25 Stocks and 75 ETFs for diversifying SHYM (iShares High Yield Muni Income Active ETF)
The least correlated asset to SHYM (iShares High Yield Muni Income Active ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.
Stocks that lowly correlated with SHYM
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.74 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.72 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.52 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.52 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.51 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.50 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.50 |
| HNGE | Hinge Health Inc - Class A | $4.21B | Healthcare | Health Information Services | -0.48 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.47 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.47 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.46 |
| CHA | Chagee Holdings Ltd | $1.65B | Consumer Cyclical | Restaurants | -0.46 |
| RAY | Raytech Holding Ltd | $9.91M | Consumer Defensive | Household & Personal Products | -0.45 |
| YSXT | Ysx Tech Co.Ltd - Class A | $24M | Industrials | Specialty Business Services | -0.44 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.43 |
| JEM | 707 Cayman Holdings Ltd | $1.99M | Consumer Cyclical | Apparel Retail | -0.42 |
| MNTN | MNTN Inc - Class A | $653M | Technology | Software - Application | -0.42 |
| NC | Nacco Industries Inc - Class A | $376M | Energy | Thermal Coal | -0.41 |
| GIFT | RDE Inc | $29M | Communication Services | Internet Content & Information | -0.41 |
| BSM | Black Stone Minerals L.P. | $2.82B | Energy | Oil & Gas E&p | -0.41 |
| CTRA | Coterra Energy Inc. | $25B | Energy | Oil & Gas E&p | -0.39 |
| BRLI | Brilliant Acquisition Corp | $5.92M | N/A | N/A | -0.39 |
| MCGAU | Yorkville Acquisition Corp - Units (1 Ord Cls A & 1/3 War) | $52M | Financial Services | Shell Companies | -0.38 |
| GSHR | Gesher Acquisition Corp II - Class A | $155M | Financial Services | Shell Companies | -0.38 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.37 |