39 Stocks and 61 ETFs for diversifying CDX (SIMPLIFY HIGH YIELD ETF)
The least correlated asset to CDX (SIMPLIFY HIGH YIELD ETF) is ETF XCOM (Ultra Communication Services Select Sector ETF). The correlation is -1.
Stocks that lowly correlated with CDX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CSAI | Cloudastructure Inc - Class A | $7.44M | Technology | Software - Infrastructure | -0.68 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.66 |
| FIG | Figma Inc - Class A | $12B | Technology | Software - Application | -0.64 |
| PEW | GrabAGun Digital Holdings Inc | $75M | Industrials | Aerospace & Defense | -0.60 |
| TLIH | Ten League International Holdings Ltd | $17M | Industrials | Industrial Distribution | -0.55 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.55 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.54 |
| PLRZ | Polyrizon Ltd | $21M | Healthcare | Biotechnology | -0.54 |
| NMAX | Newsmax Inc Class B | $1.09B | Communication Services | Broadcasting | -0.51 |
| KGEI | Kolibri Global Energy Inc | $184M | Energy | Oil & Gas E&p | -0.51 |
| FLOC | Flowco Holdings Inc - Class A | $2.18B | Energy | Oil & Gas Equipment & Services | -0.50 |
| FVR | FrontView REIT Inc | $463M | Real Estate | Reit - Diversified | -0.49 |
| CMPOV | CompoSecure Inc | $3.51B | N/A | N/A | -0.48 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.48 |
| GRO | Brazil Potash Corp | $121M | Basic Materials | Other Industrial Metals & Mining | -0.48 |
| PMTV | Pennymac Mortgage Investment Trust | $2.20B | N/A | N/A | -0.46 |
| NCI | Neo Concept International Group Holdings Ltd | $48M | Consumer Cyclical | Apparel Manufacturing | -0.45 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.45 |
| GBRG | SunCar Technology Group Inc | $11M | N/A | N/A | -0.45 |
| PBF | PBF Energy Inc - Class A | $6.89B | Energy | Oil & Gas Refining & Marketing | -0.44 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.43 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.43 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.43 |
| SLDE | Slide Insurance Holdings Inc | $2.32B | Financial Services | Insurance - Property & Casualty | -0.43 |
| DEC | N/A | $961M | Energy | Oil & Gas Integrated | -0.43 |
| USOI | UBS AG London Branch | $205B | N/A | N/A | -0.43 |
| SI | Shoulder Innovations Inc | $452M | N/A | N/A | -0.42 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.42 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.42 |
| AMPY | Amplify Energy Corp | $165M | Energy | Oil & Gas E&p | -0.42 |
| HSPTR | Horizon Space Acquisition II Corp Right | $1M | N/A | N/A | -0.41 |
| IBTA | Ibotta Inc - Class A | $753M | Technology | Software - Application | -0.41 |
| SEG | Seaport Entertainment Group Inc | $339M | Real Estate | Real Estate Services | -0.40 |
| STRZ | Starz Entertainment Corp | $468M | Communication Services | Entertainment | -0.40 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.40 |
| BOLD | Boundless Bio Inc | $55M | Healthcare | Biotechnology | -0.40 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.40 |
| CTRA | Coterra Energy Inc. | $25B | Energy | Oil & Gas E&p | -0.40 |
| CTRI | Centuri Holdings Inc | $2.72B | Utilities | Utilities - Regulated Gas | -0.40 |