Skip to main content

Want a detailed portfolio tracker?

31 Stocks and 69 ETFs for diversifying LEO (BNY Mellon Strategic Municipals)

The least correlated asset to LEO (BNY Mellon Strategic Municipals) is ETF SLTY (YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF). The correlation is -0.7915.

Stocks that lowly correlated with LEO

SymbolName
Market cap
SectorIndustry
Correlation
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.66
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.60
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.55
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.52
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.52
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.52
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.51
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.48
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.47
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.47
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.46
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.45
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.45
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.43
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.43
DECN/A$961MEnergyOil & Gas Integrated-0.42
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.41
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.41
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.41
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.41
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.40
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.40
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.40
APADREnhanced Group Inc$6.67MN/AN/A-0.40
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.40
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.39
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.39
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.38
SMXTSolarMax Technology Inc$20MTechnologySolar-0.37
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.37
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.36

ETFs that lowly correlated with LEO

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.79
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.76
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.74
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.74
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.72
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.68
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.67
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.67
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.62
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.62
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.61
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.61
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.60
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.60
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.59
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.59
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.59
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.59
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.59
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.58
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.58
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.58
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.58
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.58
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.58
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.57
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.57
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.57
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.56
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.56
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.56
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.56
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.56
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.56
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.55
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.54
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.53
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.53
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.53
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.51
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.51
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.50
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.48
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.48
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.48
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.46
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.46
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.46
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.45
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.45
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.45
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.44
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.44
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.44
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.44
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.44
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.43
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.42
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.39
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.38