16 Stocks and 84 ETFs for diversifying HYT (BlackRock Corporate High Yield Fund)
The least correlated asset to HYT (BlackRock Corporate High Yield Fund) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9042.
Stocks that lowly correlated with HYT
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.56 |
| NCEW | New Century Logistics (BVI) Ltd | $54M | Industrials | Integrated Freight & Logistics | -0.54 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.54 |
| SCAG | Scage Future | $25M | Industrials | Farm & Heavy Construction Machinery | -0.53 |
| ALMS | Alumis Inc | $3.60B | Healthcare | Biotechnology | -0.52 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.52 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.51 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.50 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.48 |
| ACFN | N/A | $45M | Technology | Scientific & Technical Instruments | -0.47 |
| RMCO | Royalty Management Holding Corporation Class A Common Stock | $35M | Financial Services | Asset Management | -0.43 |
| VINO | N/A | $1.32M | Real Estate | Real Estate - Diversified | -0.43 |
| CLIK | Click Holdings Ltd | $4.19M | Consumer Cyclical | Personal Services | -0.43 |
| AAUC | Allied Gold Corporation | $2.75B | Basic Materials | Gold | -0.43 |
| PELIR | Pelican Acquisition Corp | $2.80M | N/A | N/A | -0.42 |
| NAMI | Jinxin Technology Holding Company | $7.41M | Communication Services | Internet Content & Information | -0.40 |