A.I.dvisor indicates that over the last year, NHYB has been loosely correlated with SHYG. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if NHYB jumps, then SHYG could also see price increases.
| Ticker / NAME | Correlation To NHYB | 1D Price Change % | ||
|---|---|---|---|---|
| NHYB | 100% | -0.08% | ||
| SHYG - NHYB | 54% Loosely correlated | -0.15% | ||
| USHY - NHYB | 54% Loosely correlated | N/A | ||
| HYG - NHYB | 54% Loosely correlated | -0.06% | ||
| JNK - NHYB | 54% Loosely correlated | -0.09% | ||
| SPHY - NHYB | 53% Loosely correlated | N/A |