Looking to diversify beyond MUNA? The ETFs below have the lowest correlation with MUNA — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from MUNA.
Best Diversifiers for MUNA
5 ETFs have low correlation with MUNA (below 0.3), 0 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| Goldman Sachs Ultra Short Municipal Income ETF | 0.12 | — | — | 96 | Municipal Bonds | MUNA vs GUMI | |
| State Street My2026 Municipal Bond ETF | 0.16 | 0.16 | 0.16 | 97 | Municipal Bonds | MUNA vs MYMF | |
| FlexShares US Quality Low Volatility Index Fund | 0.17 | 0.17 | 0.17 | 55 | Volatility Hedged Equity | MUNA vs QLV | |
| FlexShares STOXX US ESG Select Index Fund | 0.27 | 0.27 | 0.27 | 61 | Large Cap Growth Equities | MUNA vs ESG | |
| iShares Short-Term California Muni Active ETF | 0.29 | 0.29 | — | 94 | Municipal Bonds | MUNA vs CALI |
See all 10 diversifiers for MUNA
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