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HIX correlations (Western Asset High Income Fund II Inc.)

HIX measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
13.4%
3y weekly
Beta vs S&P 500
0.55
3y weekly
1-year return
+5.0%
price, adjusted
5-year return
-2.9%
price, adjusted
Market cap
$0.4B
latest
P/E ratio
7.6
trailing
Dividend yield
15.04%
trailing
Max drawdown
-13.8%
3y, daily closes
-6%0%+4%2025-09-052026-08-27
HIX over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with HIX

AssetCorrelation (3Y)
VLTInvesco High Income Trust II0.70
BOEBlackrock Enhanced Global Dividend Trust0.68
HYGiShares iBoxx High Yield Corporate Bond ETF0.68
EVTEaton Vance Tax Advantaged Dividend Income Fund0.67
BLWBlackrock Limited Duration Income Trust0.67

Best diversifiers for HIX

If the goal is offsetting HIX, these tracked assets have historically moved the most on their own terms.

AssetCorrelation (3Y)
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.53
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.51
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.40

HIX vs benchmarks

HIX vs SPY 0.59 HIX vs QQQ 0.50

Get HIX data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/hix.json

Correlations, diversifiers, beta and volatility for HIX, plus one endpoint per pair. API documentation.