Correlated Assets

Assets that tend to move strongly with MUNI

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  ARR  ARMOUR Residential REIT (0.7)

  WU  Western Union (0.64)

  BCE  BCE (0.63)

  NKE  Nike (0.62)

  AZN  Astrazeneca (0.61)

Uncorrelated Assets

Assets with little price relationship to MUNI

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  RPD  Rapid7 (0.0)

  WNS  WNS Holdings Limited (0.0)

  DV  DoubleVerify (0.01)

  SMG  Scotts Miracle-Gro (0.01)

  SCO  ProShares UltraShort Bloomberg Crude Oil (-0.01)

Anticorrelated Assets

Assets that tend to move strongly against MUNI

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  SUPV  Grupo Supervielle S.A. (-0.51)

  BBAR  BBVA Argentina (-0.52)

  CLBT  Cellebrite DI (-0.54)

  IONQ  IonQ (-0.55)

  CXW  CoreCivic (-0.61)

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