30 Stocks and 70 ETFs for diversifying IIM (Invesco Value Municipal Income Trust)
The least correlated asset to IIM (Invesco Value Municipal Income Trust) is company 707 Cayman (JEM). The correlation is -0.79.
Stocks that lowly correlated with IIM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.79 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.68 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.64 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $5.42M | Healthcare | Medical Instruments & Supplies | -0.62 |
| ETOR | Etoro Group Ltd - Class A | $3.64B | Financial Services | Capital Markets | -0.61 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.59 |
| UYSC | UY Scuti Acquisition Corp | $73M | Financial Services | Shell Companies | -0.56 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.53 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.53 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.52 |
| DMAA | Drugs Made In America Acquisition Corp | $244M | Financial Services | Shell Companies | -0.52 |
| FLYE | Fly-E Group Inc | $3M | Consumer Cyclical | Auto Manufacturers | -0.51 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.49 |
| YAAS | Youxin Technology Ltd - Class A | $8.49M | Technology | Software - Application | -0.48 |
| CBIO | Crescent Biopharma Inc | $573M | Healthcare | Biotechnology | -0.48 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.48 |
| SDM | Smart Digital Group Ltd | $59M | Communication Services | Advertising Agencies | -0.45 |
| UYSCU | UY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $89M | Financial Services | Shell Companies | -0.42 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.42 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.42 |
| MNTN | MNTN Inc - Class A | $653M | Technology | Software - Application | -0.40 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.40 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.39 |
| TDAC | Translational Development Acquisition Corp. Ordinary Shares | $185M | Financial Services | Shell Companies | -0.38 |
| EGG | Enigmatig Ltd - Class A | $251M | Industrials | Consulting Services | -0.38 |
| RDAGU | Republic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War) | $42M | Financial Services | Shell Companies | -0.38 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.38 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.38 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.38 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.37 |