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25 Stocks and 75 ETFs for diversifying IQI (Invesco Quality Municipal Income Trust)

The least correlated asset to IQI (Invesco Quality Municipal Income Trust) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7797.

Stocks that lowly correlated with IQI

SymbolName
Market cap
SectorIndustry
Correlation
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.75
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.65
APADREnhanced Group Inc$6.67MN/AN/A-0.64
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.63
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.61
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.58
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.54
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.53
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.52
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.52
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.52
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.48
DMAADrugs Made In America Acquisition Corp$246MFinancial ServicesShell Companies-0.47
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.46
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.46
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.45
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.45
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.44
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.44
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.43
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.43
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.43
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.42
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.41
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.41

ETFs that lowly correlated with IQI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.78
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.73
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.72
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.71
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.65
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.65
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.64
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.63
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.62
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.61
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.61
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.60
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.60
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.60
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.58
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.58
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.57
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.57
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.57
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.57
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.56
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.56
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.56
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.56
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.56
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.55
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.55
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.55
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.55
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
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.55
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.55
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.55
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.54
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.54
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.54
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.54
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.54
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.54
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.54
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.54
MSTDEFIANCE LEVERAGED LONG + INCOME MSTR ETF $12MN/AMay 1, 2025-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.53
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.53
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.53
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.53
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.52
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.52
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.51
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.51
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.51
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.51
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.50
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.50
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.49
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.49
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.48
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.48
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.47
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.47
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.45
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.44
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.44
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.44
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.43
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.42
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.42
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $291MN/ASep 17, 2024-0.41
IMSTBITWISE MSTR OPTION INCOME STRATEGY ETF $8.20M0.96%Apr 1, 2025-0.41