Looking to diversify beyond HYBX? The ETFs below have the lowest correlation with HYBX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from HYBX.
Best Diversifiers for HYBX
19 ETFs have low correlation with HYBX (below 0.3), 1 of which are negatively correlated.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| TCW AAA CLO ETF | -0.05 | — | — | 99 | CLO | HYBX vs ACLO | |
| iShares iBonds 2025 Term High Yield & Income ETF | 0.05 | — | — | 98 | High Yield Bonds | HYBX vs IBHE | |
| Pacific Global Senior Loan ETF | 0.08 | — | — | 85 | High Yield Bonds | HYBX vs FLRT | |
| BondBloxx US High Yield Energy Sector ETF | 0.16 | — | — | 95 | High Yield Bonds | HYBX vs XHYE | |
| ProShares High Yield-Interest Rate Hedged | 0.16 | — | — | 52 | High Yield Bonds | HYBX vs HYHG |
See all 19 diversifiers for HYBX
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