28 Stocks and 72 ETFs for diversifying NMI (Nuveen Municipal Income Fund)
The least correlated asset to NMI (Nuveen Municipal Income Fund) is ETF RISR (FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF). The correlation is -0.5946.
Stocks that lowly correlated with NMI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| FBLG | FibroBiologics Inc | $4.23M | Healthcare | Biotechnology | -0.47 |
| GET | GetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica | $88M | N/A | N/A | -0.45 |
| NOEMR | CO2 Energy Transition Corp | $537K | N/A | N/A | -0.43 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.43 |
| HPAI | Helport AI Ltd | $33M | Technology | Software - Infrastructure | -0.41 |
| LCCCR | Lakeshore Acquisition III Corp | $500K | N/A | N/A | -0.40 |
| GRDN | Guardian Pharmacy Services Inc | $2.49B | Healthcare | Medical Care Facilities | -0.40 |
| SMXT | SolarMax Technology Inc | $31M | Technology | Solar | -0.39 |
| EHGO | Eshallgo Inc - Class A | $2.55M | Industrials | Business Equipment & Supplies | -0.39 |
| FGL | Founder Group Ltd | $2.30M | Industrials | Engineering & Construction | -0.39 |
| SFWL | Shengfeng Development Ltd - Class A | $72M | Industrials | Integrated Freight & Logistics | -0.39 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.39 |
| DXYZ | Destiny Tech100 Inc | $629M | Financial Services | Asset Management | -0.36 |
| LGCY | Legacy Education Inc | $139M | Consumer Defensive | Education & Training Services | -0.35 |
| ASIC | Ategrity Specialty Holdings LLC | $969M | Financial Services | Insurance - Property & Casualty | -0.35 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.35 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.35 |
| NCI | Neo Concept International Group Holdings Ltd | $22M | Consumer Cyclical | Apparel Manufacturing | -0.35 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.34 |
| JCICU | Jack Creek Investment Corp - Units (1 Ord Share Class A & 1/2 War) | $432M | N/A | N/A | -0.33 |
| MENS | Jyong Biotech Ltd | $164M | Healthcare | Biotechnology | -0.33 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.33 |
| ZKH | ZKH Group Ltd | $451M | Consumer Cyclical | Internet Retail | -0.33 |
| HYAC | Haymaker Acquisition Corp. 4 | $330M | Financial Services | Shell Companies | -0.33 |
| SDHIR | Siddhi Acquisition Corp | $1.38M | N/A | N/A | -0.33 |
| QSEAR | Quartzsea Acquisition Corp | $814K | N/A | N/A | -0.32 |
| CHARR | Charlton Aria Acquisition Corporation Rights | $226K | N/A | N/A | -0.31 |
| EXE | Chesapeake Energy Corp - New | $22B | Energy | Oil & Gas E&p | -0.31 |