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48 Stocks and 52 ETFs for diversifying MHF (Western Asset Municipal High Income Fund)

The least correlated asset to MHF (Western Asset Municipal High Income Fund) is ETF REK (PROSHARES SHORT REAL ESTATE). The correlation is -0.6325.

Stocks that lowly correlated with MHF

SymbolName
Market cap
SectorIndustry
Correlation
RDAGURepublic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)$42MFinancial ServicesShell Companies-0.61
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.59
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.56
SZZLSizzle Acquisition Corp II - Class A$245MFinancial ServicesShell Companies-0.55
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.51
GSHRGesher Acquisition Corp II - Class A$157MFinancial ServicesShell Companies-0.51
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.50
GSRTUGSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts)$467MN/AN/A-0.48
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.48
LWACWLightWave Acquisition Corp - Warrants (06/06/2030)$178MN/AN/A-0.47
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.46
OBAOxley Bridge Acquisition Ltd - Class A$260MFinancial ServicesShell Companies-0.45
VNMEWVendome Acquisition Corporation I Warrant$2.70MN/AN/A-0.45
LIMNLiminatus Pharma Inc$5.14MHealthcareBiotechnology-0.45
LOKVLive Oak Acquisition Corp V - Class A$265MFinancial ServicesShell Companies-0.44
NPACUNew Providence Acquisition Corp III - Units (1 Ord Share Class A & 1/3 War)$68MFinancial ServicesShell Companies-0.44
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.43
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.43
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.42
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.42
RTACURenatus Tactical Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$77MFinancial ServicesShell Companies-0.42
SZZLUSizzle Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$70MFinancial ServicesShell Companies-0.42
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.42
RBNERobin Energy Ltd$4.88MEnergyOil & Gas Midstream-0.42
LRELead Real Estate Co Ltd$19MReal EstateReal Estate - Development-0.41
KLTOKlotho Neurosciences Inc Com$64MHealthcareBiotechnology-0.41
KLTOWKlotho Neurosciences Inc Wt Exp$10MHealthcareBiotechnology-0.41
KWMK Wave Media Ltd$7.63MCommunication ServicesEntertainment-0.41
DMAADrugs Made In America Acquisition Corp$246MFinancial ServicesShell Companies-0.41
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.41
ARAIArrive AI Inc$15MTechnologyScientific & Technical Instruments-0.41
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.41
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.41
BOWNUBowen Acquisition Corp - Units (1 Ordinary share & 1 Right)$30MFinancial ServicesShell Companies-0.40
JUNSJupiter Neurosciences Inc$6.48MHealthcareBiotechnology-0.40
FLYEFly-E Group Inc$3.31MConsumer CyclicalAuto Manufacturers-0.40
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.40
RACRithm Acquisition Corp.$247MFinancial ServicesShell Companies-0.39
SRMSRM Entertainment Inc$2.31BN/AN/A-0.39
PHOEPhoenix Asia Holdings Ltd$492MIndustrialsEngineering & Construction-0.39
BCGBinah Capital Group Inc$25MFinancial ServicesAsset Management-0.39
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.38
NIPGNIP Group Inc$82MCommunication ServicesEntertainment-0.37
SDHIRSiddhi Acquisition Corp$1.13MN/AN/A-0.37
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.37
BURUNuburu Inc$20MIndustrialsSpecialty Industrial Machinery-0.37
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.36
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.36

ETFs that lowly correlated with MHF

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.63
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.63
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.60
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.59
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.58
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.53
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.53
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.53
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.53
NVYYGraniteShares YieldBOOST NVDA ETF$39M1.15%May 12, 2025-0.53
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.52
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.52
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.52
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.51
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.51
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.51
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.51
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.50
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.50
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.50
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.50
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.50
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.50
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.49
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.49
PMMFiShares Prime Money Market ETF$646M0.20%Feb 4, 2025-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.48
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.48
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.48
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.47
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.47
VBILVANGUARD 0-3 MONTH TREASURY BILL ETF ETF SHARES$9.30B0.06%Feb 10, 2025-0.46
GMMFiShares Government Money Market ETF$178M0.20%Feb 4, 2025-0.45
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.44
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.43
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.43
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.43
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.43
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.41
VGUSVANGUARD ULTRA-SHORT TREASURY ETF ETF SHARES$1B0.07%Feb 10, 2025-0.41
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.40
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.39
ASTXTradr 2X Long ASTS Daily ETF$602MN/AJul 10, 2025-0.39
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.39
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.37
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.36
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.36