Vanguard Long-Term Bond ETF (BLV) — Stock Correlations & Overview
Over the past year, BLV has moved most closely with ILTB, VGLT, SPTL. Explore the stocks most correlated and inversely correlated with BLV below, along with its price, financials, and company profile.
Stocks correlated with BLV
Correlation of daily returns. Higher positive values move with BLV; negative values move opposite it. Informational only, not investment advice.
Most correlated with BLV
| Symbol | Company | Correlation |
|---|---|---|
| ILTB | iShares Core 10+ Year USD Bond ETFof iShares Trust | 0.99 |
| VGLT | Vanguard Long-Term Treasury ETF | 0.98 |
| SPTL | State Street SPDR Portfolio Long Term Treasury ETF | 0.98 |
| TLH | iShares 10-20 Year Treasury Bond ETF | 0.98 |
| SCHQ | Schwab Long-Term U.S. Treasury ETF | 0.98 |
Most inversely correlated with BLV
| Symbol | Company | Correlation |
|---|---|---|
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.96 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.95 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.94 |
| TTT | ProShares UltraPro Short 20+ Year Treasury | -0.92 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.89 |
Frequently asked questions about BLV correlations
- Which stocks are most correlated with BLV?
- Based on one year of daily returns, the stocks most correlated with Vanguard Long-Term Bond ETF (BLV) are ILTB (0.99), VGLT (0.98) and SPTL (0.98). 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 BLV?
- Over the past year, the stocks most inversely correlated with Vanguard Long-Term Bond ETF (BLV) are TMV (-0.96), TBT (-0.95) and TBF (-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 BLV correlations calculated?
- We compute the correlation of daily returns between BLV 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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