Correlated Assets

Assets that tend to move strongly with MUNI

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  ZROZ  PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded (0.8)

  ARR  ARMOUR Residential REIT (0.7)

  UWMC  UWM Holdings Corporation (0.65)

  AEO  American Eagle Outfitters (0.64)

  WU  Western Union (0.64)

Uncorrelated Assets

Assets with little price relationship to MUNI

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  APG  APi (-0.0)

  UL  Unilever (0.0)

  RPD  Rapid7 (0.0)

  WNS  WNS Holdings Limited (0.0)

  SMG  Scotts Miracle-Gro (0.01)

Anticorrelated Assets

Assets that tend to move strongly against MUNI

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  CLBT  Cellebrite DI (-0.54)

  GSHD  Goosehead Insurance (-0.55)

  IONQ  IonQ (-0.55)

  CXW  CoreCivic (-0.61)

  EOSE  Eos Energy Enterprises (-0.63)

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