29 Stocks and 71 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 -0.7573.
Stocks that lowly correlated with MMU
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.70 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.69 |
| APADR | Enhanced Group Inc | $6.67M | N/A | N/A | -0.63 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.63 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $18M | Financial Services | Shell Companies | -0.56 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.56 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.55 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $263M | Financial Services | Shell Companies | -0.53 |
| ETOR | Etoro Group Ltd - Class A | $3.63B | Financial Services | Capital Markets | -0.51 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.50 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.49 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.49 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.49 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.48 |
| EMPD | Empery Digital Inc | $98M | Consumer Cyclical | Auto Manufacturers | -0.47 |
| UYSC | UY Scuti Acquisition Corp | $74M | Financial Services | Shell Companies | -0.47 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.45 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.45 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.45 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.44 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.43 |
| ATPC | Agape ATP Corp | $2.52M | Consumer Defensive | Packaged Foods | -0.43 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.42 |
| PROP | Prairie Operating Co. Common Stock | $60M | 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 |
| DFSC | DEFSEC Technologies Inc Com | $3.99M | Industrials | Aerospace & Defense | -0.41 |
| DMAA | Drugs Made In America Acquisition Corp | $246M | Financial Services | Shell Companies | -0.40 |
| PN | Skycorp Solar Group Ltd - Series A | $91M | Technology | Solar | -0.40 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.40 |