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28 Stocks and 72 ETFs for diversifying VCV (Invesco California Value Municipal Income Trust)

The least correlated asset to VCV (Invesco California Value Municipal Income Trust) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.6956.

Stocks that lowly correlated with VCV

SymbolName
Market cap
SectorIndustry
Correlation
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.69
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.68
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.64
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.49
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.47
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.46
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.46
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.46
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.45
WETOWebus International Ltd$11MTechnologySoftware - Infrastructure-0.44
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.44
NOEMCO2 Energy Transition Corp$72MFinancial ServicesShell Companies-0.44
VNTGVantage Corp - Class A$19MIndustrialsMarine Shipping-0.43
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.43
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.43
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.42
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.41
SAFXXCF Global Inc$126MUtilitiesUtilities - Renewable-0.40
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.40
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.40
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.39
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.39
CBIOCrescent Biopharma Inc$573MHealthcareBiotechnology-0.39
SFWLShengfeng Development Ltd - Class A$72MIndustrialsIntegrated Freight & Logistics-0.39
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.38
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.37
UYSCUY Scuti Acquisition Corp$73MFinancial ServicesShell Companies-0.37
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.37

ETFs that lowly correlated with VCV

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.70
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.66
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.65
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.62
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.60
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.60
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.60
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.58
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.57
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.57
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.57
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.56
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.55
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.55
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.53
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.53
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.53
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.53
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.53
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.52
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.52
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.52
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.52
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.52
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.51
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.51
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.51
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.51
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.51
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.51
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.50
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.50
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.50
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.50
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.50
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.50
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.50
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.49
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.49
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.49
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.49
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.49
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.49
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.48
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.48
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.47
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.47
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.46
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.46
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.45
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.45
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.44
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.44
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.44
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.44
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.43
METWROUNDHILL META WEEKLYPAY ETF $27MN/AJun 17, 2025-0.42
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.41
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.41
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.40
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.39
FNGDBank of Montreal$68MN/AJan 22, 2018-0.39
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.39
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.38
ZMAYInnovator Equity Defined Protection ETF 1 Yr May$34M0.79%Apr 30, 2025-0.37