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21 Stocks and 79 ETFs for diversifying FLHY (FRANKLIN HIGH YIELD CORPORATE ETF)

The least correlated asset to FLHY (FRANKLIN HIGH YIELD CORPORATE ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9635.

Stocks that lowly correlated with FLHY

SymbolName
Market cap
SectorIndustry
Correlation
PXP10, Inc.$18BFinancial ServicesAsset Management-0.74
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.58
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.56
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.55
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.54
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.53
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.52
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.52
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.51
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.49
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.49
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.48
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.48
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.48
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.47
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.47
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.47
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.46
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.45
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.44
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.44

ETFs that lowly correlated with FLHY

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.96
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.87
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.86
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.85
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.85
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.85
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.84
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.84
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.84
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.83
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.83
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.83
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.82
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.82
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.81
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.81
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.81
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.81
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.80
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.80
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.80
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.79
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.77
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.77
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.76
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.76
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.75
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.73
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.73
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.73
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.72
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.72
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.72
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.71
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.71
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.71
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.69
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.68
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.68
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.68
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.68
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.68
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.67
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.64
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.64
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.63
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.61
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.60
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.60
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.60
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.60
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.59
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.59
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.58
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.58
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.57
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.56
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.56
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.56
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.55
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.55
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.55
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.54
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.54
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.52
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.52
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.52
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.51
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.51
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.50
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.49
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.49
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.49
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.48
OILDBank of Montreal$53MN/ANov 8, 2021-0.46
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.46
MUDDirexion Daily MU Bear 1X Shares$76M1.02%Oct 9, 2024-0.45
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.45
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.44