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74 Stocks and 26 ETFs for diversifying FMUB (FIDELITY MUNICIPAL BOND OPPORTUNITIES ETF)

The least correlated asset to FMUB (FIDELITY MUNICIPAL BOND OPPORTUNITIES ETF) is ETF EMEM (SOPHUS CAPITAL EMERGING MARKET ETF). The correlation is -1.

Stocks that lowly correlated with FMUB

SymbolName
Market cap
SectorIndustry
Correlation
RAINRain Enhancement Technologies Holdco, Inc. Class A Common Stock$17MIndustrialsPollution & Treatment Controls-1.00
OPTNOptiNose Inc$112MN/AN/A-1.00
ATIFATIF Holdings Ltd$6.07MN/AN/A-1.00
HMSTHomeStreet Inc$262MN/AN/A-0.93
EPIXEssa Pharma Inc$8.93MHealthcareBiotechnology-0.91
ARXAccelerant Holdings - Class A$3.13BFinancial ServicesInsurance Brokers-0.80
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.76
PDEXPro-Dex Inc (co)$198MHealthcareMedical Instruments & Supplies-0.71
TRONCorner Growth Acquisition Corp 2 - Class A$848MConsumer CyclicalLeisure-0.70
CRECre8 Enterprise Ltd Class A$6.02MIndustrialsSpecialty Business Services-0.69
MCHBMechanics Bank$3.35BFinancial ServicesBanks - Regional-0.68
SFMSprouts Farmers Market Inc$8.21BConsumer DefensiveGrocery Stores-0.67
TRCTejon Ranch Company$525MIndustrialsConglomerates-0.65
OMSEOMS Energy Technologies Inc$191MEnergyOil & Gas Equipment & Services-0.64
NEXTNextDecade Corporation$2.23BEnergyOil & Gas Equipment & Services-0.63
KUKEKuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares)$5.93MCommunication ServicesEntertainment-0.61
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.61
THTXTheratechnologies Inc$167MHealthcareBiotechnology-0.61
TECXAvroBio Inc$528MHealthcareBiotechnology-0.60
AGROAdecoagro S.A.$890MConsumer DefensiveFarm Products-0.60
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.60
CGNTCognyte Software Ltd$641MTechnologySoftware - Infrastructure-0.60
WHFWhiteHorse Finance Inc$146MFinancial ServicesAsset Management-0.60
COCHEnvoy Medical Inc - Class A$45MHealthcareMedical Devices-0.60
SWINSolowin Holdings$54MN/AN/A-0.59
BIAFBioAffinity Technologies Inc$6.84MHealthcareDiagnostics & Research-0.59
ETOREtoro Group Ltd - Class A$3.56BFinancial ServicesCapital Markets-0.58
DSPViant Technology Inc - Class A$735MTechnologySoftware - Application-0.58
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.58
EPSNEpsilon Energy Ltd$179MEnergyOil & Gas E&p-0.57
ANGXAngel Studios Inc - Class A$482MCommunication ServicesEntertainment-0.57
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.57
CRCLCircle Internet Group Inc - Class A$19BFinancial ServicesCapital Markets-0.57
ULYUrgent.ly Inc$12MTechnologySoftware - Application-0.57
PPBTPurple Biotech Ltd$6.05MHealthcareBiotechnology-0.56
NDLSNoodles & Company - Class A$80MConsumer CyclicalRestaurants-0.56
CRTCross Timbers Royalty Trust$65MEnergyOil & Gas E&p-0.56
EDSAEdesa Biotech Inc$46MHealthcareBiotechnology-0.55
VIRTVirtu Financial Inc - Class A$3.53BFinancial ServicesCapital Markets-0.55
SHIPSeanergy Maritime Holdings Corp$325MIndustrialsMarine Shipping-0.54
ESCAEscalade Inc$255MConsumer CyclicalLeisure-0.54
XAGELongevity Health Holdings Inc$644KConsumer DefensiveHousehold & Personal Products-0.54
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.53
STRZStarz Entertainment Corp$461MCommunication ServicesEntertainment-0.53
GRNDGrindr Inc - Class A$2.05BTechnologySoftware - Application-0.53
SRDXSurmodics Inc$614MHealthcareMedical Devices-0.52
ANTXAN2 Therapeutics Inc$151MHealthcareBiotechnology-0.51
BWINThe Baldwin Insurance Group Inc - Class A$1.82BFinancial ServicesInsurance Brokers-0.51
DTCXDatacentrex Inc$74MFinancial ServicesFinancial Data & Stock Exchanges-0.51
MUSAMurphy USA Inc$11BConsumer CyclicalSpecialty Retail-0.51
PUBMPubMatic Inc - Class A$527MTechnologySoftware - Application-0.51
ATHAAthira Pharma Inc$77MHealthcareBiotechnology-0.50
FRESFresh2 Group Limited$2.97MHealthcareDiagnostics & Research-0.50
MDRRPMedalist Diversified REIT Inc$28MReal EstateReit - Diversified-0.50
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.50
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.50
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.50
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.50
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.50
CRVLCorvel Corp$3.11BFinancial ServicesInsurance Brokers-0.49
CHAChagee Holdings Ltd$1.90BConsumer CyclicalRestaurants-0.49
AFMDAffimed N.V.$2.98MHealthcareBiotechnology-0.49
KDPKeurig Dr Pepper Inc$43BConsumer DefensiveBeverages - Non-alcoholic-0.49
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.49
NVNOenVVeno Medical Corporation$6.74MHealthcareMedical Devices-0.48
SPRYARS Pharmaceuticals Inc$920MHealthcareBiotechnology-0.48
CHYMChime Financial Inc - Class A$6.27BTechnologySoftware - Application-0.48
RSVRReservoir Media Inc$688MCommunication ServicesEntertainment-0.48
HFFGHF Foods Group Inc$102MConsumer DefensiveFood Distribution-0.48
FIGFigma Inc - Class A$10BTechnologySoftware - Application-0.48
LANVLanvin Group Holdings Ltd - Class A$170MConsumer CyclicalLuxury Goods-0.48
TLXTelix Pharmaceuticals Ltd$3.20BHealthcareBiotechnology-0.48
ROMARoma Green Finance Ltd$300MIndustrialsConsulting Services-0.47
CARTMaplebear Inc$9.75BConsumer CyclicalInternet Retail-0.47

ETFs that lowly correlated with FMUB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $56M0.65%May 19, 2026-1.00
PPIInvestment Managers Series Trust II Astoria Real Assets ETF$157M0.58%Dec 30, 2021-1.00
JHDGJOHN HANCOCK HEDGED EQUITY ETF $99M0.49%Apr 7, 2026-0.98
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $251M1.04%Sep 30, 2021-0.88
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.87
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $333MN/AApr 29, 2008-0.77
TBFPROSHARES SHORT 20+ YEAR TREASURY $133M0.95%Aug 18, 2009-0.77
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.77
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $180MN/AApr 16, 2009-0.77
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $231M0.50%May 10, 2021-0.72
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.69
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.69
TBXPROSHARES SHORT 7-10 YEAR TREASURY $16M0.95%Apr 4, 2011-0.67
CANETeucrium Sugar Fund$84M1.00%Sep 16, 2011-0.62
YXIProShares Short FTSE China 50 -1x Shares$4.60M0.95%Mar 16, 2010-0.56
FXPProShares UltraShort FTSE China 50 -2x Shares$6.30MN/ANov 6, 2007-0.54
RXDProShares UltraShort Health Care -2x Shares$5.30MN/AJan 30, 2007-0.54
TILLTEUCRIUM AGRICULTURAL STRATEGY NO K-1 ETF $51M0.89%May 16, 2022-0.52
DBOInvesco DB Oil Fund$281M0.75%Jan 5, 2007-0.51
TAGSTeucrium Agricultural Fund$22M1.00%Mar 28, 2012-0.51
EWVProShares UltraShort MSCI Japan -2x Shares$6.50MN/ANov 6, 2007-0.51
BNOUnited States Brent Crude Oil Fund$763M1.15%Jun 2, 2010-0.51
USOUnited States Oil Fund$1.70B0.86%Apr 10, 2006-0.50
DBEInvesco DB Energy Fund$101M0.75%Jan 5, 2007-0.50
UGAUnited States Gasoline Fund LP$121M1.08%Feb 26, 2008-0.48
DOGPROSHARES SHORT DOW30 $109M0.95%Jun 19, 2006-0.47