Roundhill BRKB WeeklyPay ETF (BRKW) — Stock Correlations & Overview
Over the past year, BRKW has moved most closely with BRKU, BRK.B, BRK.A. Explore the stocks most correlated and inversely correlated with BRKW below, along with its price, financials, and company profile.
Stocks correlated with BRKW
Correlation of daily returns. Higher positive values move with BRKW; negative values move opposite it. Informational only, not investment advice.
Most correlated with BRKW
| Symbol | Company | Correlation |
|---|---|---|
| BRKU | Direxion Shares ETF Trust Direxion Daily BRKB Bull 2X ETF | 0.98 |
| BRK.B | BERKSHIRE HATHAWAY Class BFIRE, MARINE & CASUALTY INSURANCE | 0.98 |
| BRK.A | Berkshire Hathaway Inc.FIRE, MARINE & CASUALTY INSURANCE | 0.96 |
| BRKC | YieldMax BRK.B Option Income Strategy ETF | 0.89 |
| KBWP | Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE | 0.54 |
Frequently asked questions about BRKW correlations
- Which stocks are most correlated with BRKW?
- Based on one year of daily returns, the stocks most correlated with Roundhill BRKB WeeklyPay ETF (BRKW) are BRKU (0.98), BRK.B (0.98) and BRK.A (0.96). 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 BRKW?
- Over the past year, the stocks most inversely correlated with Roundhill BRKB WeeklyPay ETF (BRKW) are SEF (-0.42), SKF (-0.42) and FAZ (-0.41). 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 BRKW correlations calculated?
- We compute the correlation of daily returns between BRKW 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.