13 Stocks and 87 ETFs for diversifying DHF (BNY Mellon High Yield Strategies Fund)
The least correlated asset to DHF (BNY Mellon High Yield Strategies Fund) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8786.
Stocks that lowly correlated with DHF
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.65 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.52 |
| EQV | EQV Ventures Acquisition Corp. | $466M | Financial Services | Shell Companies | -0.50 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.50 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.49 |
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.47 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.46 |
| MOBX | Mobix Labs Inc - Class A | $20M | Technology | Semiconductors | -0.45 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.44 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.42 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.41 |
| SAFX | XCF Global Inc | $145M | Utilities | Utilities - Renewable | -0.41 |
| ELOG | Eastern International Ltd | $9.59M | Industrials | Integrated Freight & Logistics | -0.38 |