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32 Stocks and 68 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 -0.7624.

Stocks that lowly correlated with MFM

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.69
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.60
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.59
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.58
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.56
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.54
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.54
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.52
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.51
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.47
MNTNMNTN Inc - Class A$653MTechnologySoftware - Application-0.46
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.44
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.43
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.43
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.42
SMXTSolarMax Technology Inc$31MTechnologySolar-0.42
SFWLShengfeng Development Ltd - Class A$72MIndustrialsIntegrated Freight & Logistics-0.41
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.40
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.40
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.39
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.39
DECN/A$1.05BEnergyOil & Gas Integrated-0.39
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.39
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.38
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.37
FLYEFly-E Group Inc$3MConsumer CyclicalAuto Manufacturers-0.37
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.37
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.37
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.37
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.37
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.36
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.36

ETFs that lowly correlated with MFM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.76
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.72
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.72
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.70
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.65
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.64
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.64
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.63
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.60
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.59
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.59
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.59
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.58
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.58
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.57
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.57
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.57
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.57
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.57
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.56
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.56
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.56
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.56
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.55
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.55
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.55
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.55
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.55
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.55
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.54
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.54
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.53
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.53
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.52
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.51
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.51
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.50
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.50
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.50
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.50
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.47
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.47
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.47
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.47
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.47
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.46
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.45
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.45
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.45
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.44
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.44
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.44
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.44
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.44
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.43
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.42
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.42
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.41
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.40
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.40
YCSProShares UltraShort Yen -2x Shares$28MN/ANov 24, 2008-0.39
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.37