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35 Stocks and 65 ETFs for diversifying PML (Pimco Municipal Income Fund II)

The least correlated asset to PML (Pimco Municipal Income Fund II) is company Accelerant (ARX). The correlation is -0.9288.

Stocks that lowly correlated with PML

SymbolName
Market cap
SectorIndustry
Correlation
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.93
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.59
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.59
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.54
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.52
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.52
DMAADrugs Made In America Acquisition Corp$246MFinancial ServicesShell Companies-0.48
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.47
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.46
SMXTSolarMax Technology Inc$20MTechnologySolar-0.46
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.46
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.45
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.44
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.44
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.43
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.43
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.43
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.41
DECN/A$961MEnergyOil & Gas Integrated-0.41
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.41
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.40
FLYEFly-E Group Inc$3.31MConsumer CyclicalAuto Manufacturers-0.40
CVCapsoVision Inc$315MHealthcareMedical Devices-0.39
SHLTSHL Telemedicine Ltd ADR$39MHealthcareHealth Information Services-0.39
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.39
RAYRaytech Holding Ltd$8.20MConsumer DefensiveHousehold & Personal Products-0.39
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.38
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.38
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.38
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.38
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
ZYBTZhengye Biotechnology Holding Ltd$35MHealthcareDrug Manufacturers - Specialty & Generic-0.37
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.37
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.36

ETFs that lowly correlated with PML

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.73
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.67
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.66
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.64
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.58
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.58
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.57
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.56
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.56
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.54
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.53
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.53
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.53
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.52
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.52
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.52
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.52
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.51
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.51
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.51
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.50
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.50
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.50
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.50
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.50
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.49
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.49
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.49
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.48
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.48
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.47
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.47
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.46
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.46
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.45
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.43
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.43
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.43
ONGLeverage Shares 2X Long ON Daily ETF$1.90MN/AJun 1, 2026-0.43
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.43
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.42
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.42
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $73M0.20%Sep 24, 2024-0.42
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.42
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.41
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.41
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.41
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.41
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.41
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.41
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.41
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$427MN/AJun 23, 2009-0.39
SOFRAmplify Samsung SOFR ETF$445M0.20%Nov 14, 2023-0.39
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.37
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.36
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.36
UPSXTRADR 2X LONG UPST DAILY ETF $33MN/AJun 9, 2025-0.36