2 Stock and 98 ETF FHYS (FEDERATED HERMES SHORT DURATION HIGH YIELD ETF) alternatives
The most close FHYS (FEDERATED HERMES SHORT DURATION HIGH YIELD ETF) alternative is ETF IBHL (ISHARES IBONDS 2032 TERM HIGH YIELD AND INCOME ETF). The correlation is 0.9609.
Stocks that highly correlated with FHYS
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| FTHY | First Trust High Yield Opportunities 2027 Term Fund | $500M | Financial Services | Asset Management | 0.89 |
| VYLD | J P Morgan Chase & Co Inverse VIX ShortTerm Futures ETNs due March 22 2045 | $81B | N/A | N/A | 0.88 |