38 Stocks and 62 ETFs for diversifying CDX (SIMPLIFY HIGH YIELD ETF)
The least correlated asset to CDX (SIMPLIFY HIGH YIELD ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.
Stocks that lowly correlated with CDX
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| CSAI | Cloudastructure Inc - Class A | $8.98M | Technology | Software - Infrastructure | -0.71 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.66 |
| FLOC | Flowco Holdings Inc - Class A | $2.18B | Energy | Oil & Gas Equipment & Services | -0.65 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.63 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.62 |
| USOI | UBS AG London Branch | $234B | N/A | N/A | -0.61 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.57 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.57 |
| PLRZ | Polyrizon Ltd | $27M | Healthcare | Biotechnology | -0.54 |
| PSIG | PS International Group Ltd | $21M | Industrials | Integrated Freight & Logistics | -0.53 |
| LION | Lionsgate Studios Corp - New | $3.99B | Financial Services | Shell Companies | -0.52 |
| KGEI | Kolibri Global Energy Inc | $182M | Energy | Oil & Gas E&p | -0.52 |
| CTRI | Centuri Holdings Inc | $3.13B | Utilities | Utilities - Regulated Gas | -0.49 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.49 |
| GRO | Brazil Potash Corp | $132M | Basic Materials | Other Industrial Metals & Mining | -0.49 |
| NMAX | Newsmax Inc Class B | $1B | Communication Services | Broadcasting | -0.49 |
| DEC | N/A | $1.05B | Energy | Oil & Gas Integrated | -0.48 |
| CMPOV | CompoSecure Inc | $3.51B | N/A | N/A | -0.48 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.47 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.47 |
| FVR | FrontView REIT Inc | $390M | Real Estate | Reit - Diversified | -0.46 |
| PMTV | Pennymac Mortgage Investment Trust | $2.20B | N/A | N/A | -0.46 |
| NCI | Neo Concept International Group Holdings Ltd | $22M | Consumer Cyclical | Apparel Manufacturing | -0.45 |
| NIPG | NIP Group Inc | $124M | Communication Services | Entertainment | -0.45 |
| AMPY | Amplify Energy Corp | $188M | Energy | Oil & Gas E&p | -0.45 |
| GBRG | SunCar Technology Group Inc | $11M | N/A | N/A | -0.45 |
| STRZ | Starz Entertainment Corp | $380M | Communication Services | Entertainment | -0.43 |
| PBF | PBF Energy Inc - Class A | $4.55B | Energy | Oil & Gas Refining & Marketing | -0.43 |
| HSPTR | Horizon Space Acquisition II Corp Right | $763K | N/A | N/A | -0.42 |
| KBSX | FST Corp | $59M | Basic Materials | Steel | -0.42 |
| LAR | Lithium Argentina AG | $1.77B | Basic Materials | Other Industrial Metals & Mining | -0.42 |
| AMAO | American Acquisition Opportunity Inc - Class A | $118M | N/A | N/A | -0.42 |
| RIBB | Ribbon Acquisition Corp | $42M | Financial Services | Shell Companies | -0.42 |
| WWACU | Aeries Technology Inc - Units (1 Ord Class A & 1/2 War) | $41M | N/A | N/A | -0.42 |
| IBTA | Ibotta Inc - Class A | $819M | Technology | Software - Application | -0.41 |
| NC | Nacco Industries Inc - Class A | $376M | Energy | Thermal Coal | -0.40 |
| FLAC | Frazier Lifesciences Acquisition Corp - Class A | $175M | N/A | N/A | -0.40 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.40 |