32 Stocks and 68 ETFs for diversifying NMI (Nuveen Municipal Income Fund)
The least correlated asset to NMI (Nuveen Municipal Income Fund) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.5992.
Stocks that lowly correlated with NMI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| FBLG | FibroBiologics Inc | $3.18M | Healthcare | Biotechnology | -0.46 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.45 |
| HPAI | Helport AI Ltd | $21M | Technology | Software - Infrastructure | -0.45 |
| MLAC | Mountain Lake Acquisition Corp - Class A | $43M | N/A | N/A | -0.44 |
| STRC | Microstrategy Incorporated Variable Rate Series A Perpetual Stretch Preferred Stock | $29B | Technology | Software - Application | -0.43 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.42 |
| CHARR | Charlton Aria Acquisition Corporation Rights | $206K | N/A | N/A | -0.40 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.40 |
| SMXT | SolarMax Technology Inc | $20M | Technology | Solar | -0.39 |
| PN | Skycorp Solar Group Ltd - Series A | $91M | Technology | Solar | -0.38 |
| JCAP | Jefferson Capital Inc | $1.06B | Financial Services | Credit Services | -0.38 |
| YMT | Yimutian Inc | $111M | Technology | Software - Application | -0.38 |
| GLIBK | GCI Liberty Inc | $877M | Communication Services | Telecom Services | -0.38 |
| NOEMR | CO2 Energy Transition Corp | $416K | N/A | N/A | -0.37 |
| SFWL | Shengfeng Development Ltd - Class A | $56M | Industrials | Integrated Freight & Logistics | -0.37 |
| LGCY | Legacy Education Inc | $149M | Consumer Defensive | Education & Training Services | -0.37 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.36 |
| RAAQ | Real Asset Acquisition Corp - Class A | $231M | Financial Services | Shell Companies | -0.36 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.36 |
| NOEM | CO2 Energy Transition Corp | $73M | Financial Services | Shell Companies | -0.35 |
| ACFN | N/A | $45M | Technology | Scientific & Technical Instruments | -0.34 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.34 |
| EMPG | Empro Group Inc | $139M | Healthcare | Medical Distribution | -0.34 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.34 |
| ZKH | ZKH Group Ltd | $459M | Consumer Cyclical | Internet Retail | -0.33 |
| JCICU | Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War) | $432M | N/A | N/A | -0.33 |
| DLXY | Delixy Holdings Ltd | $7.64M | Energy | Oil & Gas Refining & Marketing | -0.33 |
| EXE | Expand Energy Corporation | $21B | Energy | Oil & Gas E&p | -0.33 |
| HYAC | Haymaker Acquisition Corp. 4 | $330M | Financial Services | Shell Companies | -0.33 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.32 |
| FGL | Founder Group Ltd | $2.30M | Industrials | Engineering & Construction | -0.32 |
| MENS | Jyong Biotech Ltd | $174M | Healthcare | Biotechnology | -0.32 |