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29 Stocks and 71 ETFs for diversifying VGM (Invesco Trust for Investment Grade Municipals)

The least correlated asset to VGM (Invesco Trust for Investment Grade Municipals) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7736.

Stocks that lowly correlated with VGM

SymbolName
Market cap
SectorIndustry
Correlation
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.67
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.61
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.60
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.60
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.58
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.58
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.57
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.55
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.51
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.50
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.48
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.47
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.46
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.46
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.45
SMXTSolarMax Technology Inc$31MTechnologySolar-0.44
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.44
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.44
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.44
STAKStak Inc$17MEnergyOil & Gas Equipment & Services-0.43
DMAADrugs Made In America Acquisition Corp$244MFinancial ServicesShell Companies-0.42
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.41
IPCXInflection Point Acquisition Corp III - Class A$261MFinancial ServicesShell Companies-0.41
TGEGeneration Essentials Group - Class A$370MFinancial ServicesAsset Management-0.40
TRSGTungray Technologies Inc - Class A$19MIndustrialsMetal Fabrication-0.40
EPWKEPWK Holdings Ltd - Class A$9.78KTechnologySoftware - Application-0.39
RDAGURepublic Digital Acquisition Co. - Units (1 Ord Cls A & 1/2 War)$42MFinancial ServicesShell Companies-0.39
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.39
ROMARoma Green Finance Ltd$350MIndustrialsConsulting Services-0.39

ETFs that lowly correlated with VGM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.77
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.73
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.71
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.71
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.64
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.63
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.60
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.60
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.60
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.59
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.58
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.57
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.57
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.57
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.57
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.57
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.56
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.56
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.56
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.56
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.55
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.55
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.55
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.55
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.55
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.55
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.55
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.54
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.54
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.54
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.53
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.53
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.53
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.53
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.53
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.53
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.53
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.53
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.52
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.51
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.51
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.51
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.50
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.50
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.50
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.49
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.49
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.48
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.48
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.48
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.48
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.46
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.45
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.45
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.44
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.44
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $36MN/ASep 26, 2024-0.43
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.42
NFXLDIREXION DAILY NFLX BULL 2X SHARES $176MN/AOct 2, 2024-0.42
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.42
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.39
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.39
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.38