Which stocks are most correlated with BIBL?

Based on one year of daily returns, the stocks most correlated with Inspire 100 ETF (BIBL) are ROE (0.91), XOEF (0.91) and MADE (0.91). 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 BIBL?

Over the past year, the stocks most inversely correlated with Inspire 100 ETF (BIBL) are HIBS (-0.89), SMDD (-0.86) and MZZ (-0.86). A negative correlation means the two stocks have tended to move in opposite directions.

Inspire 100 ETF (BIBL) — Stock Correlations & Overview

Over the past year, BIBL has moved most closely with ROE, XOEF, MADE. Explore the stocks most correlated and inversely correlated with BIBL below, along with its price, financials, and company profile.

Stocks correlated with BIBL

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

Most correlated with BIBL

Symbol	Company	Correlation
ROE	EA Series Trust Astoria US Equal Weight Quality Kings ETF	0.91
XOEF	iShares S&P 500 ex S&P 100 ETF	0.91
MADE	iShares U.S. Manufacturing ETF	0.91
PJFM	PGIM Jennison Focused Mid-Cap ETF	0.91
FEX	First Trust Large Cap Core AlphaDEX Fund	0.91

Most inversely correlated with BIBL

Symbol	Company	Correlation
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.89
SMDD	ProShares UltraPro Short MidCap400	-0.86
MZZ	ProShares UltraShort MidCap400	-0.86
MYY	ProShares Short MidCap400	-0.86
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.83

Frequently asked questions about BIBL correlations

Which stocks are most correlated with BIBL?: Based on one year of daily returns, the stocks most correlated with Inspire 100 ETF (BIBL) are ROE (0.91), XOEF (0.91) and MADE (0.91). 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 BIBL?: Over the past year, the stocks most inversely correlated with Inspire 100 ETF (BIBL) are HIBS (-0.89), SMDD (-0.86) and MZZ (-0.86). 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 BIBL correlations calculated?: We compute the correlation of daily returns between BIBL 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.