30 Stocks and 70 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 -0.7849.
Stocks that lowly correlated with IQI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.70 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.69 |
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.66 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.63 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.62 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.59 |
| ETOR | Etoro Group Ltd - Class A | $3.64B | Financial Services | Capital Markets | -0.57 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $5.42M | Healthcare | Medical Instruments & Supplies | -0.57 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.56 |
| MNTN | MNTN Inc - Class A | $653M | Technology | Software - Application | -0.53 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.49 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.48 |
| DMAA | Drugs Made In America Acquisition Corp | $244M | Financial Services | Shell Companies | -0.47 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.46 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.46 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.46 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.44 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.43 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.43 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.43 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.42 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.41 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.40 |
| SDM | Smart Digital Group Ltd | $59M | Communication Services | Advertising Agencies | -0.39 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.39 |
| UYSC | UY Scuti Acquisition Corp | $73M | Financial Services | Shell Companies | -0.39 |
| SMXT | SolarMax Technology Inc | $31M | Technology | Solar | -0.39 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.38 |
| IBAC | IB Acquisition Corp | $46M | Financial Services | Shell Companies | -0.37 |
| TGE | Generation Essentials Group - Class A | $370M | Financial Services | Asset Management | -0.37 |