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28 Stocks and 72 ETFs for diversifying MFM (MFS Municipal Income Trust)

The least correlated asset to MFM (MFS Municipal Income Trust) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7565.

Stocks that lowly correlated with MFM

SymbolName
Market cap
SectorIndustry
Correlation
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.71
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.58
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.57
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.55
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.55
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.54
APADREnhanced Group Inc$6.67MN/AN/A-0.54
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.54
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.51
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.47
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.47
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.46
APUSApimeds Pharmaceuticals US Inc$8.51MHealthcareDrug Manufacturers - Specialty & Generic-0.45
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.44
SMXTSolarMax Technology Inc$20MTechnologySolar-0.43
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.43
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.43
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.42
SFWLShengfeng Development Ltd - Class A$56MIndustrialsIntegrated Freight & Logistics-0.41
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.41
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.40
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.40
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.39
CBION/A$432MHealthcareBiotechnology-0.39
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.39
DECN/A$961MEnergyOil & Gas Integrated-0.39
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.39
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.38

ETFs that lowly correlated with MFM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.76
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.74
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.72
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.72
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.70
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.65
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.64
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.64
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.64
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.60
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.60
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.60
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.59
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.59
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.59
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.59
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.58
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.58
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.58
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.58
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.57
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.57
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.57
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.57
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.57
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.56
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.56
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.56
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.55
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.55
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.55
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.55
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.52
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.52
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.52
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.51
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.51
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.50
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.50
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.50
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.49
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.46
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
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.46
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.45
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.45
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.45
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.45
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.43
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.43
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.43
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.43
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.43
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.43
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.42
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.41
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.40
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.40
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.40
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.39