89 Stocks and 11 ETFs for diversifying MUNA (NORTHERN TRUST 2030 TAX-EXEMPT DISTRIBUTING LADDER ETF)
The least correlated asset to MUNA (NORTHERN TRUST 2030 TAX-EXEMPT DISTRIBUTING LADDER ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with MUNA
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| YMAB | Y-Mabs Therapeutics Inc | $390M | Healthcare | Biotechnology | -1.00 |
| TURN | 180 Degree Capital Corp | $50M | Financial Services | Asset Management | -1.00 |
| THTX | Theratechnologies Inc | $167M | Healthcare | Biotechnology | -1.00 |
| OLO | Olo Inc - Class A | $1.87B | Technology | Software - Application | -1.00 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -1.00 |
| DRRX | Durect Corp | $60M | Healthcare | Drug Manufacturers - Specialty & Generic | -1.00 |
| DALN | DallasNews Corporation - Class A | $88M | N/A | N/A | -1.00 |
| ANTE | AirNet Technology Inc | $89M | N/A | N/A | -1.00 |
| EPIX | Essa Pharma Inc | $8.93M | Healthcare | Biotechnology | -0.93 |
| ENCP | Graphjet Technology - Class A | $6.83M | Financial Services | Shell Companies | -0.89 |
| SWIN | Solowin Holdings | $54M | N/A | N/A | -0.87 |
| VKTX | Viking Therapeutics Inc | $4.38B | Healthcare | Biotechnology | -0.86 |
| K | Kellanova Company | $29B | Consumer Defensive | Packaged Foods | -0.85 |
| CSAI | Cloudastructure Inc - Class A | $7.44M | Technology | Software - Infrastructure | -0.84 |
| AKRO | Akero Therapeutics Inc | $4.38B | Healthcare | Biotechnology | -0.83 |
| HI | Hillenbrand, Inc. | $2.26B | Industrials | Specialty Industrial Machinery | -0.81 |
| HOLX | Hologic Inc | $17B | Healthcare | Medical Instruments & Supplies | -0.78 |
| IAS | Integral Ad Science Holding Corp | $1.73B | Communication Services | Advertising Agencies | -0.78 |
| ATXS | Astria Therapeutics Inc | $710M | Healthcare | Biotechnology | -0.78 |
| OCFT | Oneconnect Financial Technology Co Ltd | $309M | Technology | Software - Application | -0.76 |
| AKA | a.k.a. Brands Holding Corp | $119M | Consumer Cyclical | Apparel Retail | -0.75 |
| PCSA | Processa Pharmaceuticals Inc | $6.40M | Healthcare | Biotechnology | -0.74 |
| MRUS | Merus N.V | $6.83B | Healthcare | Biotechnology | -0.74 |
| ASMB | Assembly Biosciences Inc | $425M | Healthcare | Biotechnology | -0.73 |
| BCAX | Bicara Therapeutics Inc | $1.84B | Healthcare | Biotechnology | -0.73 |
| GSRTU | GSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts) | $467M | N/A | N/A | -0.73 |
| IZEA | IZEA Worldwide Inc | $61M | Communication Services | Internet Content & Information | -0.73 |
| CLCO | Cool Company Ltd. | $520M | Energy | Oil & Gas Midstream | -0.73 |
| SSII | SS Innovations International Inc | $704M | Healthcare | Medical Devices | -0.73 |
| DYN | Dyne Therapeutics Inc | $3.96B | Healthcare | Biotechnology | -0.72 |
| DFLIW | Dragonfly Energy Holdings Corp - Warrants (10/07/2027) | $618K | N/A | N/A | -0.72 |
| ANRO | Alto Neuroscience Inc | $973M | Healthcare | Biotechnology | -0.71 |
| IMPPP | Imperial Petroleum Inc | $1.15B | Energy | Oil & Gas Midstream | -0.70 |
| ANIX | Anixa Biosciences Inc | $119M | Healthcare | Biotechnology | -0.70 |
| NXTC | Nextcure Inc | $24M | Healthcare | Biotechnology | -0.69 |
| SLN | Silence Therapeutics Plc | $494M | Healthcare | Biotechnology | -0.69 |
| INTS | Intensity Therapeutics Inc | $12M | Healthcare | Biotechnology | -0.69 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.69 |
| LPTX | Leap Therapeutics Inc | $85M | Healthcare | Biotechnology | -0.69 |
| DTIL | Precision Biosciences Inc | $227M | Healthcare | Biotechnology | -0.68 |
| RYOJ | rYojbaba Co. Ltd | $51M | Industrials | Consulting Services | -0.68 |
| KLTOW | Klotho Neurosciences Inc Wt Exp | $10M | Healthcare | Biotechnology | -0.68 |
| EICB | Eagle Point Income Company Inc. 7.75% Series B Term Preferred Stock Due 2028 | $626M | Financial Services | Asset Management | -0.68 |
| CVRX | CVRx Inc | $139M | Healthcare | Medical Devices | -0.68 |
| QSIAW | Quantum-Si Incorporated - Warrants (10/06/2026) | $1.85B | N/A | N/A | -0.67 |
| RVSN | Rail Vision Ltd | $9.27M | Industrials | Railroads | -0.67 |
| XENE | Xenon Pharmaceuticals Inc | $6.54B | Healthcare | Biotechnology | -0.67 |
| ARAI | Arrive AI Inc | $15M | Technology | Scientific & Technical Instruments | -0.67 |
| PHOE | Phoenix Asia Holdings Ltd | $492M | Industrials | Engineering & Construction | -0.67 |
| RKDA | Arcadia Biosciences Inc | $1.36M | Consumer Defensive | Packaged Foods | -0.67 |
| SION | Sionna Therapeutics Inc | $2B | Healthcare | Biotechnology | -0.67 |
| MIGI | Mawson Infrastructure Group Inc | $17M | Financial Services | Capital Markets | -0.67 |
| TAL | TAL Education Group | $2.13B | Consumer Defensive | Education & Training Services | -0.67 |
| PTGX | Protagonist Therapeutics Inc | $8.70B | Healthcare | Biotechnology | -0.67 |
| TAOX | TAO Synergies Inc | $29M | Technology | Software - Infrastructure | -0.66 |
| PRTA | Prothena Corporation plc | $447M | Healthcare | Biotechnology | -0.66 |
| KZR | Kezar Life Sciences Inc | $54M | Healthcare | Biotechnology | -0.66 |
| SYM | Symbotic Inc - Class A | $26B | Industrials | Specialty Industrial Machinery | -0.66 |
| NGNE | Neoleukin Therapeutics Inc | $616M | Healthcare | Biotechnology | -0.65 |
| NOTV | Inotiv, Inc. Common Stock | $1.74M | Healthcare | Diagnostics & Research | -0.65 |
| BKYI | BIO-key International, Inc. Common Stock | $5.31M | Industrials | Security & Protection Services | -0.65 |
| MYSEW | Myseum Inc - Warrants - Series A (13/08/2024) | $424K | N/A | N/A | -0.65 |
| IMNM | Immunome Inc | $2.59B | Healthcare | Biotechnology | -0.65 |
| TRMB | Trimble Inc | $12B | Technology | Scientific & Technical Instruments | -0.64 |
| ELWS | Earlyworks Co Ltd | $55M | Technology | Software - Application | -0.64 |
| SEED | Origin Agritech Ltd | $12M | Basic Materials | Agricultural Inputs | -0.64 |
| BGFV | Big 5 Sporting Goods Corp | $32M | Consumer Cyclical | Specialty Retail | -0.64 |
| LSE | Leishen Energy Holding Co Ltd | $78M | Energy | Oil & Gas Equipment & Services | -0.64 |
| PYPL | PayPal Holdings Inc | $50B | Financial Services | Credit Services | -0.63 |
| EVAX | Evaxion Biotech A/S | $25M | Healthcare | Biotechnology | -0.63 |
| INTU | Intuit Inc | $77B | Technology | Software - Application | -0.63 |
| ASNS | Actelis Networks Inc | $2.02M | Technology | Communication Equipment | -0.63 |
| TELO | Telomir Pharmaceuticals Inc | $46M | Healthcare | Biotechnology | -0.63 |
| PAY | Paymentus Holdings Inc - Class A | $3.64B | Technology | Software - Infrastructure | -0.62 |
| CEG | Constellation Energy Corporation | $93B | Utilities | Utilities - Independent Power Producers | -0.62 |
| PLMK | Plum Acquisition Corp IV - Class A | $197M | Financial Services | Shell Companies | -0.62 |
| EPOW | E-Power Inc - Class A | $19M | Industrials | Electrical Equipment & Parts | -0.62 |
| SRPT | Sarepta Therapeutics Inc | $1.86B | Healthcare | Biotechnology | -0.62 |
| GAINN | Gladstone Investment Corporation | $1B | N/A | N/A | -0.62 |
| ACRV | Acrivon Therapeutics Inc | $74M | Healthcare | Biotechnology | -0.62 |
| CTXR | Citius Pharmaceuticals Inc | $12M | Healthcare | Biotechnology | -0.62 |
| AAM | AA Mission Acquisition Corp. | $368M | Financial Services | Shell Companies | -0.62 |
| QSR | Restaurant Brands International Inc | $26B | Consumer Cyclical | Restaurants | -0.61 |
| FEMY | Femasys Inc | $11M | Healthcare | Medical Instruments & Supplies | -0.61 |
| DYCQR | DT Cloud Acquisition Corp | $474K | N/A | N/A | -0.61 |
| THCH | TH International Ltd | $61M | Consumer Cyclical | Restaurants | -0.61 |
| CDTX | Cidara Therapeutics Inc | $6.49B | Healthcare | Biotechnology | -0.61 |
| FIS | Fidelity National Information Services Inc | $21B | Technology | Information Technology Services | -0.61 |
| LXEO | Lexeo Therapeutics Inc | $351M | Healthcare | Biotechnology | -0.61 |
ETFs that lowly correlated with MUNA
| Symbol | Name | AUM | Expense Ratio | Inception Date | Correlation |
|---|---|---|---|---|---|
| NTRL | First Trust Equity Market Neutral ETF | $19M | 0.95% | Feb 4, 2020 | -1.00 |
| XCOM | Ultra Communication Services Select Sector ETF | $384K | N/A | Jun 2, 2026 | -1.00 |
| ONG | Leverage Shares 2X Long ON Daily ETF | $1.90M | N/A | Jun 1, 2026 | -1.00 |
| MZZ | PROSHARES ULTRASHORT MIDCAP400 | $2.40M | N/A | Jul 11, 2006 | -0.67 |
| SMCP | AlphaMark Actively Managed Small Cap ETF | $3.50M | 0.79% | May 11, 2026 | -0.66 |
| PTH | INVESCO DORSEY WRIGHT HEALTHCARE MOMENTUM ETF | $135M | 0.60% | Oct 12, 2006 | -0.64 |
| DZZ | PowerShares DB Gold Double Short ETN | $1.20M | N/A | Feb 27, 2008 | -0.64 |
| PYPG | LEVERAGE SHARES 2X LONG PYPL DAILY ETF | $17M | N/A | Apr 3, 2025 | -0.64 |
| HQL | abrdn Life Sciences Investors | $689M | N/A | N/A | -0.62 |
| SBIO | ALPS MEDICAL BREAKTHROUGHS ETF | $190M | 0.50% | Dec 30, 2014 | -0.62 |
| PLTY | YieldMax PLTR Option Income Strategy ETF | $317M | 1.07% | Oct 7, 2024 | -0.61 |