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40 Stocks and 60 ETFs for diversifying NAZ (Nuveen Arizona Quality Municipal Income Fund)

The least correlated asset to NAZ (Nuveen Arizona Quality Municipal Income Fund) is company Lake Shore Bancorp (LSBK). The correlation is -0.6516.

Stocks that lowly correlated with NAZ

SymbolName
Market cap
SectorIndustry
Correlation
LSBKLake Shore Bancorp Inc$134MFinancial ServicesBanks - Regional-0.65
LIMNLiminatus Pharma Inc$5.14MHealthcareBiotechnology-0.63
NOEMCO2 Energy Transition Corp$73MFinancial ServicesShell Companies-0.59
BBOTBridgeBio Oncology Therapeutics Inc Com$674MHealthcareBiotechnology-0.57
BACCBlue Acquisition Corp - Class A$214MFinancial ServicesShell Companies-0.57
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.55
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.55
JCAPJefferson Capital Inc$1.06BFinancial ServicesCredit Services-0.53
DLXYDelixy Holdings Ltd$7.64MEnergyOil & Gas Refining & Marketing-0.53
RBNERobin Energy Ltd$4.88MEnergyOil & Gas Midstream-0.51
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.48
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.48
LHAILinkhome Holdings Inc$19MReal EstateReal Estate Services-0.48
SIShoulder Innovations Inc$452MN/AN/A-0.47
PLMKPlum Acquisition Corp IV - Class A$197MFinancial ServicesShell Companies-0.47
GIBOGIBO Holdings Ltd$106MCommunication ServicesInternet Content & Information-0.46
DAAQUDigital Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$55MFinancial ServicesShell Companies-0.46
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.45
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.45
AVBCAvidia Bancorp Inc$407MFinancial ServicesBanks - Regional-0.44
LBGJLi Bang International Corp Inc$189KIndustrialsSpecialty Industrial Machinery-0.44
RDAGURepublic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)$42MFinancial ServicesShell Companies-0.44
AGM-P-HFederal Agricultural Mortgage Corp$259MN/AN/A-0.43
UCARU Power Ltd - Class A$4.59MConsumer CyclicalAuto & Truck Dealerships-0.41
CARLCarlsmed Inc$301MHealthcareHealth Information Services-0.41
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.41
JUNSJupiter Neurosciences Inc$6.48MHealthcareBiotechnology-0.41
NPACUNew Providence Acquisition Corp III - Units (1 Ord Share Class A & 1/3 War)$68MFinancial ServicesShell Companies-0.40
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.40
FVNNRFuture Vision II Acquisition Corporation Right$341KN/AN/A-0.40
SCAGScage Future$25MIndustrialsFarm & Heavy Construction Machinery-0.40
BOWNUBowen Acquisition Corp - Units (1 Ordinary share & 1 Right)$30MFinancial ServicesShell Companies-0.40
PGACPantages Capital Acquisition Corp Cl A Ord Shs$118MFinancial ServicesShell Companies-0.40
WTGURWintergreen Acquisition Corp$237KN/AN/A-0.40
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.40
PTHLPheton Holdings Ltd - Class A$5.12MHealthcareMedical Devices-0.39
FVNFuture Vision II Acquisition Corporation$63MFinancial ServicesShell Companies-0.39
KWMK Wave Media Ltd$7.63MCommunication ServicesEntertainment-0.39
DVSDolly Varden Silver Corporation$258MBasic MaterialsSilver-0.39
GLIBKGCI Liberty Inc$877MCommunication ServicesTelecom Services-0.39

ETFs that lowly correlated with NAZ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JAPNHORIZON KINETICS JAPAN OWNER OPERATOR ETF $23M0.85%May 12, 2025-0.61
KMLIKraneShares 2x Long MELI Daily ETF$8.80MN/AApr 4, 2025-0.61
XLVISTATE STREET(R) HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)HEALTH CARE SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$16M0.35%Jul 29, 2025-0.61
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.61
XLFISTATE STREET(R) FINANCIAL SELECT SECTOR SPDR(R) PREMIUM INCOME ETF $5.80M0.35%Jul 29, 2025-0.59
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.59
DVXFWEBs Defined Volatility XLF ETF$251K0.89%Jul 22, 2025-0.58
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.57
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.57
DVXVWEBs Defined Volatility XLV ETF$480K0.89%Jul 22, 2025-0.56
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.55
AUSMAllspring Ultra Short Municipal ETF$31M0.18%Jul 7, 2025-0.54
PMMFiShares Prime Money Market ETF$646M0.20%Feb 4, 2025-0.54
VGUSVANGUARD ULTRA-SHORT TREASURY ETF ETF SHARES$1B0.07%Feb 10, 2025-0.53
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.53
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.53
RBLYYIELDMAX(R) RBLX OPTION INCOME STRATEGY ETF $2.40M0.99%Jul 28, 2025-0.51
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.51
JABSJANUS HENDERSON ASSET-BACKED SECURITIES ETF $135M0.33%Jul 22, 2025-0.50
GMMFiShares Government Money Market ETF$178M0.20%Feb 4, 2025-0.50
VBILVANGUARD 0-3 MONTH TREASURY BILL ETF ETF SHARES$9.30B0.06%Feb 10, 2025-0.50
DEFRAPTUS DEFERRED INCOME ETF$139M0.79%May 13, 2025-0.48
TAXSNORTHERN TRUST SHORT-TERM TAX-EXEMPT BOND ETF $118M0.05%Aug 18, 2025-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.47
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.47
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.47
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.47
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.46
OTGLOTG LATIN AMERICA ETF $28M0.95%May 7, 2019-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.46
BRKCYIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF $9.30M1.01%Jun 4, 2025-0.45
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.45
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.45
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.45
CPHYFm Compoundr High Yield Bond ETF$6.20M0.35%Aug 11, 2025-0.44
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.44
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.44
MULTFranklin Multisector Income ETF$15M0.39%Aug 26, 2025-0.44
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.44
MUNBNORTHERN TRUST 2035 TAX-EXEMPT DISTRIBUTING LADDER ETF $14M0.18%Aug 18, 2025-0.44
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.44
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.43
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.43
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.43
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.43
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.43
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.42
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.42
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.42
TIIVAAM TODD INTERNATIONAL INTRINSIC VALUE ETF $31M0.54%Jul 24, 2025-0.42
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.42
CSCSDirexion Daily CSCO Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.42
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.41
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.41
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.41
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.40
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.40
RBLUT-REX 2X LONG RBLX DAILY TARGET ETF $13MN/AMar 3, 2025-0.39