JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) — Stock Correlations & Overview
Over the past year, BBIB has moved most closely with MLDR, XFIV, VGIT. Explore the stocks most correlated and inversely correlated with BBIB below, along with its price, financials, and company profile.
Stocks correlated with BBIB
Correlation of daily returns. Higher positive values move with BBIB; negative values move opposite it. Informational only, not investment advice.
Most correlated with BBIB
| Symbol | Company | Correlation |
|---|---|---|
| MLDR | Global X Intermediate-Term Treasury Ladder ETF | 0.98 |
| XFIV | BondBloxx Bloomberg Five Year Target Duration US Treasury ETF | 0.98 |
| VGIT | Vanguard Intermediate-Term Treasury ETF | 0.98 |
| IEI | iShares 3-7 Year Treasury Bond ETF | 0.98 |
| IBTM | iShares iBonds Dec 2032 Term Treasury ETF | 0.98 |
Most inversely correlated with BBIB
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.92 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.91 |
| TBX | ProShares Short 7-10 Year Treasury | -0.88 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.80 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.79 |
Frequently asked questions about BBIB correlations
- Which stocks are most correlated with BBIB?
- Based on one year of daily returns, the stocks most correlated with JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) are MLDR (0.98), XFIV (0.98) and VGIT (0.98). 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 BBIB?
- Over the past year, the stocks most inversely correlated with JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) are PST (-0.92), TYO (-0.91) and TBX (-0.88). 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 BBIB correlations calculated?
- We compute the correlation of daily returns between BBIB 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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