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28 Stocks and 72 ETFs for diversifying OIA (Invesco Municipal Income Opportunities Trust)

The least correlated asset to OIA (Invesco Municipal Income Opportunities Trust) is company 707 Cayman (JEM). The correlation is -0.7973.

Stocks that lowly correlated with OIA

SymbolName
Market cap
SectorIndustry
Correlation
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.80
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.65
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.60
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.57
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.56
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.54
RDAGURepublic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)$42MFinancial ServicesShell Companies-0.52
RECTRectitude Holdings Ltd$19MConsumer CyclicalSpecialty Retail-0.49
SMXTSolarMax Technology Inc$31MTechnologySolar-0.48
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.46
HTLMHomesToLife Ltd$157MConsumer CyclicalSpecialty Retail-0.44
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.43
GSHRGesher Acquisition Corp II - Class A$155MFinancial ServicesShell Companies-0.42
PRZOParaZero Technologies Ltd$11MIndustrialsAerospace & Defense-0.42
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.42
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.41
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.41
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.40
UMACUnusual Machines Inc$900MTechnologyComputer Hardware-0.40
DMAADrugs Made In America Acquisition Corp$244MFinancial ServicesShell Companies-0.40
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.39
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.39
AAPGAscentage Pharma Group International$1.93BHealthcareBiotechnology-0.39
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.38
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.38
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.37
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.36
ZENAZenaTech Inc$97MTechnologySoftware - Infrastructure-0.36

ETFs that lowly correlated with OIA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.68
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.68
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.67
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.66
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.63
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.61
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.60
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.60
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.59
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.59
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.58
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.58
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.58
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.58
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.58
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.58
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.57
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.57
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.56
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.55
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.55
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.54
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.54
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.54
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.53
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.53
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.53
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.53
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.52
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.52
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.51
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.51
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.50
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.49
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.49
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.49
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.48
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.48
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.47
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.47
NVYYGraniteShares YieldBOOST NVDA ETF$59M1.15%May 12, 2025-0.46
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.45
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.43
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.42
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.42
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.42
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.41
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.41
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.41
XYZGLEVERAGE SHARES 2X LONG XYZ DAILY ETF $3.60MN/AApr 3, 2025-0.41
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.41
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.41
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.41
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.40
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.40
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.40
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.39
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.39
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.39
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.38
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.38
BTCINEOS BITCOIN HIGH INCOME ETF $1.20B0.99%Oct 16, 2024-0.38
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.38
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.37
PLTGLEVERAGE SHARES 2X LONG PLTR DAILY ETF $26MN/AApr 24, 2025-0.37
SOFRAmplify Samsung SOFR ETF$423M0.20%Nov 14, 2023-0.36
BTCGrayscale Bitcoin Mini Trust ETF$4B0.15%Jul 31, 2024-0.36
MSTPGRANITESHARES 2X LONG MSTR DAILY ETF $11MN/AJun 9, 2025-0.36
YBITYIELDMAX(R) BITCOIN OPTION INCOME STRATEGY ETF $43M1.02%Apr 22, 2024-0.35