33 Stocks and 67 ETFs for diversifying PNI (Pimco New York Municipal Income Fund II)
The least correlated asset to PNI (Pimco New York Municipal Income Fund II) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.794.
Stocks that lowly correlated with PNI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.71 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.54 |
| OMSE | OMS Energy Technologies Inc | $201M | Energy | Oil & Gas Equipment & Services | -0.52 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.51 |
| CHYM | Chime Financial Inc - Class A | $6.59B | Technology | Software - Application | -0.48 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.48 |
| CUPR | Cuprina Holdings (Cayman) Ltd - Class A | $5.42M | Healthcare | Medical Instruments & Supplies | -0.48 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.48 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.48 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.46 |
| DMAA | Drugs Made In America Acquisition Corp | $244M | Financial Services | Shell Companies | -0.45 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.44 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.44 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.43 |
| MNTN | MNTN Inc - Class A | $653M | Technology | Software - Application | -0.43 |
| SMXT | SolarMax Technology Inc | $31M | Technology | Solar | -0.43 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.43 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.42 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.41 |
| SDM | Smart Digital Group Ltd | $59M | Communication Services | Advertising Agencies | -0.41 |
| FLYE | Fly-E Group Inc | $3M | Consumer Cyclical | Auto Manufacturers | -0.40 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.40 |
| TTAN | ServiceTitan Inc - Class A | $5.85B | Technology | Software - Application | -0.38 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.37 |
| MPU | Mega Matrix Inc - Class A | $30M | Communication Services | Entertainment | -0.37 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.37 |
| YAAS | Youxin Technology Ltd - Class A | $8.49M | Technology | Software - Application | -0.36 |
| DEC | N/A | $1.05B | Energy | Oil & Gas Integrated | -0.36 |
| PN | Skycorp Solar Group Ltd - Series A | $100M | Technology | Solar | -0.36 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $41M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.36 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.36 |
| ETOR | Etoro Group Ltd - Class A | $3.64B | Financial Services | Capital Markets | -0.36 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.36 |