Skip to main content

Want a detailed portfolio tracker?

26 Stocks and 74 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 -0.6901.

Stocks that lowly correlated with VCV

SymbolName
Market cap
SectorIndustry
Correlation
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.67
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.65
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.64
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.64
CVCapsoVision Inc$315MHealthcareMedical Devices-0.50
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.49
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.49
FLYFirefly Aerospace Inc$3.35BIndustrialsAerospace & Defense-0.48
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.46
ETOREtoro Group Ltd - Class A$3.63BFinancial ServicesCapital Markets-0.45
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.45
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.45
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.43
VNTGVantage Corp - Class A$19MIndustrialsMarine Shipping-0.42
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.42
NOEMCO2 Energy Transition Corp$73MFinancial ServicesShell Companies-0.42
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.41
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.41
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.41
CBION/A$432MHealthcareBiotechnology-0.40
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.40
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.39
MCGAYorkville Acquisition Corp - Class A$176MFinancial ServicesShell Companies-0.39
IROHRCN Healthy Food Tech Group Corp$35MN/AN/A-0.39
SFWLShengfeng Development Ltd - Class A$56MIndustrialsIntegrated Freight & Logistics-0.39
APADREnhanced Group Inc$6.67MN/AN/A-0.38

ETFs that lowly correlated with VCV

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.69
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.67
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.65
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.62
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.61
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.61
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.61
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.60
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.58
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.58
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.57
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.57
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.57
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.56
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.56
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.55
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.55
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.54
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.54
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.53
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.53
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.53
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.53
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.53
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.53
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.52
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.52
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.52
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.52
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.51
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.51
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.51
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.50
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.50
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.50
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.50
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.49
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.49
GEVXTradr 2X Long GEV Daily ETF$52MN/AJul 10, 2025-0.49
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.49
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.49
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.49
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.49
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.49
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.49
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.48
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.48
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.48
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.48
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.48
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.47
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.47
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.46
TIPANORTHERN TRUST 2030 INFLATION-LINKED DISTRIBUTING LADDER ETF $18M0.10%Aug 18, 2025-0.46
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.46
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.46
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.45
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.45
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.45
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.45
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.44
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.43
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.43
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.42
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.41
COYYGRANITESHARES YIELDBOOST COIN ETF $21M1.07%Jul 28, 2025-0.40
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.40
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.39
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.39