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20 Stocks and 80 ETFs for diversifying SHYG (ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF)

The least correlated asset to SHYG (ISHARES 0-5 YEAR HIGH YIELD CORPORATE BOND ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9513.

Stocks that lowly correlated with SHYG

SymbolName
Market cap
SectorIndustry
Correlation
VNMEUVendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War)$52MFinancial ServicesShell Companies-0.61
PROPPrairie Operating Co. Common Stock$60MEnergyOil & Gas E&p-0.60
PACHPioneer Acquisition I Corp - Class A$260MFinancial ServicesShell Companies-0.59
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.55
TACHTitan Acquisition Corp - Class A$288MFinancial ServicesShell Companies-0.52
INACIndigo Acquisition Corp$118MFinancial ServicesShell Companies-0.52
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.51
GTERUGloba Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts)$53MFinancial ServicesShell Companies-0.49
SOCAUSolarius Capital Acquisition Corp Units$179MFinancial ServicesShell Companies-0.49
OFSSOOFS Capital Corp$341MN/AN/A-0.49
FIGXFIGX Capital Acquisition Corp - Class A$159MFinancial ServicesShell Companies-0.48
HRYUGlobal Interactive Technologies Inc$760KCommunication ServicesInternet Content & Information-0.47
LWACLightWave Acquisition Corp - Class A$221MFinancial ServicesShell Companies-0.47
CCIIWCohen Circle Acquisition Corp II - Warrants(01/07/2030)$3.81MN/AN/A-0.46
CRAQCal Redwood Acquisition Corp$320MFinancial ServicesShell Companies-0.46
BMGLBasel Medical Group Ltd$9.61MHealthcareMedical Care Facilities-0.45
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.44
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.44
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.42
LGPSLogProstyle Inc$26MIndustrialsConglomerates-0.42

ETFs that lowly correlated with SHYG

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.95
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.85
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.85
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.84
MYYPROSHARES SHORT MIDCAP400 $2.90M0.95%Jun 19, 2006-0.83
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.83
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.83
SIJProShares UltraShort Industrials -2x Shares$5.50MN/AJan 30, 2007-0.83
MZZPROSHARES ULTRASHORT MIDCAP400 $2.40MN/AJul 11, 2006-0.83
DWSHADVISORSHARES DORSEY WRIGHT SHORT ETF $11M6.22%Jul 10, 2018-0.83
HIBSDirexion Daily S&P 500 High Beta Bear 3X Shares$17MN/ANov 7, 2019-0.82
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.82
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.82
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.82
SDDPROSHARES ULTRASHORT SMALLCAP600 $1.20MN/AJan 23, 2007-0.82
SBBProShares Short SmallCap600 -1x Shares$3.30M0.95%Jan 23, 2007-0.82
SKFProShares UltraShort Financials -2x Shares$11MN/AMay 23, 2007-0.81
TWMProShares UltraShort Russell2000 -2x Shares$38MN/AJan 23, 2007-0.81
RWMPROSHARES SHORT RUSSELL2000 $113M0.95%Jan 23, 2007-0.81
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.80
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.79
REKPROSHARES SHORT REAL ESTATE $9.80M0.95%Mar 16, 2010-0.78
TAPRBarclays Bank PLC$11M0.79%Mar 31, 2025-0.77
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.77
HDGEADVISORSHARES RANGER EQUITY BEAR ETF $66M3.62%Jan 26, 2011-0.76
SRSProShares UltraShort Real Estate -2x Shares$16MN/AJan 30, 2007-0.75
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.75
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.75
EMTYProShares Decline of the Retail Store ETF -1x Shares$3M0.65%Nov 14, 2017-0.73
SCCProShares UltraShort Consumer Discretionary$6.80MN/AJan 30, 2007-0.73
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.73
BNKDBank of Montreal$1.10MN/AFeb 20, 2025-0.72
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.71
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.71
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.70
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.69
TSMZDIREXION DAILY TSM BEAR 1X SHARES $2.80M1.01%Oct 2, 2024-0.69
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.68
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.68
PSQProShares Short QQQ -1x Shares$601M0.95%Jun 19, 2006-0.66
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.66
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS ETF $5.20MN/AJan 3, 2024-0.66
SPXUProShares UltraPro Short S&P 500$427MN/AJun 23, 2009-0.65
SZKProShares UltraShort Consumer Staples$4.70MN/AJan 30, 2007-0.65
WEBSDIREXION DAILY DOW JONES INTERNET BEAR 3X SHARES $8.70MN/ANov 7, 2019-0.63
EDZDIREXION DAILY MSCI EMERGING MARKETS BEAR 3X SHARES $14MN/ADec 17, 2008-0.61
SMDDProShares UltraPro Short MidCap400 -3x Shares$1.90MN/AFeb 9, 2010-0.61
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$131MN/AMay 28, 2015-0.61
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.60
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.60
WTIDBank of Montreal$18MN/AFeb 16, 2023-0.60
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.60
DUGProShares UltraShort Energy$27MN/AJan 30, 2007-0.58
ERYDIREXION DAILY ENERGY BEAR 2X SHARES $49MN/ANov 6, 2008-0.58
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.57
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.57
REWProShares UltraShort Technology -2x Shares$2.80MN/AJan 30, 2007-0.57
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.56
RISRFOLIOBEYOND ALTERNATIVE INCOME AND INTEREST RATE HEDGE ETF $274M1.04%Sep 30, 2021-0.56
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.56
BZQProShares UltraShort MSCI Brazil Capped ETF -2x Shares$3.20MN/AJun 16, 2009-0.55
SARKTRADR 1X SHORT INNOVATION DAILY ETF $43M0.92%Nov 5, 2021-0.55
SCOProShares UltraShort Bloomberg Crude Oil -2x Shares$895MN/ANov 24, 2008-0.55
PFIXSIMPLIFY INTEREST RATE HEDGE ETF $176M0.50%May 10, 2021-0.54
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.54
BTALAGF U.S. MARKET NEUTRAL ANTI-BETA FUND $283M1.40%Sep 13, 2011-0.53
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.52
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.52
RXDProShares UltraShort Health Care -2x Shares$3.20MN/AJan 30, 2007-0.51
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, 2025-0.50
LABDDIREXION DAILY S&P BIOTECH BEAR 3X SHARES DIREXION DAILY S&P BIOTECH BEAR 3X SHARES$69MN/AMay 28, 2015-0.50
KMLMKRANESHARES MOUNT LUCAS MANAGED FUTURES INDEX STRATEGY ETF $298M0.90%Dec 1, 2020-0.50
OILDBank of Montreal$53MN/ANov 8, 2021-0.49
DRVDIREXION DAILY REAL ESTATE BEAR 3X SHARES $29MN/AJul 16, 2009-0.49
SDPProShares UltraShort Utilities -2x Shares$3.90MN/AJan 30, 2007-0.47
NVDSTradr 1.5X Short NVDA Daily ETF$18MN/AJul 13, 2022-0.46
BISProShares UltraShort Nasdaq Biotechnology -2x Shares$2.20MN/AApr 6, 2010-0.45
USDUWISDOMTREE BLOOMBERG U.S. DOLLAR BULLISH FUND $433M0.51%Dec 18, 2013-0.45
GXPEGLOBAL X PURECAP MSCI ENERGY ETF $1.20M0.15%Jul 22, 2025-0.44
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.42