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18 Stocks and 82 ETFs for diversifying PHB (Invesco Fundamental High Yield Corporate Bond ETF)

The least correlated asset to PHB (Invesco Fundamental High Yield Corporate Bond ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9661.

Stocks that lowly correlated with PHB

SymbolName
Market cap
SectorIndustry
Correlation
PROPPrairie Operating Co. Common Stock$81MN/AN/A-0.58
FACTUFACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War)$56MFinancial ServicesShell Companies-0.57
LGPSLogProstyle Inc$16MIndustrialsConglomerates-0.57
HRYUGlobal Interactive Technologies Inc$760KN/AN/A-0.54
HMRSports Properties Acquisition Corp$73MIndustrialsMarine Shipping-0.51
NYAXNayax Ltd$3.09BTechnologySoftware - Infrastructure-0.49
BMGLBasel Medical Group Ltd$11MHealthcareMedical Care Facilities-0.46
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.45
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.44
CLIKClick Holdings Ltd$4.19MConsumer CyclicalPersonal Services-0.44
NCEWNew Century Logistics (BVI) Ltd$58MIndustrialsIntegrated Freight & Logistics-0.43
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.42
ATPCAgape ATP Corp$2.85MConsumer DefensivePackaged Foods-0.39
RIBBRRibbon Acquisition Corp Rights$277KN/AN/A-0.38
AZIAutozi Internet Technology (Global) Ltd - Class A$9.05MConsumer CyclicalAuto & Truck Dealerships-0.38
HCAIHuachen AI Parking Management Technology Holding Co. Ltd$13MIndustrialsFarm & Heavy Construction Machinery-0.37
RAYRaytech Holding Ltd$9.91MConsumer DefensiveHousehold & Personal Products-0.37
MACIUMelar Acquisition Corp I - Units (1 Ord Class A & 1 War)$197MFinancial ServicesShell Companies-0.36

ETFs that lowly correlated with PHB

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.97
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.85
EFZPROSHARES SHORT MSCI EAFE $16M0.95%Oct 23, 2007-0.85
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.83
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.81
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.47%Jun 8, 2016-0.81
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.81
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.81
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.80
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.80
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.80
MYYPROSHARES SHORT MIDCAP400 $2.70MN/AJun 19, 2006-0.80
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.80
HIBSDIREXION DAILY S&P 500(R) HIGH BETA BEAR 3X SHARES $19MN/ANov 7, 2019-0.80
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.79
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.79
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.78
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.78
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.78
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.78
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.78
SBBPROSHARES SHORT SMALLCAP600 $4.10M0.95%Jan 23, 2007-0.77
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.77
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.75
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.74
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.72
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.72
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.72
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.72
EMTYPROSHARES DECLINE OF THE RETAIL STORE ETF $2.90M0.65%Nov 14, 2017-0.71
VIXMProShares VIX Mid-Term Futures ETF$56M1.10%Jan 3, 2011-0.71
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.70
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.69
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.68
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.68
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $37MN/ADec 17, 2008-0.68
SZKPROSHARES ULTRASHORT CONSUMER STAPLES $4.70MN/AJan 30, 2007-0.67
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.67
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.67
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.67
SPXUProShares UltraPro Short S&P 500$562MN/AJun 23, 2009-0.66
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M0.98%Oct 2, 2024-0.66
SRTYProShares UltraPro Short Russell2000 -3x Shares$81MN/AFeb 9, 2010-0.64
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.64
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.63
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $307M0.90%Dec 1, 2020-0.63
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.62
MUDDIREXION DAILY MU BEAR 1X SHARES $27M0.97%Oct 9, 2024-0.62
WTIDBank of Montreal$6.60MN/AFeb 16, 2023-0.60
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.00%Jun 5, 2024-0.59
RYSEVEST 10 YEAR INTEREST RATE HEDGE ETF N/A0.94%Feb 2, 2023-0.59
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.58
DRIPDIREXION DAILY S&P OIL & GAS EXP. & PROD. BEAR 2X SHARES $117MN/AMay 28, 2015-0.56
RXDPROSHARES ULTRASHORT HEALTH CARE $4.90MN/AJan 30, 2007-0.56
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.56
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $40MN/ANov 6, 2008-0.56
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.55
TAILCAMBRIA TAIL RISK ETF $157M0.59%Apr 5, 2017-0.55
DUGProShares UltraShort Energy$18MN/AJan 30, 2007-0.53
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.53
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M0.98%Oct 9, 2024-0.51
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.51
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.51
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.50
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $33MN/AJul 16, 2009-0.50
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.50
QIDPROSHARES ULTRASHORT QQQ $279MN/AJul 11, 2006-0.50
YQQQYIELDMAXTM SHORT N100 OPTION INCOME STRATEGY ETF $14M0.99%Aug 14, 2024-0.50
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$1.10BN/ANov 24, 2008-0.49
SARKTRADR 1X SHORT INNOVATION DAILY ETF $68M0.92%Nov 5, 2021-0.48
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $321M1.40%Sep 13, 2011-0.48
ZSLProShares UltraShort Silver -2x Shares$145MN/ADec 1, 2008-0.44
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.44
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.43
ETQT-Rex 2X Inverse Ether Daily Target ETFN/AN/AOct 22, 2024-0.42
FNGDBank of Montreal$68MN/AJan 22, 2018-0.42
OILDBank of Montreal$19MN/ANov 8, 2021-0.42
UUPInvesco DB US Dollar Index Bullish Fund$352M0.75%Feb 20, 2007-0.39
NVDSTradr 1.5X Short NVDA Daily ETF$23MN/AJul 13, 2022-0.39
CTASIMPLIFY MANAGED FUTURES STRATEGY ETF $1.70B0.75%Mar 7, 2022-0.38
PLTDT-REX 2X INVERSE PLTR DAILY TARGET ETF$29M0.97%Dec 10, 2024-0.37
AAPDDIREXION DAILY AAPL BEAR 1X SHARES $16M1.00%Aug 8, 2022-0.36