The investment seeks to provide income; a secondary objective of the fund is to limit risk during unfavorable market conditions... Show more
Category HighYieldBond
A.I.dvisor indicates that over the last year, THY has been loosely correlated with HYLB. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if THY jumps, then HYLB could also see price increases.
Ticker / NAME | Correlation To THY | 1D Price Change % | ||
---|---|---|---|---|
THY | 100% | +0.07% | ||
HYLB - THY | 56% Loosely correlated | +0.19% | ||
SJNK - THY | 11% Poorly correlated | +0.16% | ||
JNK - THY | -7% Poorly correlated | +0.19% | ||
HYG - THY | -7% Poorly correlated | +0.20% | ||
USHY - THY | -8% Poorly correlated | +0.19% | ||
More |