Overview Performance Dividends Correlations

23 Stocks and 77 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 XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.

Stocks that lowly correlated with SHYM

Symbol	Name	Market cap	Sector	Industry	Correlation
BLSH	Bullish	$3.80B	Technology	Software - Infrastructure	-0.77
CRCL	Circle Internet Group Inc - Class A	$16B	Financial Services	Capital Markets	-0.75
CTW	CTW Cayman - Class A	$147M	Communication Services	Electronic Gaming & Multimedia	-0.70
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$18M	Financial Services	Shell Companies	-0.66
ARX	Accelerant Holdings - Class A	$2.82B	Financial Services	Insurance Brokers	-0.58
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.56
ELPW	Elong Power Holding Ltd	$645K	Industrials	Electrical Equipment & Parts	-0.54
EMPD	Empery Digital Inc	$98M	Consumer Cyclical	Auto Manufacturers	-0.51
NYAX	Nayax Ltd	$2.63B	Technology	Software - Infrastructure	-0.50
HRYU	Global Interactive Technologies Inc	$760K	Communication Services	Internet Content & Information	-0.49
RAY	Raytech Holding Ltd	$8.20M	Consumer Defensive	Household & Personal Products	-0.45
APADR	Enhanced Group Inc	$6.67M	N/A	N/A	-0.45
FIG	Figma Inc - Class A	$12B	Technology	Software - Application	-0.44
RIBBR	Ribbon Acquisition Corp Rights	$277K	N/A	N/A	-0.44
CRE	Cre8 Enterprise Ltd Class A	$6.60M	Industrials	Specialty Business Services	-0.43
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.43
APADU	A Paradise Acquisition Corp Unit	$67M	Financial Services	Shell Companies	-0.42
NC	Nacco Industries Inc - Class A	$363M	Energy	Thermal Coal	-0.41
GIFT	RDE Inc	$29M	Communication Services	Internet Content & Information	-0.41
BSM	Black Stone Minerals L.P.	$3.03B	Energy	Oil & Gas E&p	-0.40
YSXT	Ysx Tech Co.Ltd - Class A	$20M	Industrials	Specialty Business Services	-0.40
CTRA	Coterra Energy Inc.	$25B	Energy	Oil & Gas E&p	-0.39
BRLI	Brilliant Acquisition Corp	$5.92M	N/A	N/A	-0.39

ETFs that lowly correlated with SHYM

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.85
TMV	DIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES	$163M	N/A	Apr 16, 2009	-0.83
TTT	ProShares UltraPro Short 20+ Year Treasury -3x Shares	$17M	N/A	Mar 27, 2012	-0.83
TBT	PROSHARES ULTRASHORT 20+ YEAR TREASURY	$280M	N/A	Apr 29, 2008	-0.83
TBF	PROSHARES SHORT 20+ YEAR TREASURY	$87M	0.95%	Aug 18, 2009	-0.83
CRCG	LEVERAGE SHARES 2X LONG CRCL DAILY ETF	$67M	N/A	Aug 8, 2025	-0.79
CCUP	T-REX 2X LONG CRCL DAILY TARGET ETF	$25M	N/A	Aug 8, 2025	-0.79
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$176M	0.50%	May 10, 2021	-0.79
TYO	DIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES	$12M	N/A	Apr 16, 2009	-0.77
PST	PROSHARES ULTRASHORT 7-10 YEAR TREASURY	$11M	N/A	Apr 29, 2008	-0.77
TBX	PROSHARES SHORT 7-10 YEAR TREASURY	$20M	0.95%	Apr 4, 2011	-0.76
REK	PROSHARES SHORT REAL ESTATE	$9.80M	0.95%	Mar 16, 2010	-0.71
SRS	ProShares UltraShort Real Estate -2x Shares	$16M	N/A	Jan 30, 2007	-0.69
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$1.20M	N/A	Oct 23, 2007	-0.68
EFZ	ProShares Short MSCI EAFE -1X Shares	$12M	0.95%	Oct 23, 2007	-0.68
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$298M	0.90%	Dec 1, 2020	-0.66
EPV	ProShares UltraShort FTSE Europe -2X Shares	$13M	N/A	Jun 16, 2009	-0.64
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.64
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.64
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.64
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$274M	1.04%	Sep 30, 2021	-0.63
EWV	ProShares UltraShort MSCI Japan -2x Shares	$5.70M	N/A	Nov 6, 2007	-0.63
UVIX	2x Long VIX Futures ETF	$290M	N/A	Mar 28, 2022	-0.61
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.61
DXD	PROSHARES ULTRASHORT DOW30	$46M	N/A	Jul 11, 2006	-0.61
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.61
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.60
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.60
RBIL	F/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF	$139M	0.17%	Feb 24, 2025	-0.58
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$6.70M	N/A	Jun 17, 2025	-0.58
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$9.80M	0.95%	Oct 30, 2007	-0.58
SKF	ProShares UltraShort Financials -2x Shares	$11M	N/A	May 23, 2007	-0.58
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$2.60M	N/A	Oct 30, 2007	-0.57
PSQ	ProShares Short QQQ -1x Shares	$601M	0.95%	Jun 19, 2006	-0.57
SEF	ProShares Short Financials -1x Shares	$14M	0.95%	Jun 10, 2008	-0.56
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.56
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.56
YCS	ProShares UltraShort Yen -2x Shares	$31M	N/A	Nov 24, 2008	-0.55
TWM	ProShares UltraShort Russell2000 -2x Shares	$38M	N/A	Jan 23, 2007	-0.55
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.55
CPII	AMERICAN BEACON IONIC INFLATION PROTECTION ETF	$11M	0.70%	Jun 28, 2022	-0.55
RWM	PROSHARES SHORT RUSSELL2000	$113M	0.95%	Jan 23, 2007	-0.54
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.54
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$35M	0.89%	Jan 17, 2018	-0.54
VIXM	ProShares VIX Mid-Term Futures ETF	$40M	0.92%	Jan 3, 2011	-0.54
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.20M	N/A	Jan 23, 2007	-0.54
WTIP	WISDOMTREE INFLATION PLUS FUND	$21M	0.65%	Jun 16, 2025	-0.53
SBB	ProShares Short SmallCap600 -1x Shares	$3.30M	0.95%	Jan 23, 2007	-0.53
SCC	ProShares UltraShort Consumer Discretionary	$6.80M	N/A	Jan 30, 2007	-0.53
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$8.70M	N/A	Nov 7, 2019	-0.53
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$185M	N/A	Feb 9, 2010	-0.53
DBMF	IMGP DBI MANAGED FUTURES STRATEGY ETF	$3.90B	0.85%	May 7, 2019	-0.52
SLTY	YIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF	$19M	1.25%	Aug 20, 2025	-0.52
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.51
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.20M	N/A	Apr 6, 2010	-0.51
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$433M	0.51%	Dec 18, 2013	-0.51
REW	ProShares UltraShort Technology -2x Shares	$2.80M	N/A	Jan 30, 2007	-0.50
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$17M	N/A	Nov 7, 2019	-0.50
RINF	PROSHARES INFLATION EXPECTIATIONS ETF PROSHARES INFLATION EXPECTATIONS ETF	$18M	0.30%	Jan 10, 2012	-0.49
RXD	ProShares UltraShort Health Care -2x Shares	$3.20M	N/A	Jan 30, 2007	-0.49
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.48
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$3M	0.65%	Nov 14, 2017	-0.48
UUP	Invesco DB US Dollar Index Bullish Fund	$436M	0.75%	Feb 20, 2007	-0.47
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$14M	N/A	Dec 17, 2008	-0.47
SPXU	ProShares UltraPro Short S&P 500	$427M	N/A	Jun 23, 2009	-0.46
BCCC	GLOBAL X BITCOIN COVERED CALL ETF	$8.20M	0.75%	Jun 3, 2025	-0.46
MSTW	ROUNDHILL MSTR WEEKLYPAY ETF	$33M	N/A	Jul 23, 2025	-0.46
MSTP	GRANITESHARES 2X LONG MSTR DAILY ETF	$5.20M	N/A	Jun 9, 2025	-0.45
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$43M	0.92%	Nov 5, 2021	-0.45
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.43
SDP	ProShares UltraShort Utilities -2x Shares	$3.90M	N/A	Jan 30, 2007	-0.43
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$29M	N/A	Jul 16, 2009	-0.43
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$82M	0.79%	Jun 28, 2024	-0.41
FMF	FIRST TRUST MANAGED FUTURES STRATEGY FUND	$272M	0.98%	Aug 1, 2013	-0.40
EUO	ProShares UltraShort Euro -2X Shares	$35M	N/A	Nov 24, 2008	-0.39
NVDS	Tradr 1.5X Short NVDA Daily ETF	$18M	N/A	Jul 13, 2022	-0.38