Blackrock, Inc. (BLK) — Stock Correlations & Overview
Over the past year, BLK has moved most closely with KCE, GABF, GPZ. Explore the stocks most correlated and inversely correlated with BLK below, along with its price, financials, and company profile.
Stocks correlated with BLK
Correlation of daily returns. Higher positive values move with BLK; negative values move opposite it. Informational only, not investment advice.
Most correlated with BLK
| Symbol | Company | Correlation |
|---|---|---|
| KCE | State Street SPDR S&P Capital Markets ETF | 0.78 |
| GABF | Gabelli Financial Services Opportunities ETF | 0.72 |
| GPZ | VanEck Alternative Asset Manager ETF | 0.71 |
| IVZ | Invesco LTDINVESTMENT ADVICE | 0.71 |
| LBO | WHITEWOLF Publicly Listed Private Equity ETF | 0.69 |
Most inversely correlated with BLK
| Symbol | Company | Correlation |
|---|---|---|
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.66 |
| SKF | ProShares UltraShort Financials | -0.66 |
| SEF | ProShares Short Financials | -0.64 |
| BNKD | MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.62 |
| SDOW | ProShares UltraPro Short Dow 30 | -0.62 |
Frequently asked questions about BLK correlations
- Which stocks are most correlated with BLK?
- Based on one year of daily returns, the stocks most correlated with Blackrock, Inc. (BLK) are KCE (0.78), GABF (0.72) and GPZ (0.71). 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 BLK?
- Over the past year, the stocks most inversely correlated with Blackrock, Inc. (BLK) are FAZ (-0.66), SKF (-0.66) and SEF (-0.64). 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 BLK correlations calculated?
- We compute the correlation of daily returns between BLK 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.