Skip to main content

Want a detailed portfolio tracker?

34 Stocks and 66 ETFs for diversifying NBB (Nuveen Taxable Municipal Income Fund)

The least correlated asset to NBB (Nuveen Taxable Municipal Income Fund) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7803.

Stocks that lowly correlated with NBB

SymbolName
Market cap
SectorIndustry
Correlation
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.69
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.66
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.63
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.61
LIONLionsgate Studios Corp - New$3.99BFinancial ServicesShell Companies-0.57
SIShoulder Innovations Inc$452MN/AN/A-0.56
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.55
NIQNIQ Global Intelligence plc$3.24BN/AN/A-0.55
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.52
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.51
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.51
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.50
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.49
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.48
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.48
SMXTSolarMax Technology Inc$20MTechnologySolar-0.48
TTANServiceTitan Inc - Class A$7.44BTechnologySoftware - Application-0.47
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.47
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.47
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.46
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.46
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.45
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.44
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.44
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.42
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.42
CVCapsoVision Inc$315MHealthcareMedical Devices-0.42
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.42
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.41
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.41
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.41
WTGWintergreen Acquisition Corp$58MFinancial ServicesShell Companies-0.41
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.40
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.40

ETFs that lowly correlated with NBB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.78
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.71
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.71
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.70
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.62
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.62
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.60
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.59
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.58
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.57
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.56
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.56
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.56
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.56
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.56
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.55
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.55
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.55
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.55
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.55
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.55
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.54
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.53
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.53
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.52
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.51
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.50
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.50
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.50
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.50
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.49
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.49
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.49
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.49
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.48
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.48
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.48
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.47
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.46
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.46
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.46
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.46
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.46
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.46
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.46
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.46
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.45
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.45
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.44
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.44
AHLTAMERICAN BEACON AHL TREND ETF $131M0.96%Aug 30, 2023-0.43
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.43
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.43
VBILVANGUARD 0-3 MONTH TREASURY BILL ETF ETF SHARES$9.30B0.06%Feb 10, 2025-0.41
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.41
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.41