14 Stocks and 86 ETFs for diversifying HYGH (ISHARES INTEREST RATE HEDGED HIGH YIELD BOND ETF)
The least correlated asset to HYGH (ISHARES INTEREST RATE HEDGED HIGH YIELD BOND ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.8856.
Stocks that lowly correlated with HYGH
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.63 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.61 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.50 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.49 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.49 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.47 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.47 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.43 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.43 |
| DFDV | DeFi Development Corp | $127M | Financial Services | Asset Management | -0.40 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.38 |
| ATPC | Agape ATP Corp | $2.85M | Consumer Defensive | Packaged Foods | -0.38 |
| IBIO | iBio Inc | $65M | Healthcare | Biotechnology | -0.38 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.38 |