BNY Mellon Concentrated Growth ETF (BKCG) — Stock Correlations & Overview

Over the past year, BKCG has moved most closely with LRGC, NBCR, USNZ. Explore the stocks most correlated and inversely correlated with BKCG below, along with its price, financials, and company profile.

Stocks correlated with BKCG

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

Most correlated with BKCG

SymbolCompanyCorrelation
LRGCAB US Large Cap Strategic Equities ETF0.94
NBCRNeuberger Core Equity ETF0.94
USNZXtrackers Net Zero Pathway Paris Aligned US Equity ETF0.94
SPYXState Street SPDR S&P 500 Fossil Fuel Reserves Free ETF0.94
ALRGAllspring LT Large Core ETF0.94

Most inversely correlated with BKCG

SymbolCompanyCorrelation
SPXSDirexion Daily S&P 500 Bear 3x ETF-0.93
SPXUProShares UltraPro Short S&P 500-0.93
SDSProShares UltraShort S&P500-0.92
SHProShares Short S&P500-0.92
SPDNDirexion Daily S&P 500 Bear 1X ETF-0.92

Frequently asked questions about BKCG correlations

Which stocks are most correlated with BKCG?
Based on one year of daily returns, the stocks most correlated with BNY Mellon Concentrated Growth ETF (BKCG) are LRGC (0.94), NBCR (0.94) and USNZ (0.94). 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 BKCG?
Over the past year, the stocks most inversely correlated with BNY Mellon Concentrated Growth ETF (BKCG) are SPXS (-0.93), SPXU (-0.93) and SDS (-0.92). 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 BKCG correlations calculated?
We compute the correlation of daily returns between BKCG 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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