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25 Stocks and 75 ETFs for diversifying OVM (OVERLAY SHARES MUNICIPAL BOND ETF)

The least correlated asset to OVM (OVERLAY SHARES MUNICIPAL BOND ETF) is company Gannett Co., (GCI). The correlation is -1.

Stocks that lowly correlated with OVM

SymbolName
Market cap
SectorIndustry
Correlation
GCIGannett Co., Inc.$1.41BCommunication ServicesPublishing-1.00
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.69
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.67
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.57
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.56
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.54
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.51
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.50
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.50
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.49
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.49
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.47
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.47
PCLNPriceline.com Inc$906MN/AN/A-0.47
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.47
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.46
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.45
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.44
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.44
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.43
HNGEHinge Health Inc - Class A$6.74BHealthcareHealth Information Services-0.43
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.43
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.42
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.42
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.41

ETFs that lowly correlated with OVM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.81
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.76
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.76
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.76
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.76
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.75
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.75
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.74
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.74
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.74
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.74
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.73
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.72
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.71
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.71
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.71
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.71
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.71
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.69
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.69
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.69
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.69
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.69
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.68
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.68
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.68
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.68
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.67
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.66
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.65
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.65
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.65
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.65
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.64
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.64
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.64
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.63
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.62
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.62
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.61
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.61
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.59
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.59
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.58
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.58
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.56
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.56
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.56
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.55
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.55
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.54
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.53
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.51
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.51
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.50
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.50
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.49
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.49
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.49
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.49
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.49
PANGLEVERAGE SHARES 2X LONG PANW DAILY ETF $8.90MN/AMar 20, 2025-0.49
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.48
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.48
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.47
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.47
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.47
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.46
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.46
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.46
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.42
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.42
GLDWROUNDHILL GOLD WEEKLYPAY ETF $17MN/AOct 29, 2025-0.41
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.41