Amplify Lithium & Battery Technology ETF (BATT) — Stock Correlations & Overview
Over the past year, BATT has moved most closely with PICK, COPX, ICOP. Explore the stocks most correlated and inversely correlated with BATT below, along with its price, financials, and company profile.
Stocks correlated with BATT
Correlation of daily returns. Higher positive values move with BATT; negative values move opposite it. Informational only, not investment advice.
Most correlated with BATT
| Symbol | Company | Correlation |
|---|---|---|
| PICK | iShares MSCI Global Metals & Mining Producers ETF | 0.91 |
| COPX | Global X Copper Miners ETF (NEW) | 0.89 |
| ICOP | iShares Copper and Metals Mining ETF | 0.89 |
| COPA | Themes Copper Miners ETF | 0.89 |
| KARS | KraneShares Electric Vehicles and Future Mobility Index ETF | 0.88 |
Most inversely correlated with BATT
| Symbol | Company | Correlation |
|---|---|---|
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.79 |
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.79 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.79 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | -0.74 |
| QID | ProShares UltraShort QQQ | -0.71 |
Frequently asked questions about BATT correlations
- Which stocks are most correlated with BATT?
- Based on one year of daily returns, the stocks most correlated with Amplify Lithium & Battery Technology ETF (BATT) are PICK (0.91), COPX (0.89) and ICOP (0.89). 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 BATT?
- Over the past year, the stocks most inversely correlated with Amplify Lithium & Battery Technology ETF (BATT) are EDZ (-0.79), EEV (-0.79) and EUM (-0.79). 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 BATT correlations calculated?
- We compute the correlation of daily returns between BATT 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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