76 Stocks and 24 ETFs for diversifying MUNC (NORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF)
The least correlated asset to MUNC (NORTHERN TRUST 2045 TAX-EXEMPT DISTRIBUTING LADDER ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with MUNC
| 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 |
| 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 |
| OLO | Olo Inc - Class A | $1.87B | Technology | Software - Application | -1.00 |
| IMAB | I-Mab | $340M | Healthcare | Biotechnology | -0.99 |
| GSRTU | GSR III Acquisition Corp - Units (1 Ord Class A & 1/7 Rts) | $467M | N/A | N/A | -0.96 |
| SNV-P-D | Synovus Financial Corp | $3.51B | N/A | Other | -0.95 |
| ERJ | Embraer S.A. | $12B | Industrials | Aerospace & Defense | -0.94 |
| ADN | Advent Technologies Holdings, Inc. Class A Common Stock | $2.71M | Industrials | Electrical Equipment & Parts | -0.93 |
| PHLT | Performant Healthcare Inc | $626M | Healthcare | Health Information Services | -0.92 |
| VRNA | Verona Pharma Plc | $78B | Healthcare | Biotechnology | -0.88 |
| SWIN | Solowin Holdings | $54M | N/A | N/A | -0.86 |
| NEXT | NextDecade Corporation | $2.02B | Energy | Oil & Gas Equipment & Services | -0.83 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.82 |
| NETD | Nabors Energy Transition Corp II - Class A | $73M | Financial Services | Shell Companies | -0.81 |
| BCRX | Biocryst Pharmaceuticals Inc | $2.39B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.79 |
| DTCX | Datacentrex Inc | $74M | Financial Services | Financial Data & Stock Exchanges | -0.78 |
| EPIX | Essa Pharma Inc | $8.93M | Healthcare | Biotechnology | -0.78 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.78 |
| SRDX | Surmodics Inc | $614M | Healthcare | Medical Devices | -0.76 |
| COCH | Envoy Medical Inc - Class A | $50M | Healthcare | Medical Devices | -0.75 |
| CLVT | Clarivate Plc | $1.49B | Technology | Information Technology Services | -0.74 |
| ATHA | Athira Pharma Inc | $77M | Healthcare | Biotechnology | -0.74 |
| TECX | AvroBio Inc | $612M | Healthcare | Biotechnology | -0.74 |
| RLYB | Rallybio Corp | $85M | Healthcare | Biotechnology | -0.74 |
| EDSA | Edesa Biotech Inc | $61M | Healthcare | Biotechnology | -0.73 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.73 |
| SFM | Sprouts Farmers Market Inc | $6.93B | Consumer Defensive | Grocery Stores | -0.73 |
| YOU | Clear Secure Inc Class A | $5.61B | Technology | Software - Application | -0.72 |
| HFFG | HF Foods Group Inc | $90M | Consumer Defensive | Food Distribution | -0.71 |
| PRAA | PRA Group Inc | $688M | Financial Services | Credit Services | -0.71 |
| DV | DoubleVerify Holdings Inc | $1.84B | Communication Services | Advertising Agencies | -0.71 |
| KLTO | Klotho Neurosciences Inc Com | $64M | Healthcare | Biotechnology | -0.71 |
| MGRM | Monogram Technologies Inc | $213M | Healthcare | Medical Devices | -0.71 |
| WHF | WhiteHorse Finance Inc | $141M | Financial Services | Asset Management | -0.69 |
| SHIP | Seanergy Maritime Holdings Corp | $322M | Industrials | Marine Shipping | -0.69 |
| ANTX | AN2 Therapeutics Inc | $168M | Healthcare | Biotechnology | -0.69 |
| CVGI | Commercial Vehicle Group Inc | $166M | Consumer Cyclical | Auto Parts | -0.69 |
| PDEX | Pro-Dex Inc (co) | $181M | Healthcare | Medical Instruments & Supplies | -0.69 |
| NDLS | Noodles & Company - Class A | $69M | Consumer Cyclical | Restaurants | -0.68 |
| AIFF | WaveDancer Inc | $17M | Technology | Software - Application | -0.68 |
| DEC | N/A | $961M | Energy | Oil & Gas Integrated | -0.68 |
| RSVR | Reservoir Media Inc | $672M | Communication Services | Entertainment | -0.68 |
| LVTX | LAVA Therapeutics NV | $46M | Healthcare | Biotechnology | -0.67 |
| PMVP | PMV Pharmaceuticals Inc | $75M | Healthcare | Biotechnology | -0.67 |
| BIAF | BioAffinity Technologies Inc | $3.25M | Healthcare | Diagnostics & Research | -0.67 |
| RAND | Rand Capital Corp | $30M | Financial Services | Asset Management | -0.66 |
| ATIF | ATIF Holdings Ltd | $6.07M | N/A | N/A | -0.66 |
| TRON | Corner Growth Acquisition Corp 2 - Class A | $700M | Consumer Cyclical | Leisure | -0.66 |
| DAWN | Day One Biopharmaceuticals Inc | $2.22B | Healthcare | Biotechnology | -0.66 |
| REFI | Chicago Atlantic Real Estate Finance Inc | $226M | Real Estate | Reit - Mortgage | -0.66 |
| IOVA | Iovance Biotherapeutics Inc | $2.08B | Healthcare | Biotechnology | -0.66 |
| ULY | Urgent.ly Inc | $12M | Technology | Software - Application | -0.66 |
| STGW | Stagwell Inc - Class A | $1.90B | Communication Services | Advertising Agencies | -0.65 |
| CGNT | Cognyte Software Ltd | $653M | Technology | Software - Infrastructure | -0.65 |
| ROMA | Roma Green Finance Ltd | $438M | Industrials | Consulting Services | -0.65 |
| CNL | Collective Mining Ltd. | $1.14B | Basic Materials | Gold | -0.65 |
| GGR | Gogoro Inc - Class A | $61M | Consumer Cyclical | Auto Manufacturers | -0.65 |
| XAGE | Longevity Health Holdings Inc | $613K | Consumer Defensive | Household & Personal Products | -0.65 |
| EPSN | Epsilon Energy Ltd | $166M | Energy | Oil & Gas E&p | -0.65 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.64 |
| NAKA | Nakamoto Inc | $76M | Financial Services | Capital Markets | -0.64 |
| TYL | Tyler Technologies Inc | $15B | Technology | Software - Application | -0.64 |
| MPU | Mega Matrix Inc - Class A | $13M | Communication Services | Entertainment | -0.64 |
| KGEI | Kolibri Global Energy Inc | $184M | Energy | Oil & Gas E&p | -0.64 |
| BLSH | Bullish | $3.80B | Technology | Software - Infrastructure | -0.64 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.64 |
| XENE | Xenon Pharmaceuticals Inc | $6.54B | Healthcare | Biotechnology | -0.63 |
| AURA | Aura Biosciences Inc | $430M | Healthcare | Biotechnology | -0.62 |
| LOCO | El Pollo Loco Holdings Inc | $501M | Consumer Cyclical | Restaurants | -0.62 |
| RNG | RingCentral Inc - Class A | $3.44B | Technology | Software - Application | -0.62 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.62 |