Overview Performance Dividends Correlations

62 Stocks and 38 ETFs for diversifying ZTAX (X-Square Municipal Income Tax Free ETF)

The least correlated asset to ZTAX (X-Square Municipal Income Tax Free ETF) is ETF ONG (Leverage Shares 2X Long ON Daily ETF). The correlation is -1.

Stocks that lowly correlated with ZTAX

Symbol	Name	Market cap	Sector	Industry	Correlation
TOACU	Talon 1 Acquisition Corp - Units (1 Ord Class A & 1/2 War)	$143M	N/A	N/A	-1.00
TANNL	TravelCenters of America Inc	$364M	N/A	N/A	-1.00
TANNZ	TravelCenters of America Inc	$367M	N/A	N/A	-1.00
RXDX	Prometheus Biosciences Inc	$9.49B	N/A	N/A	-1.00
MEKA	MELI Kaszek Pioneer Corp - Class A	$297M	N/A	N/A	-1.00
LITT	Logistics Innovation Technologies Corp - Class A	$349M	N/A	N/A	-1.00
JUGGU	Jaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)	$285M	N/A	N/A	-1.00
EOCW	Elliott Opportunity II Corp - Class A	$789M	N/A	N/A	-1.00
DNAB	Social Capital Suvretta Holdings Corp II - Class A	$330M	N/A	N/A	-1.00
AHRNU	Ahren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)	$79M	N/A	N/A	-1.00
TANNI	TravelCenters of America Inc	$368M	N/A	N/A	-1.00
JUGG	Jaws Juggernaut Acquisition Corp - Class A	$285M	N/A	N/A	-1.00
SCAQU	Stratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$286M	N/A	N/A	-0.93
WWACU	Aeries Technology Inc - Units (1 Ord Class A & 1/2 War)	$41M	N/A	N/A	-0.77
FRBNU	Forbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)	$316M	N/A	N/A	-0.76
PRDS	Pardes Biosciences Inc	$129M	N/A	N/A	-0.71
CV	CapsoVision Inc	$315M	Healthcare	Medical Devices	-0.71
AMAO	American Acquisition Opportunity Inc - Class A	$118M	N/A	N/A	-0.69
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.66
BOAC	Bluescape Opportunities Acquisition Corp - Class A	$227M	N/A	N/A	-0.60
AURC	Better Home & Finance Holding Co. - Class A	$104M	N/A	N/A	-0.60
EMBK	Embark Technology Inc - Class A	$68M	N/A	N/A	-0.59
KFIIU	K&F Growth Acquisition Corp II - Units (1 Ord Cls A & 1 Rts)	$316M	Financial Services	Shell Companies	-0.56
OFAL	OFA Group	$3.36M	Industrials	Engineering & Construction	-0.56
APRN	Blue Apron Holdings Inc - Class A	$100M	N/A	N/A	-0.56
BRLIU	Brilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)	$6.42M	N/A	N/A	-0.54
SABRP	Sabre Corp	$24B	N/A	N/A	-0.54
BLSH	Bullish	$3.80B	Technology	Software - Infrastructure	-0.52
MCTR	CTRL Group Ltd	$15M	Communication Services	Advertising Agencies	-0.51
PRA	ProAssurance Corporation	$1.29B	Financial Services	Insurance - Property & Casualty	-0.50
GATE	VISTASHARES TARGET 15 GATE ENDOWMENT DISTRIBUTION ETF	$425M	Financial Services	Shell Companies	-0.50
GATEU	Marblegate Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)	$340M	Financial Services	Shell Companies	-0.50
HRYU	Global Interactive Technologies Inc	$760K	Communication Services	Internet Content & Information	-0.50
PLT	N/A	$508M	N/A	N/A	-0.49
NOEM	CO2 Energy Transition Corp	$73M	Financial Services	Shell Companies	-0.49
ALORU	ALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)	$22M	N/A	N/A	-0.49
FOXX	Foxx Development Holdings Inc	$20M	Technology	Consumer Electronics	-0.48
AVBC	Avidia Bancorp Inc	$407M	Financial Services	Banks - Regional	-0.46
HERZ	Herzfeld Credit Income Fund Inc Com	$230M	Financial Services	Asset Management	-0.46
BRLI	Brilliant Acquisition Corp	$5.92M	N/A	N/A	-0.46
EPWK	EPWK Holdings Ltd - Class A	$9.78K	Technology	Software - Application	-0.46
ZYBT	Zhengye Biotechnology Holding Ltd	$35M	Healthcare	Drug Manufacturers - Specialty & Generic	-0.45
SORA	Top Win International Ltd	$40M	Consumer Cyclical	Luxury Goods	-0.45
PMTW	Pennymac Mortgage Investment Trust	$2.23B	N/A	N/A	-0.43
HCAI	Huachen AI Parking Management Technology Holding Co. Ltd	$10M	Industrials	Farm & Heavy Construction Machinery	-0.42
ETOR	Etoro Group Ltd - Class A	$3.63B	Financial Services	Capital Markets	-0.42
IPEXU	Inflection Point Acquisition Corp V - Units (1 Ord Cls A & 1 Rts)	$29M	Financial Services	Shell Companies	-0.42
WGRX	Wellgistics Health Inc	$6.79M	Healthcare	Pharmaceutical Retailers	-0.41
KMRK	KTech Solutions Company Ltd	$21M	Consumer Cyclical	Leisure	-0.41
SHEN	Shenandoah Telecommunications Company	$675M	Communication Services	Telecom Services	-0.41
OVBC	Ohio Valley Banc Corp	$206M	Financial Services	Banks - Regional	-0.41
ELPW	Elong Power Holding Ltd	$645K	Industrials	Electrical Equipment & Parts	-0.40
VSTA	Vasta Platform Ltd Class A	$394M	Consumer Defensive	Education & Training Services	-0.40
SGTX	Sigilon Therapeutics Inc	$56M	N/A	N/A	-0.40
FTPA	FTAC Parnassus Acquisition Corp - Class A	$302M	Financial Services	Shell Companies	-0.39
YDES	YD Bio Ltd	$161M	Healthcare	Biotechnology	-0.39
DFDV	DeFi Development Corp	$91M	Financial Services	Asset Management	-0.39
NAMI	Jinxin Technology Holding Company	$7.41M	Communication Services	Internet Content & Information	-0.39
BOW	Bowhead Specialty Holdings Inc	$982M	Financial Services	Insurance - Property & Casualty	-0.39
KYIV	Kyivstar Group Ltd	$3.48B	Communication Services	Telecom Services	-0.39
CMT	Core Molding Technologies	$211M	Basic Materials	Specialty Chemicals	-0.38
ARTEU	Artemis Strategic Investment Corp - Units (1 Ord Share Class A & 1/2 War)	$263M	N/A	N/A	-0.38

ETFs that lowly correlated with ZTAX

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
ONG	Leverage Shares 2X Long ON Daily ETF	$1.90M	N/A	Jun 1, 2026	-1.00
XCOM	Ultra Communication Services Select Sector ETF	$384K	N/A	Jun 2, 2026	-1.00
GEVX	Tradr 2X Long GEV Daily ETF	$52M	N/A	Jul 10, 2025	-0.56
RNIN	BUSHIDO CAPITAL US SMID CAP EQUITY ETF	$161M	0.68%	May 14, 2025	-0.56
EMEM	SOPHUS CAPITAL EMERGING MARKET ETF	$61M	0.65%	May 19, 2026	-0.53
LDRI	ISHARES IBONDS 1-5 YEAR TIPS LADDER ETF	$27M	0.10%	Nov 7, 2024	-0.53
MUD	Direxion Daily MU Bear 1X Shares	$76M	1.02%	Oct 9, 2024	-0.52
SCOW	PACER S&P SMALLCAP 600 QUALITY FCF ARISTOCRATS ETF	$1.60M	0.59%	Aug 27, 2025	-0.51
METW	ROUNDHILL META WEEKLYPAY ETF	$25M	N/A	Jun 17, 2025	-0.50
IGME	BITWISE GME OPTION INCOME STRATEGY ETF	$1.10M	0.96%	Jun 9, 2025	-0.49
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.80M	1.01%	Oct 2, 2024	-0.48
IVOL	QUADRATIC INTEREST RATE VOLATILITY AND INFLATION HEDGE ETF	$276M	0.98%	May 13, 2019	-0.48
XLCI	STATE STREET(R) COMMUNICATION SERVICES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R ) COMMUNICATION SERVICES SELECT SECTOR SPDR(R) PREMIUM INCOME ETF	$2.10M	0.35%	Jul 29, 2025	-0.47
BUFH	FT Vest Laddered Max Buffer ETF	$55M	0.95%	Jun 24, 2025	-0.46
ZJUN	Innovator Equity Defined Protection ETF 1 Yr June	$153M	0.79%	May 30, 2025	-0.45
DVXC	WEBs Defined Volatility XLC ETF	$229K	0.89%	Jul 22, 2025	-0.45
CPSU	Calamos S&P 500 Structured Alt Protection ETF June	$25M	0.69%	May 30, 2025	-0.45
AVGW	ROUNDHILL AVGO WEEKLYPAY ETF	$45M	N/A	Jul 23, 2025	-0.44
XXV	SIMPLIFY ANCORATO TARGET 25 DISTRIBUTION ETF	$46M	0.85%	Nov 17, 2025	-0.44
PMJN	PGIM S&P 500 MAX BUFFER ETF - JUNE	$5.10M	0.50%	May 30, 2025	-0.44
MZZ	PROSHARES ULTRASHORT MIDCAP400	$2.40M	N/A	Jul 11, 2006	-0.43
AVGU	T-REX 2X LONG AVGO DAILY TARGET ETF	$36M	N/A	Jul 14, 2025	-0.43
SJB	PROSHARES SHORT HIGH YIELD	$56M	0.95%	Mar 21, 2011	-0.42
SIJ	ProShares UltraShort Industrials -2x Shares	$5.50M	N/A	Jan 30, 2007	-0.42
MYY	PROSHARES SHORT MIDCAP400	$2.90M	0.95%	Jun 19, 2006	-0.41
FPAS	FPA SHORT DURATION GOVERNMENT ETF	$9.90M	0.10%	Oct 31, 2024	-0.41
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$195M	0.48%	Jun 8, 2016	-0.40
JHDG	JOHN HANCOCK HEDGED EQUITY ETF	$90M	0.49%	Apr 7, 2026	-0.40
SMN	ProShares UltraShort Materials	$4.10M	N/A	Jan 30, 2007	-0.40
SH	ProShares Short S&P500 -1x Shares	$973M	0.89%	Jun 19, 2006	-0.40
SDS	ProShares UltraShort S&P500 -2x Shares	$398M	N/A	Jul 11, 2006	-0.40
ASCE	ALLSPRING SMID CORE ETF	$118M	0.38%	Jul 7, 2025	-0.39
ZMAY	Innovator Equity Defined Protection ETF 1 Yr May	$98M	0.79%	Apr 30, 2025	-0.39
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$11M	6.22%	Jul 10, 2018	-0.39
BNKD	Bank of Montreal	$1.10M	N/A	Feb 20, 2025	-0.39
BUFX	FT Vest Laddered Enhance & Moderate Buffer ETF	$14M	0.96%	Jun 24, 2025	-0.39
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$176M	0.50%	May 10, 2021	-0.39
BULG	LEVERAGE SHARES 2X LONG BULL DAILY ETF	$5.20M	N/A	Aug 8, 2025	-0.38