Skip to main content

Want a detailed portfolio tracker?

18 Stocks and 82 ETFs for diversifying HYHG (PROSHARES HIGH YIELD-INTEREST RATE HEDGED)

The least correlated asset to HYHG (PROSHARES HIGH YIELD-INTEREST RATE HEDGED) is ETF MYY (PROSHARES SHORT MIDCAP400). The correlation is -0.8555.

Stocks that lowly correlated with HYHG

SymbolName
Market cap
SectorIndustry
Correlation
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.62
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.62
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.60
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.59
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.57
OFSSOOFS Capital Corp$341MN/AN/A-0.54
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.54
ORIQUOrigin Investment Corp I - Units (1 Ord Cls & 1/2 War)$22MFinancial ServicesShell Companies-0.52
CDTGCDT Environmental Technology Investment Holdings Ltd$3.77MIndustrialsWaste Management-0.49
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.48
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.45
INACRIndigo Acquisition Corp Right$448KN/AN/A-0.44
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.44
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.44
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.43
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.43
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.42
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.42

ETFs that lowly correlated with HYHG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.86
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.85
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.85
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.85
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.84
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.84
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.84
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.84
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.84
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.83
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.83
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.83
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.83
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.83
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.82
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.82
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.82
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.82
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.81
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.80
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.79
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.78
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.77
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.77
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.76
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.75
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.75
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.75
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.75
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.74
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.72
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.71
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.71
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.70
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.70
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.70
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.70
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.68
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.68
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.68
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.67
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.67
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.66
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.66
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.65
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.65
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.65
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.65
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.64
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.64
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.64
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.63
OILDBank of Montreal$53MN/ANov 8, 2021-0.62
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.61
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.61
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.61
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.59
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.58
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.57
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.55
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.54
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.54
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.54
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.53
CRSHYIELDMAX(R) SHORT TSLA OPTION INCOME STRATEGY ETF $16M1.05%May 1, 2024-0.53
LDRTISHARES IBONDS 1-5 YEAR TREASURY LADDER ETF $132M0.07%Nov 7, 2024-0.51
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.51
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.50
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF $22MN/AOct 18, 2023-0.49
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.48
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.48
SETHProShares Short Ether ETF$23M0.95%Nov 1, 2023-0.48
ETHDProShares UltraShort Ether ETF$86MN/AJun 6, 2024-0.47
FPASFPA SHORT DURATION GOVERNMENT ETF $9.90M0.10%Oct 31, 2024-0.47
NVDDDIREXION DAILY NVDA BEAR 1X SHARES $19M1.01%Sep 12, 2023-0.47
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.47
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.47
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.47
DVUTWEBS Defined Volatility XLU ETF$273K0.89%Jul 22, 2025-0.47
MLDRGLOBAL X INTERMEDIATE-TERM TREASURY LADDER ETF $8.80M0.12%Sep 9, 2024-0.46
FIATYIELDMAX(R) SHORT COIN OPTION INCOME STRATEGY ETF $35M1.05%Jul 9, 2024-0.45
NVDGRANITESHARES 2X SHORT NVDA DAILY ETF $61MN/AAug 21, 2023-0.43