22 Stocks and 78 ETFs for diversifying SPHY (STATE STREET(R) SPDR(R) PORTFOLIO HIGH YIELD BOND ETF)
The least correlated asset to SPHY (STATE STREET(R) SPDR(R) PORTFOLIO HIGH YIELD BOND ETF) is ETF SJB (PROSHARES SHORT HIGH YIELD). The correlation is -0.9496.
Stocks that lowly correlated with SPHY
| 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 | -0.58 |
| PROP | Prairie Operating Co. Common Stock | $60M | Energy | Oil & Gas E&p | -0.56 |
| PACH | Pioneer Acquisition I Corp - Class A | $260M | Financial Services | Shell Companies | -0.55 |
| TMDE | TMD Energy Ltd | $21M | Energy | Oil & Gas Midstream | -0.53 |
| INAC | Indigo Acquisition Corp | $118M | Financial Services | Shell Companies | -0.53 |
| KCHV | Kochav Defense Acquisition Corp - Class A | $263M | Financial Services | Shell Companies | -0.52 |
| TACH | Titan Acquisition Corp - Class A | $288M | Financial Services | Shell Companies | -0.51 |
| CRE | Cre8 Enterprise Ltd Class A | $6.60M | Industrials | Specialty Business Services | -0.48 |
| NYAX | Nayax Ltd | $2.63B | Technology | Software - Infrastructure | -0.48 |
| OYSE | Oyster Enterprises II Acquisition Corp | $268M | Financial Services | Shell Companies | -0.47 |
| GTERU | Globa Terra Acquisition Corp - Units (1 Ord Class A 3/4 War & 1 Rts) | $53M | Financial Services | Shell Companies | -0.47 |
| CCIIW | Cohen Circle Acquisition Corp II - Warrants(01/07/2030) | $3.81M | N/A | N/A | -0.45 |
| CTW | CTW Cayman - Class A | $147M | Communication Services | Electronic Gaming & Multimedia | -0.45 |
| HRYU | Global Interactive Technologies Inc | $760K | Communication Services | Internet Content & Information | -0.45 |
| CRCL | Circle Internet Group Inc - Class A | $16B | Financial Services | Capital Markets | -0.45 |
| SOCAU | Solarius Capital Acquisition Corp Units | $179M | Financial Services | Shell Companies | -0.45 |
| FIGX | FIGX Capital Acquisition Corp - Class A | $159M | Financial Services | Shell Companies | -0.45 |
| OFSSO | OFS Capital Corp | $341M | N/A | N/A | -0.44 |
| CRAQ | Cal Redwood Acquisition Corp | $320M | Financial Services | Shell Companies | -0.44 |
| LWAC | LightWave Acquisition Corp - Class A | $221M | Financial Services | Shell Companies | -0.43 |
| BMGL | Basel Medical Group Ltd | $9.61M | Healthcare | Medical Care Facilities | -0.43 |
| EMA | Emera Incorporated | $16B | Utilities | Utilities - Regulated Electric | -0.43 |