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32 Stocks and 68 ETFs for diversifying MYI (BlackRock MuniYield Quality Fund III)

The least correlated asset to MYI (BlackRock MuniYield Quality Fund III) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7968.

Stocks that lowly correlated with MYI

SymbolName
Market cap
SectorIndustry
Correlation
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.68
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.67
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.61
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.60
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.58
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.55
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.53
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.52
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.51
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.50
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.48
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.47
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.47
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.47
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.46
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.46
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.45
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.43
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.42
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.42
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.42
FLYEFly-E Group Inc$3MConsumer CyclicalAuto Manufacturers-0.41
SMXTSolarMax Technology Inc$31MTechnologySolar-0.40
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.40
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.39
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.39
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.38
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.38
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.38
SLDESlide Insurance Holdings Inc$2.20BFinancial ServicesInsurance - Property & Casualty-0.37
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.37
DECN/A$1.05BEnergyOil & Gas Integrated-0.37

ETFs that lowly correlated with MYI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.80
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.70
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.68
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.66
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.65
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.60
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.60
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.59
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.58
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.58
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.58
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.58
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.58
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.57
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.57
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.56
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.56
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.55
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.55
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.53
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.52
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.51
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.51
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.51
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.50
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.50
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.50
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.49
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.49
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.49
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.49
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.48
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.48
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.48
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.47
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.47
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.47
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.46
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.46
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.46
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.46
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.45
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.45
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.44
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.44
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.44
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.44
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.44
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.44
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.44
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.43
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.43
YCSProShares UltraShort Yen -2x Shares$28MN/ANov 24, 2008-0.42
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.41
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.41
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.41
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.40
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.40
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.39
WZRDOpportunistic Trader ETF$3.90M1.00%Jun 24, 2025-0.38
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $616MN/ASep 17, 2024-0.37
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.36