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.56 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.51 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.50 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.49 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.49 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.49 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.48 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.48 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.47 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $5.42M | Healthcare | Medical Instruments & Supplies | -0.46 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.44 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.42 |
| ETOR | Etoro Group Ltd - Class A | $3.64B | Financial Services | Capital Markets | -0.42 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.42 |
| RDAGU | Republic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War) | $42M | Financial Services | Shell Companies | -0.41 |
| RIBBU | Ribbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts) | $56M | Financial Services | Shell Companies | -0.41 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.40 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.39 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.39 |
| SDM | Smart Digital Group Ltd | $59M | Communication Services | Advertising Agencies | -0.38 |
| ATPC | Agape ATP Corp | $2.85M | Consumer Defensive | Packaged Foods | -0.38 |
| SMXT | SolarMax Technology Inc | $31M | Technology | Solar | -0.38 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.37 |
| DEC | N/A | $1.05B | Energy | Oil & Gas Integrated | -0.37 |
| BRLI | Brilliant Acquisition Corp | $5.92M | N/A | N/A | -0.37 |
| YAAS | Youxin Technology Ltd - Class A | $8.49M | Technology | Software - Application | -0.37 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.37 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.36 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.36 |