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29 Stocks and 71 ETFs for diversifying HYD (VANECK HIGH YIELD MUNI ETF)

The least correlated asset to HYD (VANECK HIGH YIELD MUNI ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8397.

Stocks that lowly correlated with HYD

SymbolName
Market cap
SectorIndustry
Correlation
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.64
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.61
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.58
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.56
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.55
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.55
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.54
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.53
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.48
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.46
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.45
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.44
MPUMega Matrix Inc - Class A$13MCommunication ServicesEntertainment-0.43
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.43
DMAADrugs Made In America Acquisition Corp$246MFinancial ServicesShell Companies-0.43
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.42
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.42
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.42
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.42
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.41
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.40
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.40
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.39
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.39
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.38
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.38
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.38
MCGAUYorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War)$52MFinancial ServicesShell Companies-0.37
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.36

ETFs that lowly correlated with HYD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.84
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.81
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.78
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.76
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.76
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.75
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.75
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.75
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.73
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.72
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.71
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.68
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.68
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.68
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.68
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.68
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.67
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.67
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.66
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.66
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.66
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.66
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.66
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.65
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.65
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.65
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.65
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.65
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.64
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.64
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.63
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.63
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.62
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.62
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.60
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.60
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.59
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.59
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.59
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.59
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.59
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.58
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.57
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.56
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.56
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.54
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.54
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.52
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.51
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.51
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.49
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.49
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.49
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.47
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.47
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.47
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.46
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.45
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.43
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.42
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.42
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.41
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.41
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.40
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.39
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.36
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.36