PIMCO Ultra Short Government Active ETF (BILZ) — Stock Correlations & Overview
Over the past year, BILZ has moved most closely with GBIL, MINT, JPST. Explore the stocks most correlated and inversely correlated with BILZ below, along with its price, financials, and company profile.
Stocks correlated with BILZ
Correlation of daily returns. Higher positive values move with BILZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with BILZ
| Symbol | Company | Correlation |
|---|---|---|
| GBIL | Goldman Sachs Access Treasury 0-1 Year ETF | 0.98 |
| MINT | PIMCO Enhanced Short Maturity Active Exchange-Traded Fund | 0.97 |
| JPST | JPMorgan Ultra-Short Income ETF | 0.92 |
| GSST | Goldman Sachs Ultra Short Bond ETF | 0.92 |
| SGOV | iShares 0-3 Month Treasury Bond ETF | 0.91 |
Most inversely correlated with BILZ
| Symbol | Company | Correlation |
|---|---|---|
| FLYE | Fly-E Group, Inc. Common StockMOTOR VEHICLES & PASSENGER CAR BODIES | -0.30 |
| HYFM | Hydrofarm Holdings Group, Inc. Common StockWHOLESALE-MISCELLANEOUS NONDURABLE GOODS | -0.27 |
| GDRX | GoodRx Holdings, Inc. Class A Common StockSERVICES-COMPUTER PROCESSING & DATA PREPARATION | -0.27 |
| CYCN | Cyclerion Therapeutics, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.25 |
| GOTU | Gaotu Techedu Inc. American Depositary Shares, three of which representing two Class A Ordinary Shares | -0.25 |
Frequently asked questions about BILZ correlations
- Which stocks are most correlated with BILZ?
- Based on one year of daily returns, the stocks most correlated with PIMCO Ultra Short Government Active ETF (BILZ) are GBIL (0.98), MINT (0.97) and JPST (0.92). 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 BILZ?
- Over the past year, the stocks most inversely correlated with PIMCO Ultra Short Government Active ETF (BILZ) are FLYE (-0.30), HYFM (-0.27) and GDRX (-0.27). 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 BILZ correlations calculated?
- We compute the correlation of daily returns between BILZ 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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