21 Stocks and 79 ETFs for diversifying SJNK (SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF)
The least correlated asset to SJNK (SPDR BLOOMBERG SHORT TERM HIGH YIELD BOND ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9503.
Stocks that lowly correlated with SJNK
| Symbol | Name | Market cap | Sector | Industry | Correlation |
|---|---|---|---|---|---|
| PROP | Prairie Operating Co. Common Stock | $81M | Energy | Oil & Gas E&p | -0.58 |
| TACH | Titan Acquisition Corp - Class A | $286M | Financial Services | Shell Companies | -0.52 |
| WTGUU | Wintergreen Acquisition Corp - Units (1 Ord Shs & 1 Rts) | $20M | Financial Services | Shell Companies | -0.51 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.49 |
| QSEA | Quartzsea Acquisition Corp | $87M | Financial Services | Shell Companies | -0.49 |
| TMDE | TMD Energy Ltd | $18M | Energy | Oil & Gas Midstream | -0.48 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.46 |
| CDTG | CDT Environmental Technology Investment Holdings Ltd | $3.77M | Industrials | Waste Management | -0.46 |
| LGPS | LogProstyle Inc | $16M | Industrials | Conglomerates | -0.45 |
| BMGL | Basel Medical Group Ltd | $11M | Healthcare | Medical Care Facilities | -0.44 |
| RAAQ | Real Asset Acquisition Corp - Class A | $196M | Financial Services | Shell Companies | -0.43 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.43 |
| DFSC | DEFSEC Technologies Inc Com | $8.73M | Industrials | Aerospace & Defense | -0.43 |
| CRCL | Circle Internet Group Inc - Class A | $25B | Financial Services | Capital Markets | -0.42 |
| FACTU | FACT II Acquisition Corp - Units (1 Ord Class A & 1/2 War) | $56M | Financial Services | Shell Companies | -0.40 |
| VCXA | 10X Capital Venture Acquisition Corp II - Class A | $86M | N/A | N/A | -0.40 |
| ATPC | Agape ATP Corp | $2.85M | Consumer Defensive | Packaged Foods | -0.40 |
| NYAX | Nayax Ltd | $3.09B | Technology | Software - Infrastructure | -0.40 |
| SLDE | Slide Insurance Holdings Inc | $2.20B | Financial Services | Insurance - Property & Casualty | -0.39 |
| HMR | Sports Properties Acquisition Corp | $73M | Industrials | Marine Shipping | -0.39 |
| IPCX | Inflection Point Acquisition Corp III - Class A | $261M | Financial Services | Shell Companies | -0.36 |