23 Stocks and 77 ETFs for diversifying PMM (Putnam Managed Municipal Income Trust.)
The least correlated asset to PMM (Putnam Managed Municipal Income Trust.) is company 707 Cayman (JEM). The correlation is -0.8302.
Stocks that lowly correlated with PMM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.83 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.65 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.61 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.55 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.53 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.51 |
| RDAGU | Republic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War) | $42M | Financial Services | Shell Companies | -0.49 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.49 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.47 |
| CBIO | Crescent Biopharma Inc | $573M | Healthcare | Biotechnology | -0.46 |
| SMXT | SolarMax Technology Inc | $31M | Technology | Solar | -0.45 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.45 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $5.42M | Healthcare | Medical Instruments & Supplies | -0.45 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.44 |
| DMAA | Drugs Made In America Acquisition Corp | $244M | Financial Services | Shell Companies | -0.42 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.42 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.42 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.40 |
| MNTN | MNTN Inc - Class A | $653M | Technology | Software - Application | -0.40 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.39 |
| APUS | Apimeds Pharmaceuticals US Inc | $1.82M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.37 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.37 |
| DEC | N/A | $1.05B | Energy | Oil & Gas Integrated | -0.37 |