HIX Western Asset High Income Fund II, Inc.

Last close: 3.49
504-day return: +5.76%
Median $/day: $1.2M
Relationships shown: 14

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

HIX vs EAD

Both indexed to 100 at 2026-05-11.

HIX EAD · range 92–105 · 2026-05-11 → 2026-11-06

Moves with HIX

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

EAD Allspring Income Opportunities Fund

ρ +0.55beyond mkt +0.37holdout +0.63stable 100%robust

BGH Barings Global Short Duration High Yield Fund

ρ +0.53beyond mkt +0.37holdout +0.63stable 100%robust

HIO Western Asset High Income Opportunity Fund, Inc.

ρ +0.51beyond mkt +0.36holdout +0.65stable 100%robust

AWF ALLIANCEBERSTEIN GLOBAL HIGH INCOME FUND, INC.

ρ +0.54beyond mkt +0.36holdout +0.69stable 100%robust

RDFI Rareview Dynamic Fixed Income ETF

ρ +0.54beyond mkt +0.33holdout +0.68stable 100%robust

WDI Western Asset Diversified Income Fund

ρ +0.47beyond mkt +0.30holdout +0.56stable 100%robust

Moves against HIX

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.35beyond mkt -0.07holdout -0.51stable 88%robust

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.30beyond mkt +0.04holdout -0.46stable 75%robust

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

SBCF Seacoast Banking Corporation of Florida Common Stock

horizon 10dρ +0.54holdout +0.51stable 75%robust

MMD NYLIM MacKay DefinedTerm Muni Opportunities Fund

horizon 10dρ +0.50holdout +0.59stable 62%moderate

MUJ BLACKROCK MUNIHOLDINGS NEW JERSEY QUALITY FUND, INC.

horizon 10dρ +0.49holdout +0.56stable 75%robust

LODI AAM SLC Low Duration Income ETF

horizon 10dρ +0.48holdout +0.68stable 50%moderate

IBMP iShares iBonds Dec 2027 Term Muni Bond ETF

horizon 10dρ +0.48holdout +0.54stable 38%moderate

RFMZ RiverNorth Flexible Municipal Income Fund II, Inc.

horizon 10dρ +0.47holdout +0.58stable 50%moderate

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

NXP NUVEEN SELECT TAX-FREE INC

Δ +0.54recent +0.71prior +0.17beyond mkt +0.12

PLGO Pelagos Insurance Capital Limited

Δ -0.53recent -0.35prior +0.18beyond mkt +0.00

NPV Nuveen Virginia Quality Municipal Income Fund

Δ +0.46recent +0.60prior +0.14beyond mkt +0.07

CCIF Carlyle Credit Income Fund Shares of Beneficial Interest

Δ +0.46recent +0.59prior +0.13beyond mkt +0.09

MMD NYLIM MacKay DefinedTerm Muni Opportunities Fund

Δ +0.43recent +0.66prior +0.22beyond mkt +0.09

NFGC New Found Gold Corp

Δ +0.43recent +0.52prior +0.09beyond mkt -0.01

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
HIO Western Asset High Income Opportunity Fund, Inc.	+0.36	+0.51	20
EAD Allspring Income Opportunities Fund	+0.37	+0.55	22
AWF ALLIANCEBERSTEIN GLOBAL HIGH INCOME FUND, INC.	+0.36	+0.54	22
BGH Barings Global Short Duration High Yield Fund	+0.37	+0.53	24