Home › Stocks › RMM

RMM correlations (RiverNorth Managed Duration Municipal Income Fund, Inc.)

RMM measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)

14.3%

3y weekly

Beta vs S&P 500

0.41

3y weekly

1-year return

+14.2%

price, adjusted

5-year return

-4.9%

price, adjusted

Market cap

$0.3B

latest

P/E ratio

74.7

trailing

Max drawdown

-18.8%

3y, daily closes

RMM over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with RMM

Asset		Correlation (3Y)
RFM	RiverNorth Flexible Municipal Income Fund, Inc.	0.84
RMI	RiverNorth Opportunistic Municipal Income Fund, Inc.	0.81
RFMZ	RiverNorth Flexible Municipal Income Fund II, Inc.	0.78
SBI	Western Asset Intermediate Muni Fund Inc	0.75
IIM	Invesco Value Municipal Income Trust	0.74

If the goal is offsetting RMM, these tracked assets have historically moved the most on their own terms.

Asset		Correlation (3Y)
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.43
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-0.41
FNGD	MicroSectors FANG Index -3X Inverse Leveraged ETNs due	-0.27

Free API · no key required

$ curl https://www.pairbook.io/api/v1/symbols/rmm.json

Correlations, diversifiers, beta and volatility for RMM, plus one endpoint per pair. API documentation.