ρ +0.36beyond mkt +0.23holdout +0.33stable 88%robust
HYHG ProShares High Yield-Interest Rate Hedged ETF
- Last close
- 62.85
- 504-day return
- +10.82%
- Median $/day
- $699k
- Relationships shown
- 15
together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture
HYHG vs GHYG
Both indexed to 100 at 2026-05-11.
Moves with HYHG
Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").
ρ +0.40beyond mkt +0.20holdout +0.39stable 88%robust
ρ +0.34beyond mkt +0.17holdout +0.30stable 100%robust
ρ +0.36beyond mkt +0.11holdout +0.44stable 88%robust
ρ +0.42beyond mkt +0.10holdout +0.41stable 88%robust
Moves against HYHG
ρ -0.41beyond mkt -0.12holdout -0.33stable 100%robust
ρ -0.36beyond mkt -0.06holdout -0.29stable 88%robust
ρ -0.31beyond mkt +0.00holdout -0.27stable 88%robust
ρ -0.35beyond mkt +0.00holdout -0.34stable 75%robust
Weekly, not daily
No day-to-day relationship, but 5- or 10-day returns move together.
horizon 10dρ +0.65holdout +0.61stable 88%robust
horizon 10dρ +0.59holdout +0.61stable 62%moderate
horizon 10dρ +0.49holdout +0.46stable 75%robust
horizon 10dρ +0.46holdout +0.28stable 88%robust
horizon 10dρ +0.46holdout +0.25stable 88%robust
horizon 10dρ +0.46holdout +0.35stable 50%moderate
Changed this quarter
Biggest shifts in same-day correlation over the last 63 trading days versus the year before.
Δ +0.57recent +0.58prior +0.01beyond mkt +0.02
Δ +0.56recent +0.50prior -0.05beyond mkt -0.03
Δ +0.55recent +0.59prior +0.03beyond mkt -0.01
Δ +0.53recent +0.54prior +0.01beyond mkt +0.03
Δ +0.51recent +0.57prior +0.06beyond mkt +0.08
Δ -0.50recent -0.39prior +0.10beyond mkt +0.08