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27 Stocks and 73 ETFs for diversifying MYD (BlackRock MuniYield Fund)

The least correlated asset to MYD (BlackRock MuniYield Fund) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7803.

Stocks that lowly correlated with MYD

SymbolName
Market cap
SectorIndustry
Correlation
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.61
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.59
YHNAUYHN Acquisition I Ltd - Units (1 Ord & 1 Rts)$64MFinancial ServicesShell Companies-0.58
PNSkycorp Solar Group Ltd$100MTechnologySolar-0.57
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.54
FLYEFly-E Group Inc$3.26MConsumer CyclicalAuto Manufacturers-0.52
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.50
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.49
NYAXNayax Ltd$2.65BTechnologySoftware - Infrastructure-0.48
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.47
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.47
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$62MFinancial ServicesShell Companies-0.47
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.47
YSXTYsx Tech Co.Ltd - Class A$25MIndustrialsSpecialty Business Services-0.45
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.43
DMAADrugs Made In America Acquisition Corp$244MFinancial ServicesShell Companies-0.42
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.42
SMXTSolarMax Technology Inc$27MTechnologySolar-0.40
ATPCAgape ATP Corp$3.01MConsumer DefensivePackaged Foods-0.40
MASK3 E Network Technology Group Ltd - Class A$1.60MTechnologySoftware - Application-0.38
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.37
BOWBowhead Specialty Holdings Inc$889MFinancial ServicesInsurance - Property & Casualty-0.37
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.36
AAPGAscentage Pharma Group International$1.58BHealthcareBiotechnology-0.36
RECTRectitude Holdings Ltd$17MConsumer CyclicalSpecialty Retail-0.36
NTWOUNewbury Street II Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$184MFinancial ServicesShell Companies-0.35
NCTIntercont (Cayman) Ltd$2.61MIndustrialsMarine Shipping-0.35

ETFs that lowly correlated with MYD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $231M0.50%May 10, 2021-0.78
REKPROSHARES SHORT REAL ESTATE $11M0.95%Mar 16, 2010-0.75
SJBPROSHARES SHORT HIGH YIELD $67M0.95%Mar 21, 2011-0.74
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.73
EFZPROSHARES SHORT MSCI EAFE $12M0.95%Oct 23, 2007-0.67
EFUProShares UltraShort MSCI EAFE -2x Shares$1.30MN/AOct 23, 2007-0.67
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.65
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $251M1.04%Sep 30, 2021-0.64
RYSEVEST 10 YEAR INTEREST RATE HEDGE ETF N/A0.94%Feb 2, 2023-0.64
HIBSDIREXION DAILY S&P 500(R) HIGH BETA BEAR 3X SHARES $16MN/ANov 7, 2019-0.63
SHProShares Short S&P500 -1x Shares$981M0.89%Jun 19, 2006-0.61
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $198M0.47%Jun 8, 2016-0.61
MUDDIREXION DAILY MU BEAR 1X SHARES $73M0.97%Oct 9, 2024-0.61
SIJProShares UltraShort Industrials -2x Shares$6.30MN/AJan 30, 2007-0.61
SDSProShares UltraShort S&P500 -2x Shares$433MN/AJul 11, 2006-0.60
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.60
TWMProShares UltraShort Russell2000 -2x Shares$51MN/AJan 23, 2007-0.59
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9.30M6.22%Jul 10, 2018-0.59
EUMProShares Short MSCI Emerging Markets -1x Shares$10M0.95%Oct 30, 2007-0.59
MYYPROSHARES SHORT MIDCAP400 $2.60MN/AJun 19, 2006-0.59
RWMPROSHARES SHORT RUSSELL2000 $119M0.95%Jan 23, 2007-0.59
EWVProShares UltraShort MSCI Japan -2x Shares$6.50MN/ANov 6, 2007-0.58
MZZPROSHARES ULTRASHORT MIDCAP400 $701KN/AJul 11, 2006-0.58
SBBPROSHARES SHORT SMALLCAP600 $3.60M0.95%Jan 23, 2007-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$3.20MN/AOct 30, 2007-0.58
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $63M3.62%Jan 26, 2011-0.58
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.40MN/AJan 23, 2007-0.57
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$36M0.89%Jan 17, 2018-0.57
DOGPROSHARES SHORT DOW30 $109M0.95%Jun 19, 2006-0.57
SEFProShares Short Financials -1x Shares$15M0.95%Jun 10, 2008-0.57
DXDPROSHARES ULTRASHORT DOW30 $48MN/AJul 11, 2006-0.57
SKFProShares UltraShort Financials -2x Shares$15MN/AMay 23, 2007-0.57
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $327M0.90%Dec 1, 2020-0.56
UVIX2x Long VIX Futures ETF$411MN/AMar 28, 2022-0.56
SZKPROSHARES ULTRASHORT CONSUMER STAPLES $4.80MN/AJan 30, 2007-0.56
EMTYPROSHARES DECLINE OF THE RETAIL STORE ETF $3M0.65%Nov 14, 2017-0.55
PSQProShares Short QQQ -1x Shares$658M0.95%Jun 19, 2006-0.55
SDOWProShares UltraPro Short Dow30 -3x Shares$177MN/AFeb 9, 2010-0.54
VIXMProShares VIX Mid-Term Futures ETF$45M1.10%Jan 3, 2011-0.54
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $7.30MN/ANov 7, 2019-0.54
SCCProShares UltraShort Consumer Discretionary$5.90MN/AJan 30, 2007-0.54
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $28MN/ADec 17, 2008-0.53
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $380M0.51%Dec 18, 2013-0.51
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.50
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $12M0.70%Jun 28, 2022-0.50
REWProShares UltraShort Technology -2x Shares$2.50MN/AJan 30, 2007-0.50
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$77MN/AMay 28, 2015-0.49
SRTYProShares UltraPro Short Russell2000 -3x Shares$72MN/AFeb 9, 2010-0.48
RXDPROSHARES ULTRASHORT HEALTH CARE $5.30MN/AJan 30, 2007-0.48
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $34MN/AJul 16, 2009-0.47
SPXUProShares UltraPro Short S&P 500$463MN/AJun 23, 2009-0.47
WZRDOpportunistic Trader ETF$2.80M1.07%Jun 24, 2025-0.47
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.47
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.46
SMDDProShares UltraPro Short MidCap400 -3x Shares$2.10MN/AFeb 9, 2010-0.46
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.46
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $180MN/AApr 16, 2009-0.46
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.46
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $333MN/AApr 29, 2008-0.46
TBFPROSHARES SHORT 20+ YEAR TREASURY $133M0.95%Aug 18, 2009-0.46
SDPProShares UltraShort Utilities -2x Shares$4.40MN/AJan 30, 2007-0.46
TBXPROSHARES SHORT 7-10 YEAR TREASURY $16M0.95%Apr 4, 2011-0.45
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M0.98%Oct 2, 2024-0.45
SARKTRADR 1X SHORT INNOVATION DAILY ETF $52M0.92%Nov 5, 2021-0.45
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.40MN/AApr 6, 2010-0.44
UUPInvesco DB US Dollar Index Bullish Fund$378M0.75%Feb 20, 2007-0.44
QIDPROSHARES ULTRASHORT QQQ $236MN/AJul 11, 2006-0.40
YCSProShares UltraShort Yen -2x Shares$30MN/ANov 24, 2008-0.38
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.37
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $18M1.00%Aug 8, 2022-0.37
FNGDBank of Montreal$46MN/AJan 22, 2018-0.36
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.10MN/AJun 16, 2009-0.35
ZSLProShares UltraShort Silver -2x Shares$106MN/ADec 1, 2008-0.35