Which stocks are most correlated with BDX?

Based on one year of daily returns, the stocks most correlated with Becton, Dickinson and Co. (BDX) are RSPH (0.56), IHI (0.52) and CURE (0.52). 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 BDX?

Over the past year, the stocks most inversely correlated with Becton, Dickinson and Co. (BDX) are RXD (-0.52), EMTY (-0.44) and HDGE (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.

Becton, Dickinson and Co. (BDX) — Stock Correlations & Overview

Over the past year, BDX has moved most closely with RSPH, IHI, CURE. Explore the stocks most correlated and inversely correlated with BDX below, along with its price, financials, and company profile.

Stocks correlated with BDX

Correlation of daily returns. Higher positive values move with BDX; negative values move opposite it. Informational only, not investment advice.

Most correlated with BDX

Symbol	Company	Correlation
RSPH	Invesco S&P 500 Equal Weight Health Care ETF	0.56
IHI	iShares U.S. Medical Devices ETF	0.52
CURE	Direxion Daily Healthcare Bull 3X ETF	0.52
XLV	State Street Health Care Select Sector SPDR ETF	0.52
RXL	ProShares Ultra Health Care	0.52

Most inversely correlated with BDX

Symbol	Company	Correlation
RXD	ProShares UltraShort Health Care	-0.52
EMTY	ProShares Decline of the Retail Store ETF	-0.44
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.37
SZK	ProShares UltraShort Consumer Staples	-0.37
DWSH	AdvisorShares Dorsey Wright Short ETF	-0.37

Frequently asked questions about BDX correlations

Which stocks are most correlated with BDX?: Based on one year of daily returns, the stocks most correlated with Becton, Dickinson and Co. (BDX) are RSPH (0.56), IHI (0.52) and CURE (0.52). 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 BDX?: Over the past year, the stocks most inversely correlated with Becton, Dickinson and Co. (BDX) are RXD (-0.52), EMTY (-0.44) and HDGE (-0.37). 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 BDX correlations calculated?: We compute the correlation of daily returns between BDX 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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