Skip to main content

Want a detailed portfolio tracker?

61 Stocks and 39 ETFs for diversifying NUMI (NUVEEN MUNICIPAL INCOME ETF)

The least correlated asset to NUMI (NUVEEN MUNICIPAL INCOME ETF) is ETF NTRL (First Trust Equity Market Neutral ETF). The correlation is -1.

Stocks that lowly correlated with NUMI

SymbolName
Market cap
SectorIndustry
Correlation
CDMOAvid Bioservices Inc$797MN/AN/A-1.00
DMDesktop Metal Inc - Class A$165MN/AN/A-0.90
OPTNOptiNose Inc$112MN/AN/A-0.88
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.84
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.82
OPOFOld Point Financial Corp$215MFinancial ServicesBanks - Regional-0.68
ATIFATIF Holdings Ltd$6.07MN/AN/A-0.67
PDEXPro-Dex Inc (co)$181MHealthcareMedical Instruments & Supplies-0.67
HFFGHF Foods Group Inc$90MConsumer DefensiveFood Distribution-0.67
EPIXEssa Pharma Inc$8.93MHealthcareBiotechnology-0.67
CNLCollective Mining Ltd.$1.14BBasic MaterialsGold-0.66
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.65
GATEVISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF $425MFinancial ServicesShell Companies-0.64
GATEUMarblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$340MFinancial ServicesShell Companies-0.64
TRONCorner Growth Acquisition Corp 2 - Class A$700MConsumer CyclicalLeisure-0.62
SFMSprouts Farmers Market Inc$6.93BConsumer DefensiveGrocery Stores-0.62
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.62
MCHBMechanics Bank$3.59BFinancial ServicesBanks - Regional-0.61
KUKEKuke Music Holding Limited American Depositary Shares (each representing ten (10) Class A Ordinary Shares)$5.93MCommunication ServicesEntertainment-0.61
DFDVDeFi Development Corp$91MFinancial ServicesAsset Management-0.60
RAINRain Enhancement Technologies Holdco, Inc. Class A Common Stock$13MIndustrialsPollution & Treatment Controls-0.59
VVPRVivoPower International PLC$45MTechnologySolar-0.59
BIAFBioAffinity Technologies Inc$3.25MHealthcareDiagnostics & Research-0.58
DTCXDatacentrex Inc$74MFinancial ServicesFinancial Data & Stock Exchanges-0.58
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.57
PRAProAssurance Corporation$1.29BFinancial ServicesInsurance - Property & Casualty-0.57
PCLNPriceline.com Inc$906MN/AN/A-0.55
NTBLNotable Labs Inc Ord$2.39MHealthcareBiotechnology-0.55
MCACUConnectM Technology Solutions Inc - Units (1 Ord Class A 1 War & 1 Right)$70MFinancial ServicesShell Companies-0.55
CVIIChurchill Capital Corp VII - Class A$570MFinancial ServicesShell Companies-0.55
PXDTPixie Dust Technologies Inc$8.62MTechnologyConsumer Electronics-0.55
FRESFresh2 Group Limited$2.97MHealthcareDiagnostics & Research-0.55
AILEiLearningEngines Holdings Inc - Class A$59MTechnologySoftware - Infrastructure-0.55
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.55
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.54
AMBIAmbipar Emergency Response - Class A$148MIndustrialsWaste Management-0.54
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.54
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.53
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.53
ANGXAngel Studios Inc - Class A$709MCommunication ServicesEntertainment-0.53
HMSTHomeStreet Inc$262MN/AN/A-0.52
TRCTejon Ranch Company$497MIndustrialsConglomerates-0.52
TISITeam Inc$76MIndustrialsSpecialty Business Services-0.51
NEXTNextDecade Corporation$2.02BEnergyOil & Gas Equipment & Services-0.51
SPRYARS Pharmaceuticals Inc$750MHealthcareBiotechnology-0.51
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.51
YALAYalla Group Ltd$845MTechnologySoftware - Application-0.51
FIZZNational Beverage Corp$2.89BConsumer DefensiveBeverages - Non-alcoholic-0.50
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.50
MDRRPMedalist Diversified REIT Inc$28MReal EstateReit - Diversified-0.50
THTXTheratechnologies Inc$167MHealthcareBiotechnology-0.50
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.49
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.49
LANVLanvin Group Holdings Ltd - Class A$157MConsumer CyclicalLuxury Goods-0.49
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.49
GIWGigInternational1 Inc$138MFinancial ServicesShell Companies-0.49
SURGSurgepays Inc$7.87MCommunication ServicesTelecom Services-0.49
TOIOncology Institute Inc (The)$566MHealthcareMedical Care Facilities-0.48
ATPCAgape ATP Corp$2.52MConsumer DefensivePackaged Foods-0.48
UPXIUpexi Inc$58MCommunication ServicesInternet Content & Information-0.48
COCHEnvoy Medical Inc - Class A$50MHealthcareMedical Devices-0.48

ETFs that lowly correlated with NUMI

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
NTRLFirst Trust Equity Market Neutral ETF$19M0.95%Feb 4, 2020-1.00
XCOMUltra Communication Services Select Sector ETF$384KN/AJun 2, 2026-1.00
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-1.00
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.92
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.66
PPIInvestment Managers Series Trust II Astoria Real Assets ETF$155M0.58%Dec 30, 2021-0.66
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.66
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.64
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.64
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.63
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.63
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.61
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.60
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.59
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.58
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.58
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.58
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.57
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.56
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.56
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.56
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.56
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.56
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.55
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.54
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.53
IBICISHARES IBONDS OCT 2026 TERM TIPS ETF $86M0.10%Sep 13, 2023-0.53
MEMEROUNDHILL MEME STOCK ETF $24M0.69%Oct 7, 2025-0.53
IVOLQUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF $276M0.98%May 13, 2019-0.52
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.51
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.50
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.50
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.50
GLDWROUNDHILL GOLD WEEKLYPAY ETF $17MN/AOct 29, 2025-0.50
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.49
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.48
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.48
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.48