WisdomTree Trust WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) — Stock Correlations & Overview
Over the past year, AGZD has moved most closely with USFR, SBIL, QHY. Explore the stocks most correlated and inversely correlated with AGZD below, along with its price, financials, and company profile.
Stocks correlated with AGZD
Correlation of daily returns. Higher positive values move with AGZD; negative values move opposite it. Informational only, not investment advice.
Most correlated with AGZD
| Symbol | Company | Correlation |
|---|---|---|
| USFR | WisdomTree Floating Rate Treasury Fund | 0.32 |
| SBIL | Simplify Government Money Market ETF | 0.26 |
| QHY | WisdomTree U.S. High Yield Corporate Bond Fund | 0.25 |
| SPHL | Springview Holdings Ltd Class A Ordinary Shares | 0.25 |
| ALLpB | The Allstate Corporation 5.100% Fixed-To-Floating Rate Subordinated Debentures due 2053FIRE, MARINE & CASUALTY INSURANCE | 0.24 |
Most inversely correlated with AGZD
| Symbol | Company | Correlation |
|---|---|---|
| CIX | Comp X International Inc.CUTLERY, HANDTOOLS & GENERAL HARDWARE | -0.21 |
| INDO | Indonesia Energy Corporation Limited | -0.21 |
| KDP | Keurig Dr Pepper Inc.BEVERAGES | -0.20 |
| MKC.V | McCormick & Company, Incorporated Voting CSMISCELLANEOUS FOOD PREPARATIONS & KINDRED PRODUCTS | -0.18 |
| AOMN | Angel Oak Mortgage REIT, Inc. 9.500% Senior Notes due 2029REAL ESTATE | -0.18 |
Frequently asked questions about AGZD correlations
- Which stocks are most correlated with AGZD?
- Based on one year of daily returns, the stocks most correlated with WisdomTree Trust WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) are USFR (0.32), SBIL (0.26) and QHY (0.25). 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 AGZD?
- Over the past year, the stocks most inversely correlated with WisdomTree Trust WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) are CIX (-0.21), INDO (-0.21) and KDP (-0.20). 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 AGZD correlations calculated?
- We compute the correlation of daily returns between AGZD 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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