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34 Stocks and 66 ETFs for diversifying PML (Pimco Municipal Income Fund II)

The least correlated asset to PML (Pimco Municipal Income Fund II) is company 707 Cayman (JEM). The correlation is -0.7656.

Stocks that lowly correlated with PML

SymbolName
Market cap
SectorIndustry
Correlation
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.77
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.69
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.57
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.53
DMAADrugs Made In America Acquisition Corp$244MFinancial ServicesShell Companies-0.48
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.47
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.47
SMXTSolarMax Technology Inc$31MTechnologySolar-0.46
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.46
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.45
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.45
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.44
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.43
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.43
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.43
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.42
DECN/A$1.05BEnergyOil & Gas Integrated-0.42
FLYEFly-E Group Inc$3MConsumer CyclicalAuto Manufacturers-0.41
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.41
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.40
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.39
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.39
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.38
PROPPrairie Operating Co. Common Stock$81MEnergyOil & Gas E&p-0.38
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.37
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.37
UTAAUUTA Acquisition Corp - Units (1 Ord Class A & 1/2 War)$61MN/AN/A-0.37
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.37
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.37
ZYBTZhengye Biotechnology Holding Ltd$41MHealthcareDrug Manufacturers - Specialty & Generic-0.36
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.36
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.36
RECTRectitude Holdings Ltd$19MConsumer CyclicalSpecialty Retail-0.36
MNTNMNTN Inc - Class A$653MTechnologySoftware - Application-0.35

ETFs that lowly correlated with PML

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.73
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.67
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.66
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.65
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.58
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.57
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.56
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.55
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.53
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.53
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.53
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.52
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.52
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.52
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.52
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.51
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.51
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.51
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.51
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.50
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.50
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.49
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.49
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.49
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.49
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.48
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.48
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.46
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.46
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.46
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.46
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.45
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.44
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.44
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.44
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.43
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.43
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.43
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.43
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.43
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.42
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.42
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.42
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.42
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.42
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.42
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $70M0.20%Sep 24, 2024-0.41
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.41
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.40
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.39
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.38
SOFRAmplify Samsung SOFR ETF$423M0.20%Nov 14, 2023-0.38
BTRNGLOBAL X BITCOIN TREND STRATEGY ETF $1.90M0.95%Mar 20, 2024-0.37
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.37
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.36
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.35
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.35
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.35