62 Stocks and 38 ETFs for diversifying NHYM (NUVEEN HIGH YIELD MUNICIPAL INCOME ETF)
The least correlated asset to NHYM (NUVEEN HIGH YIELD MUNICIPAL INCOME ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with NHYM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CDMO | Avid Bioservices Inc | $797M | N/A | N/A | -1.00 |
| DM | Desktop Metal Inc - Class A | $165M | N/A | N/A | -0.89 |
| OPTN | OptiNose Inc | $112M | N/A | N/A | -0.81 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.75 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.74 |
| HMST | HomeStreet Inc | $262M | N/A | N/A | -0.70 |
| MCHB | Mechanics Bank | $3.59B | Financial Services | Banks - Regional | -0.67 |
| EPIX | Essa Pharma Inc | $8.93M | Healthcare | Biotechnology | -0.67 |
| GATEU | Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War) | $340M | Financial Services | Shell Companies | -0.67 |
| GATE | VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF | $425M | Financial Services | Shell Companies | -0.67 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.66 |
| DFDV | DeFi Development Corp | $91M | Financial Services | Asset Management | -0.66 |
| THTX | Theratechnologies Inc | $167M | Healthcare | Biotechnology | -0.63 |
| KUKE | Kuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares) | $5.93M | Communication Services | Entertainment | -0.62 |
| OPOF | Old Point Financial Corp | $215M | Financial Services | Banks - Regional | -0.62 |
| PDEX | Pro-Dex Inc (co) | $181M | Healthcare | Medical Instruments & Supplies | -0.62 |
| GIW | GigInternational1 Inc | $138M | Financial Services | Shell Companies | -0.61 |
| RAY | Raytech Holding Ltd | $8.20M | Consumer Defensive | Household & Personal Products | -0.61 |
| HFFG | HF Foods Group Inc | $90M | Consumer Defensive | Food Distribution | -0.61 |
| YALA | Yalla Group Ltd | $845M | Technology | Software - Application | -0.61 |
| SDM | Smart Digital Group Ltd | $59M | Communication Services | Advertising Agencies | -0.60 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.60 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.58 |
| FIZZ | National Beverage Corp | $2.89B | Consumer Defensive | Beverages - Non-alcoholic | -0.57 |
| NEON | Neonode Inc | $15M | Technology | Electronic Components | -0.56 |
| SFM | Sprouts Farmers Market Inc | $6.93B | Consumer Defensive | Grocery Stores | -0.56 |
| DTCX | Datacentrex Inc | $74M | Financial Services | Financial Data & Stock Exchanges | -0.55 |
| TISI | Team Inc | $76M | Industrials | Specialty Business Services | -0.54 |
| PRA | ProAssurance Corporation | $1.29B | Financial Services | Insurance - Property & Casualty | -0.54 |
| BIAF | BioAffinity Technologies Inc | $3.25M | Healthcare | Diagnostics & Research | -0.54 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.54 |
| SURG | Surgepays Inc | $7.87M | Communication Services | Telecom Services | -0.53 |
| FGNX | FG Nexus Inc | $42M | Financial Services | Asset Management | -0.53 |
| ANGX | Angel Studios Inc - Class A | $709M | Communication Services | Entertainment | -0.53 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.53 |
| MPU | Mega Matrix Inc - Class A | $13M | Communication Services | Entertainment | -0.52 |
| SPRY | ARS Pharmaceuticals Inc | $750M | Healthcare | Biotechnology | -0.52 |
| AMBI | Ambipar Emergency Response - Class A | $148M | Industrials | Waste Management | -0.52 |
| VVPR | VivoPower International PLC | $45M | Technology | Solar | -0.52 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.52 |
| TOI | Oncology Institute Inc (The) | $566M | Healthcare | Medical Care Facilities | -0.51 |
| UPXI | Upexi Inc | $58M | Communication Services | Internet Content & Information | -0.51 |
| TRC | Tejon Ranch Company | $497M | Industrials | Conglomerates | -0.50 |
| ATIF | ATIF Holdings Ltd | $6.07M | N/A | N/A | -0.49 |
| CALM | Cal-Maine Foods Inc | $4.04B | Consumer Defensive | Farm Products | -0.49 |
| MCGAU | Yorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War) | $52M | Financial Services | Shell Companies | -0.48 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.48 |
| MNTN | MNTN Inc - Class A | $751M | Technology | Software - Application | -0.48 |
| PNBK | Patriot National Bancorp Inc | $141M | Financial Services | Banks - Regional | -0.48 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.48 |
| IPXXU | USA Rare Earth Inc - Units (1 Ord Class A & 1/2 Warr) | $66M | N/A | N/A | -0.47 |
| ATON | AlphaTON Capital Corp | $5.75M | Financial Services | Asset Management | -0.47 |
| BNC | CEA Industries Inc | $126M | Industrials | Farm & Heavy Construction Machinery | -0.47 |
| CNL | Collective Mining Ltd. | $1.14B | Basic Materials | Gold | -0.47 |
| SMMT | Summit Therapeutics Inc | $12B | Healthcare | Biotechnology | -0.47 |
| GDSTR | Goldenstone Acquisition Ltd | $160K | N/A | N/A | -0.47 |
| HERE | Here Group Ltd | $95M | Consumer Cyclical | Leisure | -0.46 |
| QSG | QuantaSing Group Limited American Depositary Shares | $335M | Consumer Defensive | Education & Training Services | -0.46 |
| NEXT | NextDecade Corporation | $2.02B | Energy | Oil & Gas Equipment & Services | -0.46 |
| PPBT | Purple Biotech Ltd | $6.05M | Healthcare | Biotechnology | -0.45 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.45 |
| LITS | Lite Strategy Inc | $35M | Healthcare | Biotechnology | -0.45 |