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34 Stocks and 66 ETFs for diversifying NUW (Nuveen AMT-Free Municipal Value Fund)

The least correlated asset to NUW (Nuveen AMT-Free Municipal Value Fund) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7097.

Stocks that lowly correlated with NUW

SymbolName
Market cap
SectorIndustry
Correlation
JLHLJulong Holding Ltd - Class A$219MIndustrialsBuilding Products & Equipment-0.64
SEGGLottery.com Inc$4.48MConsumer CyclicalGambling-0.63
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.60
RAAQUReal Asset Acquisition Corp - Units (1 Ord Cls A & 1/2 War)$65MFinancial ServicesShell Companies-0.60
YHNAUYHN Acquisition I Ltd - Units (1 Ord & 1 Rts)$64MFinancial ServicesShell Companies-0.60
TDICDreamland Ltd$17MCommunication ServicesAdvertising Agencies-0.59
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.59
TVAIUThayer Ventures Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)$9.15MFinancial ServicesShell Companies-0.57
CAEPCantor Equity Partners III Inc - Class A$420MFinancial ServicesShell Companies-0.57
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.56
RIBBRibbon Acquisition Corp$41MFinancial ServicesShell Companies-0.54
BCARBank of the Carolinas CORP$303MFinancial ServicesShell Companies-0.54
APADREnhanced Group Inc$6.67MN/AN/A-0.54
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.54
UYSCUY Scuti Acquisition Corp$74MFinancial ServicesShell Companies-0.54
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.53
COLAColumbus Acquisition Corp$34MFinancial ServicesShell Companies-0.53
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.53
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.52
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.52
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.51
SMXTSolarMax Technology Inc$20MTechnologySolar-0.50
DMAADrugs Made In America Acquisition Corp$246MFinancial ServicesShell Companies-0.50
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.48
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.48
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.45
TRAKDealerTrack Technologies Inc$162MTechnologySoftware - Application-0.45
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.45
DECN/A$961MEnergyOil & Gas Integrated-0.44
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.43
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.43
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.42
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.42
BTCWWisdomTree Bitcoin Fund$140MN/AN/A-0.42

ETFs that lowly correlated with NUW

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.71
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.65
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.62
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.61
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.60
QCMUDirexion Daily QCOM Bull 2X ETF$30MN/AJun 24, 2025-0.60
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.59
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.56
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.55
MSTYYIELDMAX(R) MSTR OPTION INCOME STRATEGY ETF $710M1.03%Feb 21, 2024-0.55
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.55
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.55
CSCLDirexion Daily CSCO Bull 2X ETF$16MN/AJun 24, 2025-0.55
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.54
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.50
MSTWROUNDHILL MSTR WEEKLYPAY ETF $33MN/AJul 23, 2025-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.49
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.49
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $5.20MN/AJun 9, 2025-0.49
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.49
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.49
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.48
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.48
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $291MN/ASep 17, 2024-0.48
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.48
MSTDEFIANCE LEVERAGED LONG + INCOME MSTR ETF $12MN/AMay 1, 2025-0.47
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.47
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.47
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.47
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.47
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.47
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.47
BTFXCoinShares Bitcoin Leverage ETF$12MN/AFeb 21, 2024-0.46
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.46
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.46
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.46
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.45
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.45
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.45
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.45
MSTXDefiance Daily Target 2x Long MSTR ETF$151MN/AAug 14, 2024-0.45
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.45
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.45
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.45
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.45
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.44
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.44
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.44
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.44
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.44
USNGAMPLIFY SAMSUNG U.S. NATURAL GAS INFRASTRUCTURE ETF $7.40M0.59%May 19, 2025-0.44
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.44
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.44
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.44
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.43
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.43
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.43
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.43
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.43
YBTCROUNDHILL BITCOIN COVERED CALL STRATEGY ETF $121M0.95%Jan 17, 2024-0.42
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.42