BNY Mellon International Equity ETF (BKIE) — Stock Correlations & Overview
Over the past year, BKIE has moved most closely with DFAI, GSIE, IDEV. Explore the stocks most correlated and inversely correlated with BKIE below, along with its price, financials, and company profile.
Stocks correlated with BKIE
Correlation of daily returns. Higher positive values move with BKIE; negative values move opposite it. Informational only, not investment advice.
Most correlated with BKIE
| Symbol | Company | Correlation |
|---|---|---|
| DFAI | Dimensional International Core Equity Market ETF | 0.98 |
| GSIE | Goldman Sachs ActiveBeta International Equity ETF | 0.97 |
| IDEV | iShares Core MSCI International Developed Markets ETF | 0.97 |
| EFA | iShares MSCI EAFE ETF | 0.97 |
| GSID | Goldman Sachs MarketBeta International Equity ETF | 0.97 |
Frequently asked questions about BKIE correlations
- Which stocks are most correlated with BKIE?
- Based on one year of daily returns, the stocks most correlated with BNY Mellon International Equity ETF (BKIE) are DFAI (0.98), GSIE (0.97) and IDEV (0.97). 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 BKIE?
- Over the past year, the stocks most inversely correlated with BNY Mellon International Equity ETF (BKIE) are EFU (-0.95), EPV (-0.94) and EFZ (-0.94). 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 BKIE correlations calculated?
- We compute the correlation of daily returns between BKIE 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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