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68 Stocks and 32 ETFs for diversifying NHYM (Nuveen High Yield Municipal Income ETF)

The least correlated asset to NHYM (Nuveen High Yield Municipal Income ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with NHYM

SymbolName
Market cap
SectorIndustry
Correlation
CDMOAvid Bioservices Inc$797MN/AN/A-1.00
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.91
DMDesktop Metal Inc - Class A$165MN/AN/A-0.89
OPTNOptiNose Inc$112MN/AN/A-0.81
PCLNPriceline.com Inc$906MN/AN/A-0.73
HMSTHomeStreet Inc$262MN/AN/A-0.70
MCHBMechanics Bancorp Class A Common Stock$3.20BN/AN/A-0.69
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.67
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.67
EPIXEssa Pharma Inc$8.93MHealthcareBiotechnology-0.67
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.67
GIWGigInternational1 Inc$137MFinancial ServicesShell Companies-0.66
DFDVDeFi Development Corp$127MFinancial ServicesAsset Management-0.66
PDEXPro-Dex Inc (co)$206MHealthcareMedical Instruments & Supplies-0.64
THTXTheratechnologies Inc$167MHealthcareBiotechnology-0.63
KUKEKuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares)$5.93MCommunication ServicesEntertainment-0.62
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.62
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.61
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.61
YALAYalla Group Ltd$947MTechnologySoftware - Application-0.61
HFFGHF Foods Group Inc$108MConsumer DefensiveFood Distribution-0.61
FIZZNational Beverage Corp$3.44BConsumer DefensiveBeverages - Non-alcoholic-0.60
SPRYARS Pharmaceuticals Inc$844MHealthcareBiotechnology-0.60
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.60
ANGXAngel Studios Inc - Class A$474MCommunication ServicesEntertainment-0.58
MNTNMNTN Inc - Class A$653MTechnologySoftware - Application-0.58
SFMSprouts Farmers Market Inc$8.39BConsumer DefensiveGrocery Stores-0.57
VVPRVivoPower International PLC$45MTechnologySolar-0.57
TISITeam Inc$74MIndustrialsSpecialty Business Services-0.56
DTCXDatacentrex Inc$76MFinancial ServicesFinancial Data & Stock Exchanges-0.55
SAICScience Applications International Corp$4.47BTechnologyInformation Technology Services-0.55
AMBIAmbipar Emergency Response - Class A$148MIndustrialsWaste Management-0.55
FGNXFG Nexus Inc$51MFinancial ServicesAsset Management-0.55
NEONNeonode Inc$28MTechnologyElectronic Components-0.55
BIAFBioAffinity Technologies Inc$7.42MHealthcareDiagnostics & Research-0.54
PRAProassurance Corporation$1.26BFinancial ServicesInsurance - Property & Casualty-0.54
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.54
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.54
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.54
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.54
FRESFresh2 Group Limited$2.97MHealthcareDiagnostics & Research-0.54
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.54
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.53
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.53
SURGSurgepays Inc$13MCommunication ServicesTelecom Services-0.53
CALMCal-Maine Foods Inc$3.60BConsumer DefensiveFarm Products-0.52
TOIOncology Institute Inc (The)$461MHealthcareMedical Care Facilities-0.52
MPUMega Matrix Inc - Class A$30MCommunication ServicesEntertainment-0.52
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.51
TRCTejon Ranch Company$526MIndustrialsConglomerates-0.50
MCGAUYorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War)$52MFinancial ServicesShell Companies-0.50
UPXIUpexi Inc$84MCommunication ServicesInternet Content & Information-0.50
MDRRPMedalist Diversified REIT Inc$28MReal EstateReit - Diversified-0.49
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.49
KDPKeurig Dr Pepper Inc$41BConsumer DefensiveBeverages - Non-alcoholic-0.48
HRLHormel Foods Corp$12BConsumer DefensivePackaged Foods-0.48
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.48
IPXXUUSA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr)$66MN/AN/A-0.47
PNBKPatriot National Bancorp Inc$120MFinancial ServicesBanks - Regional-0.47
ATONAlphaTON Capital Corp$5.75MFinancial ServicesAsset Management-0.47
GDSTRGoldenstone Acquisition Ltd$154KN/AN/A-0.47
PPBTPurple Biotech Ltd$6.05MHealthcareBiotechnology-0.47
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.46
BNCCEA Industries Inc$108MIndustrialsFarm & Heavy Construction Machinery-0.46
UCFICN Healthy Food Tech Group Corp$288MFinancial ServicesShell Companies-0.46
IROHIron Horse Acquisitions Corp$263MFinancial ServicesShell Companies-0.46
LPBBULaunch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War)$247MFinancial ServicesShell Companies-0.46
NEXTNextDecade Corporation$2.11BEnergyOil & Gas Equipment & Services-0.45

ETFs that lowly correlated with NHYM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.88
GLDWROUNDHILL GOLD WEEKLYPAY ETF $25MN/AOct 29, 2025-0.69
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.69
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.68
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.65
MEMEROUNDHILL MEME STOCK ETF $17M0.69%Oct 7, 2025-0.64
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.63
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.61
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $339M0.98%May 13, 2019-0.60
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.60
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.59
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.54
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.52
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.50
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.50
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.50
FXCInvesco CurrencyShares Canadian Dollar Trust$79M0.40%Jun 21, 2006-0.49
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.49
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.49
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.49
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.48
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.48
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.47
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.47
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.46
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.46
YXIProShares Short FTSE China 50 -1x Shares$4.30M0.95%Mar 16, 2010-0.46
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.46
GGLSDIREXION DAILY GOOGL BEAR 1X SHARES $17M1.02%Sep 6, 2022-0.45