Stocks Hurt by Wider Credit Spreads
The leveraged and the lenders — companies that need the high-yield market open, and the ones exposed if it closes.
Updated Rebuilt weeklyAbout this data
2014 stocks measured590 under accumulation1133 under distribution508 in uptrends
| # | Symbol | Company | Beta | Corr | Mkt cap | Trend | Volume |
|---|---|---|---|---|---|---|---|
| 1 | TY | Tri Continental Corporation Common Stock | -0.08 | -0.70 | $1.9B | Pullback | Distributing |
| 2 | CET | Central Securities Corporation Common Stock | -0.07 | -0.70 | $1.6B | Uptrend | Lean dist. |
| 3 | GS | Goldman Sachs | -0.16 | -0.69 | $264.1B | Pullback | Distributing |
| 4 | MS | Morgan Stanley | -0.16 | -0.69 | $299.7B | Pullback | Distributing |
| 5 | ETO | Eaton Vance Tax-Advantage Global Dividend Opp Common Stock | -0.09 | -0.69 | $498M | Pullback | Accumulating |
| 6 | SF | Stifel Financial Corporation Common Stock | -0.15 | -0.67 | $10.7B | Pullback | Accumulating |
| 7 | SYF | Synchrony Financial | -0.17 | -0.66 | $23.7B | Pullback | Accumulating |
| 8 | BAC | Bank of America | -0.15 | -0.66 | $385.5B | Pullback | Neutral |
| 9 | GAM | General American Investors, Inc. Common Stock | -0.07 | -0.65 | $1.6B | Uptrend | Lean dist. |
| 10 | OMF | OneMain Holdings, Inc. Common Stock | -0.17 | -0.65 | $6.5B | Pullback | Lean dist. |
| 11 | C | Citigroup | -0.16 | -0.64 | $222.3B | Pullback | Distributing |
| 12 | EVR | Evercore Inc. Class A Common Stock | -0.19 | -0.64 | $10.5B | Downtrend | Lean dist. |
| 13 | BNT | Brookfield Wealth Solutions Ltd. Class A Exchangeable Limited Voting Shares | -0.14 | -0.63 | $12.3B | — | Neutral |
| 14 | BN | Brookfield Corporation Class A Limited Voting Shares | -0.15 | -0.63 | $82.8B | Downtrend | Lean dist. |
| 15 | EQH | Equitable Holdings, Inc. Common Stock | -0.14 | -0.62 | $14.4B | Uptrend | Neutral |
| 16 | CRBG | Corebridge Financial Inc. Common Stock | -0.16 | -0.62 | $15.2B | Uptrend | Distributing |
| 17 | COF | Capital One | -0.16 | -0.62 | $122.2B | Pullback | Accumulating |
| 18 | USB | U.S. Bancorp | -0.14 | -0.62 | $88.9B | Pullback | Distributing |
| 19 | JHG | Janus Henderson Group plc Ordinary Shares | -0.12 | -0.62 | $8.0B | Uptrend | Lean accum. |
| 20 | OWL | Blue Owl Capital Inc. Class A Common Stock | -0.22 | -0.62 | $14.8B | Pullback | Accumulating |
| 21 | WAL | Western Alliance Bancorporation Common Stock (DE) | -0.20 | -0.62 | $8.1B | Downtrend | Distributing |
| 22 | KEY | KeyCorp | -0.16 | -0.61 | $21.6B | Downtrend | Distributing |
| 23 | STT | State Street Corporation | -0.12 | -0.61 | $48.4B | Pullback | Distributing |
| 24 | AXP | American Express | -0.13 | -0.61 | $208.1B | Downtrend | Neutral |
| 25 | NTRS | Northern Trust | -0.12 | -0.61 | $30.8B | Pullback | Distributing |
| 26 | JEF | Jefferies Financial Group Inc. Common Stock | -0.20 | -0.61 | $9.0B | Downtrend | Distributing |
| 27 | CFG | Citizens Financial Group | -0.16 | -0.61 | $26.9B | Pullback | Distributing |
| 28 | HBAN | Huntington Bancshares | -0.15 | -0.61 | $31.0B | Downtrend | Distributing |
| 29 | KKR | KKR | -0.19 | -0.61 | $81.7B | Pullback | Distributing |
| 30 | JXN | Jackson Financial Inc Class A | -0.17 | -0.61 | $9.0B | Pullback | Distributing |
| 31 | PIPR | Piper Sandler Companies | -0.17 | -0.61 | $4.4B | Downtrend | Distributing |
| 32 | BK | BNY Mellon | -0.10 | -0.60 | $97.4B | Uptrend | Accumulating |
| 33 | FNB | F.N.B. Corporation Common Stock | -0.14 | -0.60 | $6.1B | Pullback | Distributing |
| 34 | WBS | Webster Financial Corporation Common Stock | -0.16 | -0.60 | $12.6B | Uptrend | Distributing |
| 35 | HTGC | Hercules Capital, Inc. Common Stock | -0.11 | -0.60 | $3.1B | Pullback | Distributing |
| 36 | APO | Apollo Global Management | -0.19 | -0.60 | $68.3B | Pullback | Distributing |
| 37 | FULT | Fulton Financial Corp | -0.15 | -0.60 | $4.2B | Pullback | Distributing |
| 38 | UBS | UBS Group AG Registered Ordinary Shares | -0.14 | -0.60 | $157.8B | Pullback | Neutral |
| 39 | RF | Regions Financial Corporation | -0.14 | -0.60 | $23.1B | Pullback | Distributing |
| 40 | MET | MetLife | -0.12 | -0.59 | $63.3B | Uptrend | Neutral |
| 41 | BNY | The Bank of New York Mellon Corporation Common Stock | -0.10 | -0.59 | $98.0B | Pullback | Distributing |
| 42 | AUB | Atlantic Union Bankshares Corp | -0.15 | -0.59 | $5.4B | Pullback | Distributing |
| 43 | JPM | JPMorgan Chase | -0.11 | -0.59 | $892.3B | Pullback | Distributing |
| 44 | ASB | Associated Bancorp | -0.14 | -0.59 | $5.4B | Pullback | Distributing |
| 45 | TFC | Truist Financial | -0.14 | -0.59 | $57.4B | Pullback | Distributing |
| 46 | PNC | PNC Financial Services | -0.12 | -0.59 | $87.5B | Pullback | Distributing |
| 47 | TNL | Travel Leisure Co. Common Stock | -0.15 | -0.59 | $3.8B | Downtrend | Accumulating |
| 48 | ITT | ITT Inc. Common Stock | -0.13 | -0.58 | $18.0B | Pullback | Accumulating |
| 49 | WFC | Wells Fargo | -0.14 | -0.58 | $252.7B | Pullback | Accumulating |
| 50 | AEG | Aegon Ltd. New York Registry Shares | -0.12 | -0.58 | $12.4B | Pullback | Distributing |
| 51 | CTS | Cts Corp | -0.16 | -0.58 | $1.6B | Pullback | Distributing |
| 52 | PH | Parker Hannifin | -0.13 | -0.58 | $121.4B | Pullback | Lean accum. |
| 53 | OBDC | Blue Owl Capital Corporation Common Stock | -0.09 | -0.58 | $5.0B | Downtrend | Distributing |
| 54 | HWC | Hancock Whitney Corp | -0.14 | -0.58 | $5.9B | Pullback | Distributing |
| 55 | BLK | BlackRock | -0.12 | -0.58 | $167.8B | Pullback | Distributing |
| 56 | BX | Blackstone Inc. | -0.16 | -0.57 | $138.1B | Pullback | Distributing |
| 57 | UBFO | United Security Bancshares | -0.11 | -0.57 | — | — | — |
| 58 | NBHC | National Bank Holdings Corp Class | -0.12 | -0.57 | $1.7B | Pullback | Distributing |
| 59 | ARES | Ares Management Corporation | -0.17 | -0.57 | $38.5B | Pullback | Accumulating |
| 60 | TEL | TE Connectivity | -0.14 | -0.57 | $63.3B | Rally | Distributing |
| 61 | PNFP | Pinnacle Financial Partners, Inc. Common stock | -0.17 | -0.57 | $14.2B | Pullback | Accumulating |
| 62 | ABCB | Ameris Bancorp | -0.14 | -0.57 | $5.3B | Pullback | Distributing |
| 63 | FIBK | First Interstate Bancsystem Inc | -0.14 | -0.57 | $3.4B | Pullback | Distributing |
| 64 | VCTR | Victory Capital Holdings Class A I | -0.15 | -0.57 | $7.0B | Uptrend | Accumulating |
| 65 | NMR | Nomura Holdings Inc ADR American Depositary Shares | -0.14 | -0.57 | $28.0B | Pullback | Distributing |
| 66 | ADI | Analog Devices | -0.16 | -0.56 | $197.8B | Uptrend | Accumulating |
| 67 | PRU | Prudential Financial | -0.11 | -0.56 | $39.2B | Pullback | Distributing |
| 68 | RJF | Raymond James Financial | -0.12 | -0.56 | $30.4B | Pullback | Neutral |
| 69 | AMP | Ameriprise Financial | -0.12 | -0.56 | $45.0B | Pullback | Accumulating |
| 70 | BWB | Bridgewater Bancshares Inc | -0.14 | -0.56 | $565M | Pullback | Distributing |
| 71 | DOV | Dover Corporation | -0.11 | -0.56 | $25.4B | Downtrend | Distributing |
| 72 | BMO | Bank Of Montreal Common Stock | -0.09 | -0.56 | $113.9B | Pullback | Distributing |
| 73 | LPRO | Open Lending Corp | -0.38 | -0.56 | $372M | Uptrend | Distributing |
| 74 | APAM | Artisan Partners Asset Management | -0.13 | -0.56 | $2.4B | Pullback | Distributing |
| 75 | ONB | Old National Bancorp | -0.13 | -0.56 | $9.4B | Pullback | Distributing |
The high-yield spread (BAMLH0A0HYM2) is what junk-rated borrowers pay above Treasuries. It is the market's live read on credit risk, and it widens BEFORE a recession, not during one.
These companies are hurt as spreads widen — refinancing gets expensive or impossible, and credit-sensitive earnings deteriorate.
Methodology: weekly returns over the past 3 years regressed against weekly moves in the driver. Beta is the measured move per unit driver move; only relationships with |correlation| ≥ 0.25 are shown. Sensitivity is measured, not asserted — a stock appears here because its returns actually co-move with the driver, not because someone believes they should. Trend regime and the institutional volume verdict come from the daily screener pipeline.