84 Stocks and 16 ETFs for diversifying MMSD (IQ MACKAY MUNICIPAL SHORT DURATION ETF)
The least correlated asset to MMSD (IQ MACKAY MUNICIPAL SHORT DURATION ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with MMSD
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| LSEA | Landsea Homes Corporation - Class A | $411M | N/A | N/A | -1.00 |
| RGLS | Regulus Therapeutics Inc | $540M | N/A | N/A | -1.00 |
| PHX | PHX Minerals Inc - Class A | $165M | N/A | N/A | -1.00 |
| TGI | Triumph Group Inc | $2.03B | N/A | N/A | -1.00 |
| LTRY | Lottery.com Inc | $3.98M | N/A | N/A | -0.98 |
| SKX | Skechers U S A Inc - Class A | $9.55B | Consumer Cyclical | Footwear & Accessories | -0.97 |
| HMST | HomeStreet Inc | $262M | N/A | N/A | -0.97 |
| OLO | Olo Inc - Class A | $1.87B | Technology | Software - Application | -0.92 |
| NEUE | NeueHealth, Inc. | $61M | Healthcare | Healthcare Plans | -0.89 |
| MINM | FiEE Inc | $18M | N/A | N/A | -0.88 |
| HLVX | HilleVax Inc | $105M | Healthcare | Biotechnology | -0.87 |
| BLDE | Blade Air Mobility Inc - Class A | $385M | N/A | N/A | -0.87 |
| OPOF | Old Point Financial Corp | $215M | Financial Services | Banks - Regional | -0.80 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.78 |
| ETNB | 89bio Inc | $2.34B | Healthcare | Biotechnology | -0.77 |
| PUBM | PubMatic Inc - Class A | $650M | Technology | Software - Application | -0.76 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.76 |
| ATIF | ATIF Holdings Ltd | $6.07M | N/A | N/A | -0.75 |
| CMMB | Chemomab Therapeutics Ltd | $11M | Healthcare | Biotechnology | -0.75 |
| TLX | Telix Pharmaceuticals Ltd | $3.82B | Healthcare | Biotechnology | -0.74 |
| CNL | Collective Mining Ltd. | $1.14B | Basic Materials | Gold | -0.74 |
| TRON | Corner Growth Acquisition Corp 2 - Class A | $700M | Consumer Cyclical | Leisure | -0.72 |
| THS | Treehouse Foods, Inc. | $1.23B | Consumer Defensive | Packaged Foods | -0.72 |
| SABR | Sabre Corp | $696M | Technology | Software - Infrastructure | -0.71 |
| QSR | Restaurant Brands International Inc | $26B | Consumer Cyclical | Restaurants | -0.71 |
| BASE | Couchbase Inc | $1.34B | Technology | Software - Infrastructure | -0.70 |
| RAIN | Rain Enhancement Technologies Holdco, Inc. Class A Common Stock | $13M | Industrials | Pollution & Treatment Controls | -0.68 |
| UVE | Universal Insurance Holdings Inc | $1.04B | Financial Services | Insurance - Property & Casualty | -0.67 |
| VTEX | Vtex - Class A | $683M | Technology | Software - Application | -0.67 |
| FRES | Fresh2 Group Limited | $2.97M | Healthcare | Diagnostics & Research | -0.67 |
| CVII | Churchill Capital Corp VII - Class A | $570M | Financial Services | Shell Companies | -0.67 |
| MDRRP | Medalist Diversified REIT Inc | $28M | Real Estate | Reit - Diversified | -0.67 |
| SHLT | SHL Telemedicine Ltd ADR | $39M | Healthcare | Health Information Services | -0.67 |
| PXDT | Pixie Dust Technologies Inc | $8.62M | Technology | Consumer Electronics | -0.67 |
| NTBL | Notable Labs Inc Ord | $2.39M | Healthcare | Biotechnology | -0.67 |
| MCACU | ConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right) | $70M | Financial Services | Shell Companies | -0.67 |
| AILE | iLearningEngines Holdings Inc - Class A | $59M | Technology | Software - Infrastructure | -0.67 |
| ULS | UL Solutions Inc - Class A | $18B | Industrials | Specialty Business Services | -0.66 |
| TWLO | Twilio Inc Class A | $32B | Technology | Software - Infrastructure | -0.66 |
| TPIC | TPI Composites Inc | $6.19M | Industrials | Specialty Industrial Machinery | -0.66 |
| FRSX | Foresight Autonomous Holdings Ltd | $5.65M | Consumer Cyclical | Auto Parts | -0.66 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.65 |
| SOHO | Sotherly Hotels Inc | $46M | Real Estate | Reit - Hotel & Motel | -0.65 |
| GRND | Grindr Inc - Class A | $2.79B | Technology | Software - Application | -0.65 |
| BIVI | BioVie Inc - Class A | $13M | Healthcare | Biotechnology | -0.65 |
| CGNT | Cognyte Software Ltd | $653M | Technology | Software - Infrastructure | -0.64 |
| KORE | Kore Group Holdings Inc | $163M | Communication Services | Telecom Services | -0.64 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.64 |
| RAMP | LiveRamp Holdings Inc | $2.42B | Technology | Software - Infrastructure | -0.64 |
| LPTX | Leap Therapeutics Inc | $85M | Healthcare | Biotechnology | -0.64 |
| SLRN | Acelyrin Inc | $229M | Healthcare | Biotechnology | -0.64 |
| MRSN | Mersana Therapeutics Inc | $145M | Healthcare | Biotechnology | -0.64 |
| SNTI | Senti Biosciences Inc | $32M | Healthcare | Biotechnology | -0.63 |
| IBTA | Ibotta Inc - Class A | $753M | Technology | Software - Application | -0.63 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.63 |
| VIST | Vista Energy S.A.B. de C.V | $7.23B | Energy | Oil & Gas E&p | -0.63 |
| TECX | AvroBio Inc | $612M | Healthcare | Biotechnology | -0.62 |
| OCFT | Oneconnect Financial Technology Co Ltd | $309M | Technology | Software - Application | -0.62 |
| ACXP | Acurx Pharmaceuticals Inc | $5.93M | Healthcare | Biotechnology | -0.62 |
| EOLS | Evolus Inc | $392M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.61 |
| ETOR | Etoro Group Ltd - Class A | $3.63B | Financial Services | Capital Markets | -0.61 |
| DSP | Viant Technology Inc - Class A | $824M | Technology | Software - Application | -0.61 |
| AFMD | Affimed N.V. | $2.98M | Healthcare | Biotechnology | -0.60 |
| SLN | Silence Therapeutics Plc | $494M | Healthcare | Biotechnology | -0.60 |
| XPER | Xperi Inc | $376M | Technology | Software - Application | -0.59 |
| DTIL | Precision Biosciences Inc | $227M | Healthcare | Biotechnology | -0.59 |
| TWG | Top Wealth Group Holding Ltd | $133M | Consumer Defensive | Food Distribution | -0.58 |
| NDLS | Noodles & Company - Class A | $69M | Consumer Cyclical | Restaurants | -0.58 |
| ROMA | Roma Green Finance Ltd | $438M | Industrials | Consulting Services | -0.58 |
| K | Kellanova Company | $29B | Consumer Defensive | Packaged Foods | -0.58 |
| AVDX | AvidXchange Holdings Inc | $2.07B | Technology | Software - Infrastructure | -0.58 |
| IOT | Samsara Inc - Class A | $21B | Technology | Software - Infrastructure | -0.58 |
| BCRX | Biocryst Pharmaceuticals Inc | $2.39B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.57 |
| EDSA | Edesa Biotech Inc | $61M | Healthcare | Biotechnology | -0.57 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.56 |
| VEEA | Veea Inc | $9.93M | Technology | Information Technology Services | -0.56 |
| CLSD | Clearside Biomedical, Inc. Common Stock | $2.15M | Healthcare | Biotechnology | -0.56 |
| AR | Antero Resources Corp | $10B | Energy | Oil & Gas E&p | -0.56 |
| CLVT | Clarivate Plc | $1.49B | Technology | Information Technology Services | -0.56 |
| TKNO | Alpha Teknova Inc | $284M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.56 |
| LB | Landbridge Company LLC. - Class A | $5.70B | Energy | Oil & Gas Equipment & Services | -0.55 |
| THCH | TH International Ltd | $61M | Consumer Cyclical | Restaurants | -0.55 |
| IT | Gartner Inc | $9.33B | Technology | Information Technology Services | -0.55 |
| TELO | Telomir Pharmaceuticals Inc | $46M | Healthcare | Biotechnology | -0.55 |