A.I.dvisor indicates that over the last year, IBHG has been closely correlated with HYG. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if IBHG jumps, then HYG could also see price increases.
Ticker / NAME | Correlation To IBHG | 1D Price Change % | ||
---|---|---|---|---|
IBHG | 100% | +0.04% | ||
HYG - IBHG | 83% Closely correlated | -0.01% | ||
USHY - IBHG | 82% Closely correlated | N/A | ||
JNK - IBHG | 82% Closely correlated | -0.05% | ||
SPHY - IBHG | 81% Closely correlated | N/A | ||
SHYG - IBHG | 81% Closely correlated | N/A | ||
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