30 Stocks and 70 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 -0.7901.
Stocks that lowly correlated with PNI
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| ARX | Accelerant Holdings - Class A | $2.82B | Financial Services | Insurance Brokers | -0.78 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.57 |
| PLBL | Polibeli Group Ltd | $2.84B | Consumer Cyclical | Department Stores | -0.55 |
| OMSE | OMS Energy Technologies Inc | $197M | Energy | Oil & Gas Equipment & Services | -0.52 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.51 |
| ETS | Elite Express Holding Inc - Class A | $13M | Industrials | Trucking | -0.50 |
| JEM | 707 Cayman Holdings Ltd | $3.49M | Consumer Cyclical | Apparel Retail | -0.50 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.49 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.48 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.47 |
| DMAA | Drugs Made In America Acquisition Corp | $246M | Financial Services | Shell Companies | -0.45 |
| YSXT | Ysx Tech Co.Ltd - Class A | $20M | Industrials | Specialty Business Services | -0.45 |
| CHYM | Chime Financial Inc - Class A | $8.43B | Technology | Software - Application | -0.44 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.43 |
| SMXT | SolarMax Technology Inc | $20M | Technology | Solar | -0.43 |
| IROHR | CN Healthy Food Tech Group Corp | $35M | N/A | N/A | -0.43 |
| MAGH | Magnitude International Ltd | $230M | Industrials | Engineering & Construction | -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 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.40 |
| CURX | Curanex Pharmaceuticals Inc | $6.11M | Healthcare | Biotechnology | -0.39 |
| FLYE | Fly-E Group Inc | $3.31M | Consumer Cyclical | Auto Manufacturers | -0.39 |
| MPU | Mega Matrix Inc - Class A | $13M | Communication Services | Entertainment | -0.38 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.38 |
| CHA | Chagee Holdings Ltd | $1.84B | Consumer Cyclical | Restaurants | -0.37 |
| STFS | Star Fashion Culture Holdings Ltd - Class A | $903K | Communication Services | Advertising Agencies | -0.37 |
| ZYBT | Zhengye Biotechnology Holding Ltd | $35M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.37 |
| RAY | Raytech Holding Ltd | $8.20M | Consumer Defensive | Household & Personal Products | -0.36 |
| DEC | N/A | $961M | Energy | Oil & Gas Integrated | -0.36 |
| PN | Skycorp Solar Group Ltd - Series A | $91M | Technology | Solar | -0.35 |