Overview Performance Dividends Correlations

19 Stocks and 81 ETFs for diversifying FDHY (FIDELITY ENHANCED HIGH YIELD ETF)

The least correlated asset to FDHY (FIDELITY ENHANCED HIGH YIELD ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9671.

Stocks that lowly correlated with FDHY

Symbol	Name	Market cap	Sector	Industry	Correlation
PX	P10, Inc.	$18B	Financial Services	Asset Management	-0.85
WTGUU	Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)	$20M	Financial Services	Shell Companies	-0.59
TACH	Titan Acquisition Corp - Class A	$286M	Financial Services	Shell Companies	-0.54
CRCL	Circle Internet Group Inc - Class A	$25B	Financial Services	Capital Markets	-0.53
PROP	Prairie Operating Co. Common Stock	$81M	Energy	Oil & Gas E&p	-0.52
TMDE	TMD Energy Ltd	$18M	Energy	Oil & Gas Midstream	-0.51
EMA	Emera Incorporated	$16B	Utilities	Utilities - Regulated Electric	-0.50
LGPS	LogProstyle Inc	$16M	Industrials	Conglomerates	-0.49
NYAX	Nayax Ltd	$3.09B	Technology	Software - Infrastructure	-0.49
QSEA	Quartzsea Acquisition Corp	$87M	Financial Services	Shell Companies	-0.47
CRAQ	Cal Redwood Acquisition Corp	$320M	Financial Services	Shell Companies	-0.46
HRYU	Global Interactive Technologies Inc	$760K	Communication Services	Internet Content & Information	-0.45
CDTG	CDT Environmental Technology Investment Holdings Ltd	$3.77M	Industrials	Waste Management	-0.45
RAAQ	Real Asset Acquisition Corp - Class A	$196M	Financial Services	Shell Companies	-0.44
BMGL	Basel Medical Group Ltd	$11M	Healthcare	Medical Care Facilities	-0.43
DFSC	DEFSEC Technologies Inc Com	$8.73M	Industrials	Aerospace & Defense	-0.42
HMR	Sports Properties Acquisition Corp	$73M	Industrials	Marine Shipping	-0.38
IPCX	Inflection Point Acquisition Corp III - Class A	$261M	Financial Services	Shell Companies	-0.38
VCXA	10X Capital Venture Acquisition Corp II - Class A	$86M	N/A	N/A	-0.38

ETFs that lowly correlated with FDHY

Symbol	Name	AUM	Expense Ratio	Inception Date	Correlation
SJB	PROSHARES SHORT HIGH YIELD	$103M	0.95%	Mar 21, 2011	-0.97
EFU	ProShares UltraShort MSCI EAFE -2x Shares	$932K	N/A	Oct 23, 2007	-0.86
DOG	PROSHARES SHORT DOW30	$111M	0.95%	Jun 19, 2006	-0.86
EFZ	ProShares Short MSCI EAFE -1X Shares	$16M	0.95%	Oct 23, 2007	-0.86
DXD	PROSHARES ULTRASHORT DOW30	$51M	N/A	Jul 11, 2006	-0.85
SPDN	DIREXION DAILY S&P 500 (R) BEAR 1X SHARES	$220M	0.48%	Jun 8, 2016	-0.85
SH	ProShares Short S&P500 -1x Shares	$1.20B	0.89%	Jun 19, 2006	-0.85
SIJ	ProShares UltraShort Industrials -2x Shares	$6.20M	N/A	Jan 30, 2007	-0.85
SDS	ProShares UltraShort S&P500 -2x Shares	$443M	N/A	Jul 11, 2006	-0.84
EPV	ProShares UltraShort FTSE Europe -2X Shares	$14M	N/A	Jun 16, 2009	-0.84
MYY	PROSHARES SHORT MIDCAP400	$2.70M	0.95%	Jun 19, 2006	-0.82
MZZ	PROSHARES ULTRASHORT MIDCAP400	$734K	N/A	Jul 11, 2006	-0.82
SEF	ProShares Short Financials -1x Shares	$18M	0.95%	Jun 10, 2008	-0.82
SKF	ProShares UltraShort Financials -2x Shares	$16M	N/A	May 23, 2007	-0.81
TWM	ProShares UltraShort Russell2000 -2x Shares	$47M	N/A	Jan 23, 2007	-0.80
SDD	PROSHARES ULTRASHORT SMALLCAP600	$1.60M	N/A	Jan 23, 2007	-0.80
RWM	PROSHARES SHORT RUSSELL2000	$143M	0.95%	Jan 23, 2007	-0.80
REK	PROSHARES SHORT REAL ESTATE	$12M	0.95%	Mar 16, 2010	-0.80
DWSH	ADVISORSHARES DORSEY WRIGHT SHORT ETF	$9M	6.22%	Jul 10, 2018	-0.80
EWV	ProShares UltraShort MSCI Japan -2x Shares	$7.20M	N/A	Nov 6, 2007	-0.80
SBB	ProShares Short SmallCap600 -1x Shares	$4.10M	0.95%	Jan 23, 2007	-0.79
HIBS	Direxion Daily S&P 500 High Beta Bear 3X Shares	$19M	N/A	Nov 7, 2019	-0.79
SDOW	ProShares UltraPro Short Dow30 -3x Shares	$180M	N/A	Feb 9, 2010	-0.79
SRS	ProShares UltraShort Real Estate -2x Shares	$17M	N/A	Jan 30, 2007	-0.78
SCC	ProShares UltraShort Consumer Discretionary	$6.20M	N/A	Jan 30, 2007	-0.76
HDGE	ADVISORSHARES RANGER EQUITY BEAR ETF	$66M	3.62%	Jan 26, 2011	-0.74
PSQ	ProShares Short QQQ -1x Shares	$519M	0.95%	Jun 19, 2006	-0.73
TAPR	Barclays Bank PLC	$11M	0.79%	Mar 31, 2025	-0.73
EUM	ProShares Short MSCI Emerging Markets -1x Shares	$8.80M	0.95%	Oct 30, 2007	-0.73
EEV	ProShares UltraShort MSCI Emerging Markets -2x Shares	$6.10M	N/A	Oct 30, 2007	-0.72
SMN	ProShares UltraShort Materials	$3.10M	N/A	Jan 30, 2007	-0.72
TSMZ	DIREXION DAILY TSM BEAR 1X SHARES	$2.70M	1.01%	Oct 2, 2024	-0.71
EMTY	ProShares Decline of the Retail Store ETF -1x Shares	$2.90M	0.65%	Nov 14, 2017	-0.71
SZK	ProShares UltraShort Consumer Staples	$4.70M	N/A	Jan 30, 2007	-0.70
WEBS	DIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES	$10M	N/A	Nov 7, 2019	-0.69
SPXU	ProShares UltraPro Short S&P 500	$562M	N/A	Jun 23, 2009	-0.69
BNKD	Bank of Montreal	$1.40M	N/A	Feb 20, 2025	-0.69
QBER	TRUESHARES QUARTERLY BEAR HEDGE ETF	$62M	0.79%	Jun 28, 2024	-0.69
REW	ProShares UltraShort Technology -2x Shares	$3.70M	N/A	Jan 30, 2007	-0.69
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	$37M	0.89%	Jan 17, 2018	-0.68
VIXM	ProShares VIX Mid-Term Futures ETF	$56M	0.92%	Jan 3, 2011	-0.67
UVIX	2x Long VIX Futures ETF	$499M	N/A	Mar 28, 2022	-0.67
SKRE	TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF	$9.60M	N/A	Jan 3, 2024	-0.67
TNGY	TORTOISE ENERGY ETF	$600M	0.85%	Dec 27, 2010	-0.67
METD	DIREXION DAILY META BEAR 1X SHARES	$8.60M	1.02%	Jun 5, 2024	-0.67
SRTY	ProShares UltraPro Short Russell2000 -3x Shares	$81M	N/A	Feb 9, 2010	-0.66
RISR	FOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF	$228M	1.04%	Sep 30, 2021	-0.64
EDZ	DIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES	$37M	N/A	Dec 17, 2008	-0.63
WTID	Bank of Montreal	$6.60M	N/A	Feb 16, 2023	-0.62
PFIX	SIMPLIFY INTEREST RATE HEDGE ETF	$210M	0.50%	May 10, 2021	-0.62
RXD	ProShares UltraShort Health Care -2x Shares	$4.90M	N/A	Jan 30, 2007	-0.61
LABD	DIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&AMP;P BIOTECH BEAR 3X SHARES	$69M	N/A	May 28, 2015	-0.60
SMDD	ProShares UltraPro Short MidCap400 -3x Shares	$1.90M	N/A	Feb 9, 2010	-0.59
BIS	ProShares UltraShort Nasdaq Biotechnology -2x Shares	$2.50M	N/A	Apr 6, 2010	-0.58
KMLM	KRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF	$307M	0.90%	Dec 1, 2020	-0.57
USDU	WISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND	$396M	0.51%	Dec 18, 2013	-0.56
AVS	DIREXION DAILY AVGO BEAR 1X SHARES	$6.90M	1.03%	Oct 9, 2024	-0.56
TAIL	CAMBRIA TAIL RISK ETF	$157M	0.59%	Apr 5, 2017	-0.56
QID	PROSHARES ULTRASHORT QQQ	$279M	N/A	Jul 11, 2006	-0.55
QQQD	DIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES	$23M	0.50%	Mar 6, 2024	-0.54
SDP	ProShares UltraShort Utilities -2x Shares	$4.60M	N/A	Jan 30, 2007	-0.54
DRIP	DIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES	$117M	N/A	May 28, 2015	-0.53
DRV	DIREXION DAILY REAL ESTATE BEAR 3X SHARES	$33M	N/A	Jul 16, 2009	-0.53
YQQQ	YIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF	$14M	1.11%	Aug 14, 2024	-0.52
BZQ	ProShares UltraShort MSCI Brazil Capped ETF -2x Shares	$3M	N/A	Jun 16, 2009	-0.52
DUG	ProShares UltraShort Energy	$18M	N/A	Jan 30, 2007	-0.50
ERY	DIREXION DAILY ENERGY BEAR 2X SHARES	$40M	N/A	Nov 6, 2008	-0.50
MUD	Direxion Daily MU Bear 1X Shares	$27M	1.02%	Oct 9, 2024	-0.50
SARK	TRADR 1X SHORT INNOVATION DAILY ETF	$68M	0.92%	Nov 5, 2021	-0.50
AIBD	DIREXION DAILY AI AND BIG DATA BEAR 2X SHARES	$4.20M	N/A	May 15, 2024	-0.49
DIPS	YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF	$9.80M	1.05%	Jul 23, 2024	-0.45
RFIX	Simplify Downside Interest Rate Hedge Strategy ETF	$56M	0.50%	Dec 9, 2024	-0.45
UUP	Invesco DB US Dollar Index Bullish Fund	$352M	0.75%	Feb 20, 2007	-0.44
SCO	ProShares UltraShort Bloomberg Crude Oil -2x Shares	$1.10B	N/A	Nov 24, 2008	-0.44
NVDS	Tradr 1.5X Short NVDA Daily ETF	$23M	N/A	Jul 13, 2022	-0.43
FNGD	Bank of Montreal	$68M	N/A	Jan 22, 2018	-0.42
CPII	AMERICAN BEACON IONIC INFLATION PROTECTION ETF	$11M	0.70%	Jun 28, 2022	-0.42
OILD	Bank of Montreal	$19M	N/A	Nov 8, 2021	-0.41
CTA	SIMPLIFY MANAGED FUTURES STRATEGY ETF	$1.70B	0.75%	Mar 7, 2022	-0.39
ZSL	ProShares UltraShort Silver -2x Shares	$145M	N/A	Dec 1, 2008	-0.39
NFLW	ROUNDHILL NFLX WEEKLYPAY ETF	$16M	N/A	Jun 17, 2025	-0.39