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52 Stocks and 48 ETFs for diversifying HIMU (iShares High Yield Muni Active ETF)

The least correlated asset to HIMU (iShares High Yield Muni Active ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with HIMU

SymbolName
Market cap
SectorIndustry
Correlation
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-1.00
DMDesktop Metal Inc - Class A$165MN/AN/A-1.00
OPTNOptiNose Inc$112MN/AN/A-0.85
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.82
ATIFATIF Holdings Ltd$6.07MN/AN/A-0.78
CNLCollective Mining Ltd.$1.14BBasic MaterialsGold-0.77
EPIXEssa Pharma Inc$8.93MHealthcareBiotechnology-0.72
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.72
RAINRain Enhancement Technologies Holdco, Inc. Class A Common Stock$13MIndustrialsPollution & Treatment Controls-0.71
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.69
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.68
DFDVDeFi Development Corp$91MFinancial ServicesAsset Management-0.64
TOIOncology Institute Inc (The)$566MHealthcareMedical Care Facilities-0.64
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.64
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.63
YALAYalla Group Ltd$845MTechnologySoftware - Application-0.63
KUKEKuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares)$5.93MCommunication ServicesEntertainment-0.63
KRKroger Company$35BConsumer DefensiveGrocery Stores-0.62
PDEXPro-Dex Inc (co)$181MHealthcareMedical Instruments & Supplies-0.62
MCHBMechanics Bank$3.59BFinancial ServicesBanks - Regional-0.61
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.61
HMSTHomeStreet Inc$262MN/AN/A-0.61
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.61
BIAFBioAffinity Technologies Inc$3.25MHealthcareDiagnostics & Research-0.61
THTXTheratechnologies Inc$167MHealthcareBiotechnology-0.61
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.60
HFFGHF Foods Group Inc$90MConsumer DefensiveFood Distribution-0.59
DTCXDatacentrex Inc$74MFinancial ServicesFinancial Data & Stock Exchanges-0.59
TRCTejon Ranch Company$497MIndustrialsConglomerates-0.57
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.56
MPUMega Matrix Inc - Class A$13MCommunication ServicesEntertainment-0.54
FIZZNational Beverage Corp$2.89BConsumer DefensiveBeverages - Non-alcoholic-0.54
SFMSprouts Farmers Market Inc$6.93BConsumer DefensiveGrocery Stores-0.54
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.54
SURGSurgepays Inc$7.87MCommunication ServicesTelecom Services-0.53
SPRYARS Pharmaceuticals Inc$750MHealthcareBiotechnology-0.52
SYTSYLA Technologies Co Ltd$60MTechnologySoftware - Application-0.51
TRONCorner Growth Acquisition Corp 2 - Class A$700MConsumer CyclicalLeisure-0.51
BJBJ`s Wholesale Club Holdings Inc$12BConsumer DefensiveDiscount Stores-0.51
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.51
PPBTPurple Biotech Ltd$6.05MHealthcareBiotechnology-0.50
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.50
LANVLanvin Group Holdings Ltd - Class A$157MConsumer CyclicalLuxury Goods-0.50
SMMTSummit Therapeutics Inc$12BHealthcareBiotechnology-0.49
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.49
DBVTDBV Technologies$930MHealthcareBiotechnology-0.48
PNBKPatriot National Bancorp Inc$141MFinancial ServicesBanks - Regional-0.47
NEONNeonode Inc$15MTechnologyElectronic Components-0.47
UPXIUpexi Inc$58MCommunication ServicesInternet Content & Information-0.47
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.47
NUTXNutex Health Inc$1.22BHealthcareMedical Care Facilities-0.46
NYCAmerican Strategic Investment Co - Class A$23MReal EstateReal Estate Services-0.46

ETFs that lowly correlated with HIMU

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.90
PPIInvestment Managers Series Trust II Astoria Real Assets ETF$155M0.58%Dec 30, 2021-0.77
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.71
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.71
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.68
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.67
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $276M0.98%May 13, 2019-0.64
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.64
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.63
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.63
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.63
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.62
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.62
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.61
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.60
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.60
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.60
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.59
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.58
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.58
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $86M0.10%Sep 13, 2023-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.57
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.57
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.56
FXCInvesco CurrencyShares Canadian Dollar Trust$76M0.40%Jun 21, 2006-0.55
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.55
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.53
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.53
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.52
FXFInvesco CurrencyShares Swiss Franc Trust$431M0.40%Jun 21, 2006-0.51
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.51
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.51
IBIDISHARES IBONDS OCT 2027 TERM TIPS ETF $117M0.10%Sep 13, 2023-0.51
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.49
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.48
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.47
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.47
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.47
EMEMSOPHUS CAPITAL EMERGING MARKET ETF $61M0.65%May 19, 2026-0.47
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.46
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.46