Skip to main content

Want a detailed portfolio tracker?

29 Stocks and 71 ETFs for diversifying RiverNorth Managed Duration Municipal Income Fund (RMM)

The least correlated asset to RiverNorth Managed Duration Municipal Income Fund (RMM) is ETF REK (PROSHARES SHORT REAL ESTATE). The correlation is -0.7499.

Stocks that lowly correlated with RMM

SymbolName
Market cap
SectorIndustry
Correlation
ARXAccelerant Holdings - Class A$2.82BFinancial ServicesInsurance Brokers-0.64
CVCapsoVision Inc$315MHealthcareMedical Devices-0.57
MHMcGraw Hill Inc$1.95BConsumer DefensiveEducation & Training Services-0.54
PLBLPolibeli Group Ltd$2.84BConsumer CyclicalDepartment Stores-0.52
MAGHMagnitude International Ltd$230MIndustrialsEngineering & Construction-0.52
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.52
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.51
BLSHBullish$3.80BTechnologySoftware - Infrastructure-0.50
THHTryHard Holdings Ltd$12MIndustrialsSpecialty Business Services-0.48
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.47
BYAHPark Ha Biological Technology Co Ltd$917KConsumer DefensiveHousehold & Personal Products-0.46
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.43
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.43
OTFBlue Owl Technology Finance Corp$4.79BFinancial ServicesAsset Management-0.42
MCTRCTRL Group Ltd$15MCommunication ServicesAdvertising Agencies-0.41
IROHUCN Healthy Food Tech Group Corp - Units (1 Ord 1 War & 1 Rts)$453MN/AN/A-0.41
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.40
SCAGScage Future$25MIndustrialsFarm & Heavy Construction Machinery-0.40
YSXTYsx Tech Co.Ltd - Class A$20MIndustrialsSpecialty Business Services-0.39
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.39
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$18MFinancial ServicesShell Companies-0.39
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.39
CHYMChime Financial Inc - Class A$8.43BTechnologySoftware - Application-0.38
DAICCID HoldCo Inc$40MTechnologyInformation Technology Services-0.38
YAASYouxin Technology Ltd - Class A$8.49MTechnologySoftware - Application-0.38
SMXTSolarMax Technology Inc$20MTechnologySolar-0.38
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.38
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.37
HERZHerzfeld Credit Income Fund Inc Com$230MFinancial ServicesAsset Management-0.37

ETFs that lowly correlated with RMM

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.75
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.72
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.71
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.69
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.68
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.68
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.68
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.67
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.67
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.66
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.66
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.66
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.66
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.66
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.65
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.63
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.63
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.63
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.63
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.63
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.62
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.62
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.61
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.61
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.61
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.61
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.61
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.61
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.60
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.59
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.59
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.59
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.59
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.58
WZRDOpportunistic Trader ETF$976K1.00%Jun 24, 2025-0.58
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.58
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.57
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.55
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.53
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.52
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.52
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.52
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.52
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.51
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.51
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.50
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.50
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.50
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.50
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.49
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.47
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.47
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.47
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.47
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.45
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.45
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $14M0.96%Aug 8, 2022-0.45
NFLWROUNDHILL NFLX WEEKLYPAY ETF $6.70MN/AJun 17, 2025-0.43
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.42
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.42
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.41
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.41
JHDGJOHN HANCOCK HEDGED EQUITY ETF $90M0.49%Apr 7, 2026-0.40
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.40
DKNXDEFIANCE DAILY TARGET 2X LONG DKNG ETF $5.40MN/AJul 30, 2025-0.39
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.39
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.39
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.38
MMKTTEXAS CAPITAL GOVERNMENT MONEY MARKET ETF $73M0.20%Sep 24, 2024-0.38
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.37