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31 Stocks and 69 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 -0.7945.

Stocks that lowly correlated with MYI

SymbolName
Market cap
SectorIndustry
Correlation
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.76
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.61
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.61
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.57
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.57
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.53
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.53
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.52
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.51
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.51
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.50
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.49
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.49
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.48
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.47
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.46
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.46
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.46
APADREnhanced Group Inc$6.67MN/AN/A-0.45
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.44
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.44
CVCapsoVision Inc$315MHealthcareMedical Devices-0.44
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.43
SMXTSolarMax Technology Inc$20MTechnologySolar-0.42
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.41
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.40
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.40
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.40
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.40
FLYEFly-E Group Inc$3.31MConsumer CyclicalAuto Manufacturers-0.39
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.38

ETFs that lowly correlated with MYI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.79
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.70
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.68
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.66
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.65
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.64
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.64
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.62
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.60
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.60
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.59
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.59
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.59
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.58
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.58
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.58
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.58
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.57
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.56
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.55
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.55
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.53
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.52
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.51
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.51
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.51
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.50
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.50
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.50
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.49
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.49
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.49
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.49
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.48
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.48
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.48
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.47
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/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$35M0.89%Jan 17, 2018-0.46
DXDPROSHARES ULTRASHORT DOW30 $46MN/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$6.80MN/AJan 30, 2007-0.45
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.45
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.45
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.44
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.44
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.44
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.44
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.44
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.43
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.43
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.43
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.42
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.41
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.41
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.41
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.40
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.40
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.40
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $291MN/ASep 17, 2024-0.39