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32 Stocks and 68 ETFs for diversifying NXJ (Nuveen New Jersey Quality Municipal Income Fund)

The least correlated asset to NXJ (Nuveen New Jersey Quality Municipal Income Fund) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7535.

Stocks that lowly correlated with NXJ

SymbolName
Market cap
SectorIndustry
Correlation
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.74
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.74
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.72
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.70
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.63
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.61
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.59
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.58
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.57
CUPRCuprina Holdings (Cayman) Ltd - Class A$11MHealthcareMedical Instruments & Supplies-0.57
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.53
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.53
DMAADrugs Made In America Acquisition Corp$246MFinancial ServicesShell Companies-0.51
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.49
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.49
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.48
PNSkycorp Solar Group Ltd - Series A$91MTechnologySolar-0.48
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.47
PCLNPriceline.com Inc$906MN/AN/A-0.44
UCFICN Healthy Food Tech Group Corp$288MConsumer DefensivePackaged Foods-0.44
IROHIron Horse Acquisitions Corp$263MFinancial ServicesShell Companies-0.44
EGGEnigmatig Ltd - Class A$189MIndustrialsConsulting Services-0.44
BAYARBayview Acquisition Corp$143KN/AN/A-0.43
MNTNMNTN Inc - Class A$751MTechnologySoftware - Application-0.42
ZONECleanCore Solutions Inc - Class B$143MIndustrialsPollution & Treatment Controls-0.42
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.41
FACTFACT II Acquisition Corp - Class A$197MFinancialsInvestment Holding Companies-0.41
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.40
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.40
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.39
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.39
AMBQAmbiq Micro Inc$1.76BTechnologySemiconductors-0.39

ETFs that lowly correlated with NXJ

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.75
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.70
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.68
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.66
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.65
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.59
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.59
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.58
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.56
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.56
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.56
QCMDDirexion Daily QCOM Bear 1X ETF$1.70M1.00%Jun 24, 2025-0.55
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.55
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.55
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.54
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.54
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.54
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.53
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.53
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.53
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.53
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.53
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.52
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.52
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.52
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.52
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.52
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.52
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.50
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.50
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.50
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.49
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.49
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.49
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.49
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.49
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.49
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.49
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.48
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.48
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.48
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.47
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.47
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.46
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.46
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.46
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.44
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.43
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.43
IONZDefiance Daily Target 2x Short IONQ ETF$22MN/AJun 23, 2025-0.42
SRTYProShares UltraPro Short Russell2000 -3x Shares$73MN/AFeb 9, 2010-0.42
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.41
GLDWROUNDHILL GOLD WEEKLYPAY ETF $17MN/AOct 29, 2025-0.41
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.41
BTRNGLOBAL X BITCOIN TREND STRATEGY ETF $1.50M0.95%Mar 20, 2024-0.40
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $291MN/ASep 17, 2024-0.39