30 Stocks and 70 ETFs for diversifying MMU (Western Asset Managed Municipals Fund)
The least correlated asset to MMU (Western Asset Managed Municipals Fund) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7583.
Stocks that lowly correlated with MMU
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.70 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.68 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.63 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.63 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.61 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.58 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.58 |
| ETOR | Etoro Group Ltd - Class A | $3.64B | Financial Services | Capital Markets | -0.55 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.54 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.50 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.49 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.49 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.47 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.46 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.46 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $5.42M | Healthcare | Medical Instruments & Supplies | -0.46 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.46 |
| UYSC | UY Scuti Acquisition Corp | $73M | Financial Services | Shell Companies | -0.45 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.45 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.43 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.43 |
| HCHL | Happy City Holdings Ltd - Class A | $59M | Consumer Cyclical | Restaurants | -0.43 |
| ATPC | Agape ATP Corp | $2.85M | Consumer Defensive | Packaged Foods | -0.43 |
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.42 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.41 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.41 |
| YAAS | Youxin Technology Ltd - Class A | $8.49M | Technology | Software - Application | -0.40 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.40 |
| STAK | Stak Inc | $17M | Energy | Oil & Gas Equipment & Services | -0.39 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.39 |