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29 Stocks and 71 ETFs for diversifying IIM (Invesco Value Municipal Income Trust)

The least correlated asset to IIM (Invesco Value Municipal Income Trust) is company Accelerant (ARX). The correlation is -0.8452.

Stocks that lowly correlated with IIM

SymbolName
Market cap
SectorIndustry
Correlation
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.85
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.67
APADREnhanced Group Inc$6.67MN/AN/A-0.64
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.57
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.56
DMAADrugs Made In America Acquisition Corp$246MFinancial ServicesShell Companies-0.53
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.52
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.51
CBION/A$432MHealthcareBiotechnology-0.50
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.50
MGRTMega Fortune Company Ltd$1.03BTechnologyInformation Technology Services-0.50
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.49
QSEAUQuartzsea Acquisition Corp - Units (1 Ord Shs & 1 Rts)$34MFinancial ServicesShell Companies-0.48
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.48
TMUSLTMobile US Inc 6.250 Senior Notes due 2069$27BN/AN/A-0.47
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.47
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.45
FLYEFly-E Group Inc$3.31MConsumer CyclicalAuto Manufacturers-0.44
EGGEnigmatig Ltd - Class A$189MIndustrialsConsulting Services-0.43
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.43
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.43
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.42
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.42
KBDCKayne Anderson BDC Inc$915MFinancial ServicesAsset Management-0.42
RDACRising Dragon Acquisition Corp$24MFinancial ServicesShell Companies-0.42
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.41
NMPAUNMP Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$35MFinancial ServicesShell Companies-0.41
NNNNAnbio Biotechnology - Class A$398MHealthcareMedical Instruments & Supplies-0.41
RMSGReal Messenger Corporation$6.05MTechnologySoftware - Application-0.40

ETFs that lowly correlated with IIM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.78
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.70
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.69
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.66
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.64
AMZWROUNDHILL AMZN WEEKLYPAY ETF $34MN/AJun 17, 2025-0.60
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.59
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.58
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.57
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.56
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.55
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.55
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.55
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.55
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.55
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.55
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.55
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.54
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.54
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.54
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.54
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.53
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.53
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.52
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.52
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.52
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.51
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.51
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.51
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.51
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.50
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.50
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.50
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.50
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.49
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.49
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.49
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.49
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.49
NVIIREX NVDA GROWTH & INCOME ETF $104MN/AMay 27, 2025-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.48
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.48
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.47
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.47
MSTDEFIANCE LEVERAGED LONG + INCOME MSTR ETF $12MN/AMay 1, 2025-0.47
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.46
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.46
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.46
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.46
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.45
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.45
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.45
NMAYInnovator Growth100 Power Buffer ETF May$64M0.79%Apr 30, 2025-0.45
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.45
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.44
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.44
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.43
BCCCGLOBAL X BITCOIN COVERED CALL ETF $8.20M0.75%Jun 3, 2025-0.43
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.43
CSHPEnhanced Short-Term Bond ETF$106M0.20%Jul 17, 2024-0.41
NVDWROUNDHILL NVDA WEEKLYPAY ETF $110MN/AFeb 18, 2025-0.41
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.41
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.40
ZMAYInnovator Equity Defined Protection ETF 1 Yr May$98M0.79%Apr 30, 2025-0.40