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
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| VNMEU | Vendome Acquisition Corp I - Units (1 Ord Cls A & 1/2 War) | $52M | Financial Services | Shell Companies | -0.61 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.60 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.59 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.55 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.52 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.52 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.51 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.49 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.49 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.49 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.48 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.47 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.47 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.46 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.46 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.45 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.44 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.44 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.42 |
| LGPS | LogProstyle Inc | $26M | Industrials | Conglomerates | -0.42 |