Innovator Premium Income 20 Barrier ETF - April (APRH) — Stock Correlations & Overview
Over the past year, APRH has moved most closely with APRJ, JULJ, MSpF. Explore the stocks most correlated and inversely correlated with APRH below, along with its price, financials, and company profile.
Stocks correlated with APRH
Correlation of daily returns. Higher positive values move with APRH; negative values move opposite it. Informational only, not investment advice.
Most correlated with APRH
| Symbol | Company | Correlation |
|---|---|---|
| APRJ | Innovator Premium Income 30 Barrier ETF - April | 0.89 |
| JULJ | Innovator Premium Income 30 Barrier ETF - July | 0.83 |
| MSpF | MORGAN STANLEY SERIES FSECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.81 |
| JULH | Innovator Premium Income 20 Barrier ETF - July | 0.77 |
| OCTJ | Innovator Premium Income 30 Barrier ETF - October | 0.76 |
Most inversely correlated with APRH
| Symbol | Company | Correlation |
|---|---|---|
| TBN | Tamboran Resources CorporationCRUDE PETROLEUM & NATURAL GAS | -0.32 |
| BENFW | Beneficient WarrantFINANCE SERVICES | -0.29 |
| JEM | 707 Cayman Holdings Limited Ordinary Shares | -0.26 |
| CELZ | Creative Medical Technology Holdings, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.26 |
| INBS | Intelligent Bio Solutions Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.26 |
Frequently asked questions about APRH correlations
- Which stocks are most correlated with APRH?
- Based on one year of daily returns, the stocks most correlated with Innovator Premium Income 20 Barrier ETF - April (APRH) are APRJ (0.89), JULJ (0.83) and MSpF (0.81). 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 APRH?
- Over the past year, the stocks most inversely correlated with Innovator Premium Income 20 Barrier ETF - April (APRH) are TBN (-0.32), BENFW (-0.29) and JEM (-0.26). 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 APRH correlations calculated?
- We compute the correlation of daily returns between APRH 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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