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33 Stocks and 67 ETFs for diversifying NKX (Nuveen California AMT-Free Quality Municipal Income Fund)

The least correlated asset to NKX (Nuveen California AMT-Free Quality Municipal Income Fund) is ETF REK (PROSHARES SHORT REAL ESTATE). The correlation is -0.6938.

Stocks that lowly correlated with NKX

SymbolName
Market cap
SectorIndustry
Correlation
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.63
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.60
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.60
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.59
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.55
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.55
CTRICenturi Holdings Inc$3.13BUtilitiesUtilities - Regulated Gas-0.54
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.54
AAPGAscentage Pharma Group International$1.93BHealthcareBiotechnology-0.52
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.51
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.51
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.48
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.48
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.46
FLYEFly-E Group Inc$3MConsumer CyclicalAuto Manufacturers-0.46
MACIMelar Acquisition Corp I - Class A$174MFinancial ServicesShell Companies-0.46
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.45
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.44
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.44
AKUSAkouos Inc$490MN/AN/A-0.43
LOKVLive Oak Acquisition Corp V - Class A$243MFinancial ServicesShell Companies-0.42
RDAGURepublic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)$42MFinancial ServicesShell Companies-0.41
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.41
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.40
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.40
LIMNLiminatus Pharma Inc$8.08MHealthcareBiotechnology-0.40
UYSCUUY Scuti Acquisition Corp - Units (1 Ord Shs & 1 Rts)$89MFinancial ServicesShell Companies-0.39
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.39
VACHVoyager Acquisition Corp - Class A$279MFinancial ServicesShell Companies-0.39
TLXTelix Pharmaceuticals Ltd$3.30BHealthcareBiotechnology-0.39
LGCYLegacy Education Inc$139MConsumer DefensiveEducation & Training Services-0.39
GPATGP-Act III Acquisition Corp - Class A$311MFinancial ServicesShell Companies-0.38
SFDSmithfield Foods Inc$11BConsumer DefensivePackaged Foods-0.38

ETFs that lowly correlated with NKX

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.69
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.67
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.66
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.63
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.59
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.59
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.56
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.56
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.55
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.54
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.54
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.54
CSHPEnhanced Short-Term Bond ETF$190M0.20%Jul 17, 2024-0.53
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.52
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.52
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.51
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.51
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.51
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.51
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.51
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.51
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.51
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.51
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.50
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.50
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.50
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.50
BTRNGLOBAL X BITCOIN TREND STRATEGY ETF $1.90M0.95%Mar 20, 2024-0.49
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.49
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.48
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.48
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.47
NFXLDIREXION DAILY NFLX BULL 2X SHARES $176MN/AOct 2, 2024-0.47
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.47
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.47
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.46
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.46
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.46
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.46
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.46
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.46
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.46
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $36MN/ASep 26, 2024-0.46
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.45
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.44
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.44
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.44
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.44
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.44
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.44
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.44
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.44
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.43
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.43
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.42
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.41
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.41
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.41
YBITYIELDMAX(R) BITCOIN OPTION INCOME STRATEGY ETF $43M1.02%Apr 22, 2024-0.41
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.40
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.40
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.40
DULLBank of Montreal$15MN/AFeb 21, 2023-0.39
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.39
DEFIHashdex Bitcoin Futures ETF$10M0.25%Sep 15, 2022-0.39
BITUPROSHARES ULTRA BITCOIN ETF $513MN/AApr 1, 2024-0.38
BTFXCoinShares Bitcoin Leverage ETF$12MN/AFeb 21, 2024-0.38