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37 Stocks and 63 ETFs for diversifying SHM (STATE STREET(R) SPDR NUVEEN ICE SHORT TERM MUNICIPAL BOND ETF)

The least correlated asset to SHM (STATE STREET(R) SPDR NUVEEN ICE SHORT TERM MUNICIPAL BOND ETF) is company CTW Cayman (CTW). The correlation is -0.7993.

Stocks that lowly correlated with SHM

SymbolName
Market cap
SectorIndustry
Correlation
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.80
APADREnhanced Group Inc$6.67MN/AN/A-0.71
SLDESlide Insurance Holdings Inc$2.32BFinancial ServicesInsurance - Property & Casualty-0.64
SSEAUStarry Sea Acquisition Corp - Units (1 Ord Shs & 1/6 Rts)$19MFinancial ServicesShell Companies-0.62
DFSCDEFSEC Technologies Inc Com$3.99MIndustrialsAerospace & Defense-0.60
QUMSUQuantumsphere Acquisition Corp - Units (1 Ord Shs & 1 Rts)$33MFinancial ServicesShell Companies-0.55
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.55
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.54
DAAQDigital Asset Acquisition Corp - Class A$180MFinancial ServicesShell Companies-0.53
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.52
GTERAGloba Terra Acquisition Corporation Class A$246MFinancial ServicesShell Companies-0.52
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.51
OFSSOOFS Capital Corp$341MN/AN/A-0.51
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.51
IPCXInflection Point Acquisition Corp III - Class A$263MFinancial ServicesShell Companies-0.49
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.49
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.49
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.49
IBTAIbotta Inc - Class A$753MTechnologySoftware - Application-0.48
TLXTelix Pharmaceuticals Ltd$3.82BHealthcareBiotechnology-0.48
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.48
RYOJrYojbaba Co. Ltd$51MIndustrialsConsulting Services-0.47
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.46
HVMCUHighview Merger Corp - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.46
EMPDEmpery Digital Inc$98MConsumer CyclicalAuto Manufacturers-0.46
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$10MIndustrialsFarm & Heavy Construction Machinery-0.45
PFAIPinnacle Food Group Ltd - Class A$43MConsumer DefensiveFarm Products-0.45
EXEExpand Energy Corporation$21BEnergyOil & Gas E&p-0.45
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.44
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.44
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.44
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.44
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.44
YOULYoulife Group Inc$41MConsumer DefensiveEducation & Training Services-0.43
PCAPPatriot Capital Funding Inc$324MFinancial ServicesShell Companies-0.43
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.42
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.41

ETFs that lowly correlated with SHM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.71
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.66
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.66
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.61
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.60
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.60
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.59
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.58
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.58
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.58
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.56
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.56
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.56
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.55
QBProShares Nasdaq100 Dynamic Buffer ETF$2.80M0.58%Jun 24, 2025-0.55
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.54
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.54
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.54
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.53
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.53
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.52
WTIPWISDOMTREE INFLATION PLUS FUND $21M0.65%Jun 16, 2025-0.51
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.51
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.51
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.51
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.50
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.50
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.50
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.49
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.49
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.49
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.49
AMDWROUNDHILL AMD WEEKLYPAY ETF $122MN/AJul 23, 2025-0.48
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.48
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.48
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.48
YCSProShares UltraShort Yen -2x Shares$31MN/ANov 24, 2008-0.48
CXRNTEUCRIUM 2X DAILY CORN ETF $4MN/ADec 12, 2024-0.48
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.47
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.47
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.47
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.46
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.46
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.46
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.46
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.46
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.46
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.44
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.44
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.44
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.44
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.44
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.44
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.44
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.43
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.43
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.43
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.43
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.42
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.42
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.42
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.42