Amundi USD High Yield Corporate Bond ESG UCITS ETF Dist (USHY.MI) Diversifiers

ETF · Currency in EUR · Last updated Jun 5, 2026

The ETF aims to replicate the performance of the Bloomberg MSCI US Corporate High Yield SRI Sustainable index by investing in USD-denominated high yield corporate bonds with maturities of at least one year, focusing on companies adhering to ESG criteria and excluding those heavily involved in non-sustainable activities.

Looking to diversify beyond USHY.MI? The ETFs below have the lowest correlation with USHY.MI — 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 USHY.MI.

Best Diversifiers for USHY.MI

1 ETFs have low correlation with USHY.MI (below 0.3), 0 of which are negatively correlated. The least correlated is Lyxor UCITS MSCI World D-EUR (WLD.MI) (Global Equities) with a 1Y correlation of 0.27, down from 0.40 over 5 years.

Symbol	Name	Correlation 1Y	Correlation 3Y	Correlation 5Y	Risk / Return Rank	Category	Compare
WLD.MI	Lyxor UCITS MSCI World D-EUR	0.27	0.35	0.40	71	Global Equities	USHY.MI vs WLD.MI

Diversification Analysis

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