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21 Stocks and 79 ETFs for diversifying HYLB (XTRACKERS USD HIGH YIELD CORPORATE BOND ETF)

The least correlated asset to HYLB (XTRACKERS USD HIGH YIELD CORPORATE BOND ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9656.

Stocks that lowly correlated with HYLB

SymbolName
Market cap
SectorIndustry
Correlation
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.60
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.56
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.55
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.53
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.52
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.52
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.51
NYAXNayax Ltd$2.63BTechnologySoftware - Infrastructure-0.50
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.50
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.50
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.49
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.47
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.46
CRCLCircle Internet Group Inc - Class A$16BFinancial ServicesCapital Markets-0.46
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.46
OFSSOOFS Capital Corp$341MN/AN/A-0.45
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.45
CTWCTW Cayman - Class A$147MCommunication ServicesElectronic Gaming & Multimedia-0.45
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.45
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.44
FIGFigma Inc - Class A$12BTechnologySoftware - Application-0.43

ETFs that lowly correlated with HYLB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.97
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.86
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.85
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.84
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.84
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.83
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.83
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.83
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.82
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.82
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.82
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.82
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.81
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.81
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.81
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.80
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.80
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.80
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.80
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.80
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.79
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.78
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.77
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.77
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.76
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.75
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.74
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.72
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.72
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.72
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.71
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.71
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.70
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.70
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.69
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.69
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.69
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.69
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.68
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.68
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.67
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.67
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.67
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.65
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.64
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.64
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.63
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.62
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.62
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.60
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.59
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.59
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.59
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.58
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.57
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.57
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.56
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.55
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.54
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.54
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.53
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.52
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.52
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.52
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.52
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.52
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.51
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.51
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.50
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.50
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.50
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.50
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.47
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.47
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.47
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.45
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.45
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.44
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.43