57 Stocks and 43 ETFs for diversifying NMB (Simplify National Muni Bond ETF)
The least correlated asset to NMB (Simplify National Muni Bond ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.
Stocks that lowly correlated with NMB
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ACST | Acasti Pharma Inc - Class A | $53M | N/A | N/A | -1.00 |
| AACIW | Armada Acquisition Corp I - Warrants (13/08/2026) | $20M | N/A | N/A | -0.83 |
| IROHU | CN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts) | $453M | N/A | N/A | -0.77 |
| AXNX | Axonics Inc | $3.63B | N/A | N/A | -0.73 |
| CNL | Collective Mining Ltd. | $1.14B | Basic Materials | Gold | -0.67 |
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.66 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.64 |
| HESM | Hess Midstream LP - Class A | $8.16B | Energy | Oil & Gas Midstream | -0.62 |
| RAIN | Rain Enhancement Technologies Holdco, Inc. Class A Common Stock | $13M | Industrials | Pollution & Treatment Controls | -0.61 |
| BMY | Bristol-Myers Squibb Company | $120B | Healthcare | Drug Manufacturers - General | -0.60 |
| LBPH | Longboard Pharmaceuticals Inc | $2.34B | N/A | N/A | -0.59 |
| CPSR | Gelesis Holdings Inc - Class A | $1.87B | N/A | N/A | -0.57 |
| PAGP | Plains GP Holdings LP - Class A | $5.62B | Energy | Oil & Gas Midstream | -0.57 |
| PCLN | Priceline.com Inc | $906M | N/A | N/A | -0.56 |
| BDX | Becton Dickinson & Company | $43B | Healthcare | Medical Instruments & Supplies | -0.55 |
| PAA | Plains All American Pipeline LP | $19B | Energy | Oil & Gas Midstream | -0.53 |
| GIW | GigInternational1 Inc | $138M | Financial Services | Shell Companies | -0.53 |
| GV | Visionary Holdings Inc | $1.01M | Consumer Defensive | Education & Training Services | -0.52 |
| EP | Empire Petroleum Corporation | $101M | Energy | Oil & Gas E&p | -0.52 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.49 |
| JYD | Jayud Global Logistics Ltd - Class A | $1.63M | Industrials | Integrated Freight & Logistics | -0.49 |
| NXU | Energy Vault Holdings Inc - Class A | $4.48M | Industrials | Electrical Equipment & Parts | -0.48 |
| RILYK | BRC Group Holdings, Inc. 5.50% Senior Notes Due 2026 | $1.96B | N/A | N/A | -0.47 |
| EPSN | Epsilon Energy Ltd | $166M | Energy | Oil & Gas E&p | -0.46 |
| GSHR | Gesher Acquisition Corp II - Class A | $157M | Financial Services | Shell Companies | -0.46 |
| CVX | Chevron Corp | $360B | Energy | Oil & Gas Integrated | -0.46 |
| IVCPU | AleAnna Inc - Units (1 Ord Share Class A & 1/2 War) | $308M | N/A | N/A | -0.46 |
| GLPI | Gaming and Leisure Properties Inc | $12B | Real Estate | Reit - Specialty | -0.45 |
| GMRE | Global Medical REIT Inc | $476M | Real Estate | Reit - Healthcare Facilities | -0.45 |
| DVAX | Dynavax Technologies Corp | $1.82B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.45 |
| ESLT | Elbit Systems Ltd | $34B | Industrials | Aerospace & Defense | -0.44 |
| ATNI | ATN International Inc | $363M | Communication Services | Telecom Services | -0.44 |
| NETDU | Nabors Energy Transition Corp II - Units (1 Ord Class A & 1/2 War) | $73M | Financial Services | Shell Companies | -0.44 |
| MTR | Mesa Royalty Trust | $5.87M | Energy | Oil & Gas E&p | -0.44 |
| ERJ | Embraer S.A. | $12B | Industrials | Aerospace & Defense | -0.44 |
| MAGH | Magnitude International Ltd | $230M | Industrials | Engineering & Construction | -0.43 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.43 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.43 |
| CRT | Cross Timbers Royalty Trust | $56M | Energy | Oil & Gas E&p | -0.43 |
| LSAK | Lesaka Technologies Inc | $405M | Technology | Software - Infrastructure | -0.43 |
| RILYG | B. Riley Financial Inc | $534M | N/A | N/A | -0.42 |
| OCFT | Oneconnect Financial Technology Co Ltd | $309M | Technology | Software - Application | -0.42 |
| PVLA | Palvella Therapeutics Inc | $2.18B | Healthcare | Biotechnology | -0.42 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.42 |
| CHD | Church & Dwight Co. Inc | $23B | Consumer Defensive | Household & Personal Products | -0.42 |
| ELUT | Elutia Inc - Class A | $41M | Healthcare | Medical Devices | -0.42 |
| CODI-P-A | Compass Diversified Holdings 7250 Series A Preferred Shares representing beneficial interest in | $1.53B | N/A | Other | -0.42 |
| ECCX | Eagle Point Credit Company Inc. 6.6875% Notes due 2028 | $452M | Financials | Investment Banking & Investment Services | -0.41 |
| SSP | E.W. Scripps Co. - Class A | $277M | Communication Services | Broadcasting | -0.41 |
| CODI-P-C | Compass Diversified Holdings 7.875 PRF PERPETUAL USD 25 Ser C | $1.65B | N/A | N/A | -0.41 |
| CDR-P-C | Cedar Realty Trust Inc | $271M | N/A | Other | -0.41 |
| BGS | B&G Foods Inc | $305M | Consumer Defensive | Packaged Foods | -0.41 |
| LNTH | Lantheus Holdings Inc | $6.79B | Healthcare | Drug Manufacturers - Specialty & Generic | -0.41 |
| CTRA | Coterra Energy Inc. | $25B | Energy | Oil & Gas E&p | -0.41 |
| AGRO | Adecoagro S.A. | $890M | Consumer Defensive | Farm Products | -0.41 |
| GEL | Genesis Energy L.P. | $1.77B | Energy | Oil & Gas Midstream | -0.41 |
| CODI-P-B | Compass Diversified Holdings | $1.69B | N/A | Other | -0.40 |