Looking to diversify beyond MUNB? The ETFs below have the lowest correlation with MUNB — 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 MUNB.
Best Diversifiers for MUNB
7 ETFs have low correlation with MUNB (below 0.3), 0 of which are negatively correlated. The least correlated is iShares iBonds Dec 2026 Term Muni Bond ETF (IBMO) (Municipal Bonds) with a 1Y correlation of 0.16, roughly unchanged from 0.16 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares iBonds Dec 2026 Term Muni Bond ETF | 0.16 | 0.16 | 0.16 | 89 | Municipal Bonds | MUNB vs IBMO | |
| Goldman Sachs Ultra Short Municipal Income ETF | 0.16 | 0.16 | 0.16 | 96 | Municipal Bonds | MUNB vs GUMI | |
| Invesco BulletShares 2026 Municipal Bond ETF | 0.16 | 0.16 | 0.16 | 88 | Municipal Bonds | MUNB vs BSMQ | |
| FlexShares US Quality Large Cap Index Fund | 0.22 | 0.22 | 0.22 | 73 | Large Cap Blend Equities | MUNB vs QLC | |
| State Street My2026 Municipal Bond ETF | 0.22 | 0.22 | 0.22 | 97 | Municipal Bonds | MUNB vs MYMF |
See all 16 diversifiers for MUNB
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