YieldMax HIMS Option Income Strategy ETF (HIYY) — Stock Correlations & Overview
Over the past year, HIYY has moved most closely with HIMS, HIMZ, ARKT. Explore the stocks most correlated and inversely correlated with HIYY below, along with its price, financials, and company profile.
Stocks correlated with HIYY
Correlation of daily returns. Higher positive values move with HIYY; negative values move opposite it. Informational only, not investment advice.
Most correlated with HIYY
| Symbol | Company | Correlation |
|---|---|---|
| HIMS | Hims & Hers Health, Inc.SERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE | 0.96 |
| HIMZ | Defiance Daily Target 2X Long HIMS ETF | 0.95 |
| ARKT | ARK DIET Q4 Buffer ETF | 0.55 |
| ARKK | ARK Innovation ETF | 0.53 |
| BUZZ | VanEck Social Sentiment ETF | 0.52 |
Most inversely correlated with HIYY
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.51 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | -0.46 |
| BTAL | AGF U.S. Market Neutral Anti-Beta Fund | -0.45 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | -0.44 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.43 |
Frequently asked questions about HIYY correlations
- Which stocks are most correlated with HIYY?
- Based on one year of daily returns, the stocks most correlated with YieldMax HIMS Option Income Strategy ETF (HIYY) are HIMS (0.96), HIMZ (0.95) and ARKT (0.55). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with HIYY?
- Over the past year, the stocks most inversely correlated with YieldMax HIMS Option Income Strategy ETF (HIYY) are SARK (-0.51), AIBD (-0.46) and BTAL (-0.45). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these HIYY correlations calculated?
- We compute the correlation of daily returns between HIYY and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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