HYGH iShares Interest Rate Hedged High Yield Bond ETF

Last close: 84.56
504-day return: +12.51%
Median $/day: $3.6M
Relationships shown: 16

HYGH moves with ZUMZ, OBT and BMBL once the market is taken out; moves against VIXM, TAIL and VXX.

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

HYGH vs ZUMZ

Both indexed to 100 at 2026-05-11.

HYGH ZUMZ · range 57–109 · 2026-05-11 → 2026-11-06

Moves with HYGH

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

ZUMZ Zumiez Inc. Common Stock

ρ +0.39beyond mkt +0.09holdout +0.35stable 100%robust

OBT Orange County Bancorp, Inc. Common Stock

ρ +0.31beyond mkt +0.07holdout +0.15stable 75%moderate

BMBL Bumble Inc. Class A Common Stock

ρ +0.30beyond mkt +0.03holdout +0.19stable 88%robust

AVPT AvePoint, Inc. Class A Common Stock

ρ +0.31beyond mkt -0.03holdout +0.21stable 88%robust

MPB Mid Penn Bancorp Common Stock

ρ +0.33beyond mkt +0.02holdout +0.25stable 88%robust

AIRS AirSculpt Technologies, Inc. Common Stock

ρ +0.31beyond mkt -0.02holdout +0.33stable 100%robust

Moves against HYGH

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.51beyond mkt -0.08holdout -0.47stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.49beyond mkt -0.06holdout -0.47stable 100%robust

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

ρ -0.56beyond mkt -0.05holdout -0.57stable 100%robust

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

ρ -0.51beyond mkt +0.04holdout -0.52stable 100%robust

Weekly, not daily

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

NMFC New Mountain Finance Corporation Common Stock

horizon 10dρ +0.51holdout +0.35stable 88%robust

SAR SARATOGA INVESTMENT CORP. NEW

horizon 10dρ +0.47holdout +0.47stable 75%robust

TCPC BlackRock TCP Capital Corp. Common Stock

horizon 10dρ +0.45holdout +0.27stable 75%robust

HNVR Hanover Bancorp, Inc. Common Stock

horizon 10dρ +0.44holdout +0.37stable 75%robust

OPBK OP Bancorp Common Stock

horizon 10dρ +0.44holdout +0.25stable 75%robust

AN AutoNation, Inc.

horizon 10dρ +0.44holdout +0.23stable 62%moderate

Changed this quarter

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

FIAX Nicholas Fixed Income Alternative ETF

Δ -0.62recent -0.19prior +0.43beyond mkt +0.02

HZO MarineMax, Inc.

Δ -0.61recent -0.22prior +0.39beyond mkt -0.02

NOG Northern Oil and Gas, Inc.

Δ -0.49recent -0.32prior +0.17beyond mkt -0.01

PAYO Payoneer Global Inc. Common Stock

Δ -0.49recent -0.12prior +0.37beyond mkt +0.01

AN AutoNation, Inc.

Δ -0.48recent -0.17prior +0.31beyond mkt -0.03

CSHR CoinShares PLC Ordinary Shares

Δ +0.47recent +0.57prior +0.09beyond mkt +0.08

Hidden links

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

Symbol	beyond mkt	raw ρ	shared	isolation
HYG iShares iBoxx $ High Yield Corporate Bond ETF	+0.43	+0.65	27