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27 Stocks and 73 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 -0.7603.

Stocks that lowly correlated with VGM

SymbolName
Market cap
SectorIndustry
Correlation
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.59
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.57
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.55
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.55
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.54
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.53
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.52
APADREnhanced Group Inc$6.67MN/AN/A-0.52
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.51
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.50
JEM707 Cayman Holdings Ltd$3.49MConsumer CyclicalApparel Retail-0.50
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.50
OMSEOMS Energy Technologies Inc$197MEnergyOil & Gas Equipment & Services-0.49
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.47
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.47
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.46
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.45
TFIN-PTriumph Financial Inc Depositary Shares Series C$531MFinancial ServicesBanks - Regional-0.45
SMXTSolarMax Technology Inc$20MTechnologySolar-0.45
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.42
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.41
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.41
FACTFACT II Acquisition Corp - Class A$197MFinancialsInvestment Holding Companies-0.41
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.40
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.39
DMAADrugs Made In America Acquisition Corp$246MFinancial ServicesShell Companies-0.39
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.39

ETFs that lowly correlated with VGM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.76
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.73
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.71
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.70
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.67
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.67
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.66
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.66
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.64
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.64
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.63
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.60
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.60
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.60
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.60
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.59
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.58
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.57
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.57
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.57
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.57
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.56
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.56
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.56
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.56
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.56
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.56
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.55
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.55
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.55
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.55
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.54
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.54
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.54
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.54
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.54
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.54
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.54
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.53
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.53
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $163MN/AApr 16, 2009-0.52
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$17MN/AMar 27, 2012-0.52
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.52
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $12MN/AApr 16, 2009-0.52
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.52
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.52
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $280MN/AApr 29, 2008-0.52
TBFPROSHARES SHORT 20+ YEAR TREASURY $87M0.95%Aug 18, 2009-0.51
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.51
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.51
TBXPROSHARES SHORT 7-10 YEAR TREASURY $20M0.95%Apr 4, 2011-0.51
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.51
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.50
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.50
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.49
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.49
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.48
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.48
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.47
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.46
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.46
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.45
NFLUT-REX 2X LONG NFLX DAILY TARGET ETF $46MN/ASep 26, 2024-0.45
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.45
NFXLDIREXION DAILY NFLX BULL 2X SHARES $141MN/AOct 2, 2024-0.44
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.44
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.44
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.42
MSTXDefiance Daily Target 2x Long MSTR ETF$151MN/AAug 14, 2024-0.40
UUPInvesco DB US Dollar Index Bullish Fund$436M0.75%Feb 20, 2007-0.40
MSTUT-REX 2X LONG MSTR DAILY TARGET ETF $291MN/ASep 17, 2024-0.40
MSTDEFIANCE LEVERAGED LONG + INCOME MSTR ETF $12MN/AMay 1, 2025-0.39