Skip to main content

Want a detailed portfolio tracker?

35 Stocks and 65 ETFs for diversifying PZA (INVESCO NATIONAL AMT-FREE MUNICIPAL BOND ETF)

The least correlated asset to PZA (INVESCO NATIONAL AMT-FREE MUNICIPAL BOND ETF) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.791.

Stocks that lowly correlated with PZA

SymbolName
Market cap
SectorIndustry
Correlation
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.69
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.61
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.60
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.55
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.53
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.49
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.49
DMAADrugs Made In America Acquisition Corp$244MFinancial ServicesShell Companies-0.49
FLYEFly-E Group Inc$3MConsumer CyclicalAuto Manufacturers-0.48
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.47
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.47
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.46
ELPWElong Power Holding Ltd$645KIndustrialsElectrical Equipment & Parts-0.46
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.44
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.44
MNTNMNTN Inc - Class A$653MTechnologySoftware - Application-0.44
LPBBULaunch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War)$247MFinancial ServicesShell Companies-0.44
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.43
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.43
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.43
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.42
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.42
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.42
STFSStar Fashion Culture Holdings Ltd - Class A$903KCommunication ServicesAdvertising Agencies-0.41
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.40
UCFICN Healthy Food Tech Group Corp$288MFinancial ServicesShell Companies-0.40
IROHIron Horse Acquisitions Corp$263MFinancial ServicesShell Companies-0.40
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.40
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.40
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.39
FACTFACT II Acquisition Corp - Class A$197MFinancialsInvestment Holding Companies-0.39
LGCLLucas GC Ltd$3.40MTechnologySoftware - Application-0.38
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.38
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.36
AIFUAIFU Inc - Class A$428MFinancial ServicesInsurance Brokers-0.35

ETFs that lowly correlated with PZA

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.79
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.68
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.66
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.64
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.63
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.63
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.63
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.63
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.62
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.62
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.62
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.61
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.60
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.58
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.58
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.56
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.56
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.56
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.55
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.54
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
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.53
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.52
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.51
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.51
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.50
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.50
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.50
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.50
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.49
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.48
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.48
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.48
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.47
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.47
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.47
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.47
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.47
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.46
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.46
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.45
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.45
YCSProShares UltraShort Yen -2x Shares$28MN/ANov 24, 2008-0.45
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.45
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.45
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.44
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.44
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.44
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.43
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.43
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.43
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.42
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.41
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.41
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.41
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.36