Skip to main content

Want a detailed portfolio tracker?

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 Liminatus Pharma (LIMN). The correlation is -0.7034.

Stocks that lowly correlated with NAZ

SymbolName
Market cap
SectorIndustry
Correlation
LIMNLiminatus Pharma Inc$8.08MHealthcareBiotechnology-0.70
RBNERobin Energy Ltd$13MEnergyOil & Gas Midstream-0.66
NOEMCO2 Energy Transition Corp$72MFinancial ServicesShell Companies-0.64
IPODUDune Acquisition Corp II - Units (1 Ord Cls A & 1 War)$156MFinancial ServicesShell Companies-0.57
KWMK Wave Media Ltd$16MCommunication ServicesEntertainment-0.56
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.51
RITRReitar Logtech Holdings Ltd - Class A$31MIndustrialsEngineering & Construction-0.49
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.48
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.48
AMRZAmrize Ltd$29BBasic MaterialsBuilding Materials-0.48
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.48
JCAPJefferson Capital Inc$950MFinancial ServicesCredit Services-0.45
RDAGURepublic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)$42MFinancial ServicesShell Companies-0.44
JUNSJupiter Neurosciences Inc$8.70MHealthcareBiotechnology-0.44
JBSJBS N.V. - Class A$14BConsumer DefensivePackaged Foods-0.44
NPACUNew Providence Acquisition Corp III - Units (1 Ord Share Class A & 1/3 War)$68MFinancial ServicesShell Companies-0.43
HONDWHCM II Acquisition Corp. Warrant$202MN/AN/A-0.43
SCAGScage Future$38MIndustrialsFarm & Heavy Construction Machinery-0.43
PTHLPheton Holdings Ltd - Class A$4.78MHealthcareMedical Devices-0.42
DAAQUDigital Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$53MFinancial ServicesShell Companies-0.42
UCARU Power Ltd$4.59MConsumer CyclicalAuto & Truck Dealerships-0.41
LBGJLi Bang International Corp Inc$189KIndustrialsSpecialty Industrial Machinery-0.41
BOWNUBowen Acquisition Corp - Units (1 Ordinary share & 1 Right)$30MFinancial ServicesShell Companies-0.41
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.41
OHPAOrion Acquisition Corp - Class A$417MN/AN/A-0.40
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.40
LZMHLZ Technology Holdings Ltd - Class B$9.09MTechnologyInformation Technology Services-0.39
GELSGelteq Ltd$4.41MHealthcareDrug Manufacturers - Specialty & Generic-0.39
DVSDolly Varden Silver Corporation$258MBasic MaterialsSilver-0.39
PLMKPlum Acquisition Corp IV - Class A$197MFinancial ServicesShell Companies-0.39
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.38
DRDBWRoman DBDR Acquisition Corp II Warrants$8.22MN/AN/A-0.38
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.38
ALFCenturion Acquisition Corp - Class A$313MFinancial ServicesShell Companies-0.38
LOKVLive Oak Acquisition Corp V - Class A$243MFinancial ServicesShell Companies-0.38
CUBLionheart Holdings - Class A$249MFinancial ServicesShell Companies-0.38
NIPGNIP Group Inc$124MCommunication ServicesEntertainment-0.37
SFWLShengfeng Development Ltd - Class A$72MIndustrialsIntegrated Freight & Logistics-0.37
PMAXPowell Max Ltd - Class A$20MFinancial ServicesCapital Markets-0.37
CTWOCOtwo Advisors Physical European Carbon Allowance Trust$1.73MN/AN/A-0.37

ETFs that lowly correlated with NAZ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PMMFiShares Prime Money Market ETF$547M0.20%Feb 4, 2025-0.63
VGUSVanguard UltraShort Treasury ETF$931M0.07%Feb 10, 2025-0.63
DEFRAPTUS DEFERRED INCOME ETF$116M0.79%May 13, 2025-0.62
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.60
GMMFiShares Government Money Market ETF$110M0.20%Feb 4, 2025-0.59
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.58
VBILVanguard 03 Month Treasury Bill ETF$7.40B0.06%Feb 10, 2025-0.57
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.57
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.55
AGGAEA ASTORIA DYNAMIC CORE US FIXED INCOME ETF $76M0.55%Apr 30, 2025-0.55
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.53
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.53
MSDDGRANITESHARES 2X SHORT MSTR DAILY ETF $1MN/AJun 9, 2025-0.51
MMSDIQ MACKAY MUNICIPAL SHORT DURATION ETF $62M0.25%May 5, 2025-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.48
GBUGSprott Active Gold & Silver Miners$164M0.90%Feb 19, 2025-0.48
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.47
KNRGSimplify Kayne Anderson Energy and Infrastructure Credit ETF$145M0.76%May 27, 2025-0.47
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.47
BRKWROUNDHILL BRKB WEEKLYPAY ETF $16MN/AJun 17, 2025-0.47
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.47
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.46
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.46
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.46
KMLIKraneShares 2x Long MELI Daily ETF$6.50MN/AApr 4, 2025-0.45
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.45
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.45
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.44
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.44
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.44
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.44
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.44
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.44
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.44
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.44
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.43
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.43
SLDRGLOBAL X SHORT-TERM TREASURY LADDER ETF $40M0.12%Sep 9, 2024-0.43
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.43
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.43
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.42
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.42
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.41
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.41
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.41
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.41
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.41
FPASFPA SHORT DURATION GOVERNMENT ETF $6.90M0.10%Oct 31, 2024-0.40
BRKCYIELDMAX(R) BRK.B OPTION INCOME STRATEGY ETF $7.20M1.01%Jun 4, 2025-0.40
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.40
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.40
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.39
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.39
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.38
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.37
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.37
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.37
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.37
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.36