16 Stocks and 84 ETFs for diversifying IHYF (Invesco High Yield Bond Factor ETF)
The least correlated asset to IHYF (Invesco High Yield Bond Factor ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9022.
Stocks that lowly correlated with IHYF
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.66 |
| GOLD | Randgold Resources Ltd | $1.20B | Financial Services | Capital Markets | -0.64 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.63 |
| HMR | Sports Properties Acquisition Corp | $73M | Industrials | Marine Shipping | -0.61 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.52 |
| MACIU | Melar Acquisition Corp I - Units (1 Ord Class A & 1 War) | $197M | Financial Services | Shell Companies | -0.50 |
| ELPW | Elong Power Holding Ltd | $645K | Industrials | Electrical Equipment & Parts | -0.47 |
| AZI | Autozi Internet Technology (Global) Ltd - Class A | $9.05M | Consumer Cyclical | Auto & Truck Dealerships | -0.44 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.43 |
| DFDV | DeFi Development Corp | $127M | Financial Services | Asset Management | -0.41 |
| KGEI | Kolibri Global Energy Inc | $182M | Energy | Oil & Gas E&p | -0.39 |
| NCEW | New Century Logistics (BVI) Ltd | $58M | Industrials | Integrated Freight & Logistics | -0.39 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.39 |
| INM | InMed Pharmaceuticals Inc | $5.50M | Healthcare | Drug Manufacturers - Specialty & Generic | -0.39 |
| HCAI | Huachen AI Parking Management Technology Holding Co. Ltd | $13M | Industrials | Farm & Heavy Construction Machinery | -0.38 |
| RIBBR | Ribbon Acquisition Corp Rights | $277K | N/A | N/A | -0.38 |