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OverviewPerformanceDividendsCorrelations
High CorrelationLow Correlation

33 Stocks and 67 ETFs for diversifying PHYD (Putnam ESG High Yield ETF)

The least correlated asset to PHYD (Putnam ESG High Yield ETF) is ETF JHDG (WISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA). The correlation is -1.

Stocks that lowly correlated with PHYD

SymbolName
Market cap
SectorIndustry
Correlation
SCMAUSeaport Calibre Materials Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$177MN/AN/A-1.00
COWNLCowen Inc$796MN/AN/A-0.97
LITTULogistics Innovation Technologies Corp - Units (1 Ord Share Class A & 1/3 War)$349MN/AN/A-0.93
JUGGUJaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$285MN/AN/A-0.90
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.85
GBRGSunCar Technology Group Inc$11MN/AN/A-0.72
ADALUAnthemis Digital Acquisitions I Corp - Units (1 Ord Class A & 1/2 War)$241MN/AN/A-0.72
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.70
VCXA10X Capital Venture Acquisition Corp II - Class A$86MN/AN/A-0.70
HPLTUHome Plate Acquisition Corp - Units (1 Ord Class A & 1/2 War)$79MN/AN/A-0.70
APMIUAxonPrime Infrastructure Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$193MN/AN/A-0.68
AHRNUAhren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$79MN/AN/A-0.68
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.67
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.64
TMDETMD Energy Ltd$18MEnergyOil & Gas Midstream-0.61
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.60
BRLIBrilliant Acquisition Corp$5.92MN/AN/A-0.60
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.55
FRBNUForbion European Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$316MN/AN/A-0.53
SPPISpectrum Pharmaceuticals Inc$208MN/AN/A-0.50
MTCRMetacrine Inc$25MN/AN/A-0.50
BRLIUBrilliant Acquisition Corp - Unit (1 Ordinary share 1 War and 1 Rts)$6.42MN/AN/A-0.49
APRNBlue Apron Holdings Inc - Class A$100MN/AN/A-0.49
CRCLCircle Internet Group Inc - Class A$25BFinancial ServicesCapital Markets-0.48
MEKAMELI Kaszek Pioneer Corp - Class A$297MN/AN/A-0.48
AACIWArmada Acquisition Corp I - Warrants (13/08/2026)$20MN/AN/A-0.48
WTGUUWintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts)$20MFinancial ServicesShell Companies-0.47
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.46
LSAKLesaka Technologies Inc$410MTechnologySoftware - Infrastructure-0.46
EONRHNR Acquisition Corp$22MEnergyOil & Gas E&p-0.45
AVACUAvalon Acquisition Inc - Units (1 Ord Share Class A & 3/4 War)$283MN/AN/A-0.45
EMAEmera Incorporated$16BUtilitiesUtilities - Regulated Electric-0.45
TACHTitan Acquisition Corp - Class A$286MFinancial ServicesShell Companies-0.45

ETFs that lowly correlated with PHYD

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
JHDGWISDOMTREE JAPAN HEDGED QUALITY DIVIDEND GROWTH FUND NA$64M0.49%Apr 7, 2026-1.00
SJBPROSHARES SHORT HIGH YIELD $103M0.95%Mar 21, 2011-0.93
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.85
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.84
DXDPROSHARES ULTRASHORT DOW30 $51MN/AJul 11, 2006-0.82
TNGYTORTOISE ENERGY ETF $600M0.85%Dec 27, 2010-0.78
REKPROSHARES SHORT REAL ESTATE $12M0.95%Mar 16, 2010-0.77
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $62M0.79%Jun 28, 2024-0.73
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.70M1.01%Oct 2, 2024-0.72
SEFProShares Short Financials -1x Shares$18M0.95%Jun 10, 2008-0.72
SRSProShares UltraShort Real Estate -2x Shares$17MN/AJan 30, 2007-0.72
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $220M0.48%Jun 8, 2016-0.71
SHProShares Short S&P500 -1x Shares$1.20B0.89%Jun 19, 2006-0.71
EFZProShares Short MSCI EAFE -1X Shares$16M0.95%Oct 23, 2007-0.70
EFUProShares UltraShort MSCI EAFE -2x Shares$932KN/AOct 23, 2007-0.70
SDSProShares UltraShort S&P500 -2x Shares$443MN/AJul 11, 2006-0.70
MYYPROSHARES SHORT MIDCAP400 $2.70M0.95%Jun 19, 2006-0.69
TWMProShares UltraShort Russell2000 -2x Shares$47MN/AJan 23, 2007-0.69
RWMPROSHARES SHORT RUSSELL2000 $143M0.95%Jan 23, 2007-0.69
SBBProShares Short SmallCap600 -1x Shares$4.10M0.95%Jan 23, 2007-0.68
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.60MN/AJan 23, 2007-0.68
SKFProShares UltraShort Financials -2x Shares$16MN/AMay 23, 2007-0.67
EPVProShares UltraShort FTSE Europe -2X Shares$14MN/AJun 16, 2009-0.66
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.66
MZZPROSHARES ULTRASHORT MIDCAP400 $734KN/AJul 11, 2006-0.66
BNKDBank of Montreal$1.40MN/AFeb 20, 2025-0.65
METDDIREXION DAILY META BEAR 1X SHARES $8.60M1.02%Jun 5, 2024-0.65
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $9.60MN/AJan 3, 2024-0.64
UVIX2x Long VIX Futures ETF$499MN/AMar 28, 2022-0.64
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $14M1.11%Aug 14, 2024-0.63
AVSDIREXION DAILY AVGO BEAR 1X SHARES $6.90M1.03%Oct 9, 2024-0.63
SIJProShares UltraShort Industrials -2x Shares$6.20MN/AJan 30, 2007-0.63
EMTYProShares Decline of the Retail Store ETF -1x Shares$2.90M0.65%Nov 14, 2017-0.62
SMNProShares UltraShort Materials$3.10MN/AJan 30, 2007-0.62
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.50MN/AApr 6, 2010-0.62
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$19MN/ANov 7, 2019-0.61
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $9M6.22%Jul 10, 2018-0.61
TBFPROSHARES SHORT 20+ YEAR TREASURY $81M0.95%Aug 18, 2009-0.60
SDOWProShares UltraPro Short Dow30 -3x Shares$180MN/AFeb 9, 2010-0.60
TBTPROSHARES ULTRASHORT 20+ YEAR TREASURY $296MN/AApr 29, 2008-0.60
TMVDIREXION DAILY 20+ YEAR TREASURY BEAR 3X SHARES $176MN/AApr 16, 2009-0.60
TTTProShares UltraPro Short 20+ Year Treasury -3x Shares$19MN/AMar 27, 2012-0.59
AIBDDIREXION DAILY AI AND BIG DATA BEAR 2X SHARES $4.20MN/AMay 15, 2024-0.59
EWVProShares UltraShort MSCI Japan -2x Shares$7.20MN/ANov 6, 2007-0.59
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $23M0.50%Mar 6, 2024-0.58
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$6.10MN/AOct 30, 2007-0.56
EUMProShares Short MSCI Emerging Markets -1x Shares$8.80M0.95%Oct 30, 2007-0.56
SCCProShares UltraShort Consumer Discretionary$6.20MN/AJan 30, 2007-0.56
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $210M0.50%May 10, 2021-0.55
PSTPROSHARES ULTRASHORT 7-10 YEAR TREASURY $11MN/AApr 29, 2008-0.55
TYODIREXION DAILY 7-10 YEAR TREASURY BEAR 3X SHARES $11MN/AApr 16, 2009-0.55
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $228M1.04%Sep 30, 2021-0.55
TBXPROSHARES SHORT 7-10 YEAR TREASURY $18M0.95%Apr 4, 2011-0.54
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.54
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $9.80M1.05%Jul 23, 2024-0.53
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.53
RXDProShares UltraShort Health Care -2x Shares$4.90MN/AJan 30, 2007-0.53
CPIIAMERICAN BEACON IONIC INFLATION PROTECTION ETF $11M0.70%Jun 28, 2022-0.52
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$37M0.89%Jan 17, 2018-0.52
SDPProShares UltraShort Utilities -2x Shares$4.60MN/AJan 30, 2007-0.51
VIXMProShares VIX Mid-Term Futures ETF$56M0.92%Jan 3, 2011-0.51
PSQProShares Short QQQ -1x Shares$519M0.95%Jun 19, 2006-0.50
MUDDirexion Daily MU Bear 1X Shares$27M1.02%Oct 9, 2024-0.50
REWProShares UltraShort Technology -2x Shares$3.70MN/AJan 30, 2007-0.49
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $396M0.51%Dec 18, 2013-0.47
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $10MN/ANov 7, 2019-0.47
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3MN/AJun 16, 2009-0.46