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31 Stocks and 69 ETFs for diversifying VMO (Invesco Municipal Opportunity Trust)

The least correlated asset to VMO (Invesco Municipal Opportunity Trust) is ETF PFIX (SIMPLIFY INTEREST RATE HEDGE ETF). The correlation is -0.7682.

Stocks that lowly correlated with VMO

SymbolName
Market cap
SectorIndustry
Correlation
STRZStarz Entertainment Corp$380MCommunication ServicesEntertainment-0.71
ETOREtoro Group Ltd - Class A$3.64BFinancial ServicesCapital Markets-0.66
CHAChagee Holdings Ltd$1.65BConsumer CyclicalRestaurants-0.63
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.60
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.55
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.53
YSXTYsx Tech Co.Ltd - Class A$24MIndustrialsSpecialty Business Services-0.52
CHYMChime Financial Inc - Class A$6.59BTechnologySoftware - Application-0.52
JEM707 Cayman Holdings Ltd$1.99MConsumer CyclicalApparel Retail-0.51
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.49
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.48
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.46
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.46
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.45
HCHLHappy City Holdings Ltd - Class A$59MConsumer CyclicalRestaurants-0.44
SDMSmart Digital Group Ltd$59MCommunication ServicesAdvertising Agencies-0.44
CUPRCuprina Holdings (Cayman) Ltd - Class A$5.42MHealthcareMedical Instruments & Supplies-0.43
OMSEOMS Energy Technologies Inc$201MEnergyOil & Gas Equipment & Services-0.43
DMAADrugs Made In America Acquisition Corp$244MFinancial ServicesShell Companies-0.43
SMXTSolarMax Technology Inc$31MTechnologySolar-0.42
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.42
PNSkycorp Solar Group Ltd - Series A$100MTechnologySolar-0.41
IBACIB Acquisition Corp$46MFinancial ServicesShell Companies-0.41
TTANServiceTitan Inc - Class A$5.85BTechnologySoftware - Application-0.41
ASICAtegrity Specialty Holdings LLC$969MFinancial ServicesInsurance - Property & Casualty-0.40
BOWBowhead Specialty Holdings Inc$886MFinancial ServicesInsurance - Property & Casualty-0.39
MBMasterbeef Group$120MConsumer CyclicalRestaurants-0.38
AAMAA Mission Acquisition Corp.$368MFinancial ServicesShell Companies-0.38
DXYZDestiny Tech100 Inc$629MFinancial ServicesAsset Management-0.37
HNGEHinge Health Inc - Class A$4.21BHealthcareHealth Information Services-0.37
MACIMelar Acquisition Corp I - Class A$174MFinancial ServicesShell Companies-0.37

ETFs that lowly correlated with VMO

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, 2010-0.72
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.70
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.70
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.64
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.62
EFZPROSHARES SHORT MSCI EAFE $16M0.95%Oct 23, 2007-0.61
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.60
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.59
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.58
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.58
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.58
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.58
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.57
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.56
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.56
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.56
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.55
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.55
SZKPROSHARES ULTRASHORT CONSUMER STAPLES $4.70MN/AJan 30, 2007-0.55
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.55
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.55
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.54
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.54
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.53
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.53
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.53
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.53
SBBPROSHARES SHORT SMALLCAP600 $4.10M0.95%Jan 23, 2007-0.53
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.53
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.53
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.53
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.53
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.53
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.53
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.52
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.52
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.52
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.52
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.52
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.52
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.52
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.51
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.51
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.51
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.50
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.50
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.50
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.50
EMTYPROSHARES DECLINE OF THE RETAIL STORE ETF $2.90M0.65%Nov 14, 2017-0.49
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.49
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.49
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.48
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.48
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.48
RXDPROSHARES ULTRASHORT HEALTH CARE $4.90MN/AJan 30, 2007-0.46
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.46
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.46
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.46
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.44
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M0.96%Aug 8, 2022-0.44
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.44
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.43
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.41
YCSProShares UltraShort Yen -2x Shares$28MN/ANov 24, 2008-0.40
NFLWROUNDHILL NFLX WEEKLYPAY ETF $16MN/AJun 17, 2025-0.39
MSIIREX MSTR GROWTH & INCOME ETF $4.40MN/AJun 3, 2025-0.39
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.38
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.37