Which stocks are most correlated with BNDC?

Based on one year of daily returns, the stocks most correlated with Northern Trust Core Bond ETF (BNDC) are CPAG (0.88), TYD (0.85) and UITB (0.85). 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 BNDC?

Over the past year, the stocks most inversely correlated with Northern Trust Core Bond ETF (BNDC) are PST (-0.85), TYO (-0.85) and TMV (-0.83). A negative correlation means the two stocks have tended to move in opposite directions.

Northern Trust Core Bond ETF (BNDC) — Stock Correlations & Overview

Over the past year, BNDC has moved most closely with CPAG, TYD, UITB. Explore the stocks most correlated and inversely correlated with BNDC below, along with its price, financials, and company profile.

Stocks correlated with BNDC

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

Most correlated with BNDC

Symbol	Company	Correlation
CPAG	F/m Compoundr U.S. Aggregate Bond ETF	0.88
TYD	Direxion Daily 7-10 Year Treasury Bull 3X ETF	0.85
UITB	Victory Portfolios II VictoryShares Core Intermediate Bond ETF	0.85
LGOV	First Trust Long Duration Opportunities ETF	0.85
IBGA	iShares iBonds Dec 2044 Term Treasury ETF	0.85

Most inversely correlated with BNDC

Symbol	Company	Correlation
PST	ProShares Trust UltraShort Lehman 7-10 Year Treasury	-0.85
TYO	Direxion Daily 7-10 Year Treasury Bear 3X ETF	-0.85
TMV	Direxion Daily 20+ Year Treasury Bear 3X ETF	-0.83
TBX	ProShares Short 7-10 Year Treasury	-0.82
TBT	ProShares Trust UltraShort Lehman 20+ Year Treasury	-0.82

Frequently asked questions about BNDC correlations

Which stocks are most correlated with BNDC?: Based on one year of daily returns, the stocks most correlated with Northern Trust Core Bond ETF (BNDC) are CPAG (0.88), TYD (0.85) and UITB (0.85). 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 BNDC?: Over the past year, the stocks most inversely correlated with Northern Trust Core Bond ETF (BNDC) are PST (-0.85), TYO (-0.85) and TMV (-0.83). 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 BNDC correlations calculated?: We compute the correlation of daily returns between BNDC 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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