Which stocks are most correlated with BRLT?

Based on one year of daily returns, the stocks most correlated with Brilliant Earth Group, Inc. Class A Common Stock (BRLT) are KNOV (0.38), KDEC (0.35) and KSEP (0.35). 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 BRLT?

Over the past year, the stocks most inversely correlated with Brilliant Earth Group, Inc. Class A Common Stock (BRLT) are SRTY (-0.31), RWM (-0.31) and TZA (-0.31). A negative correlation means the two stocks have tended to move in opposite directions.

Brilliant Earth Group, Inc. Class A Common Stock (BRLT) — Stock Correlations & Overview

Over the past year, BRLT has moved most closely with KNOV, KDEC, KSEP. Explore the stocks most correlated and inversely correlated with BRLT below, along with its price, financials, and company profile.

Stocks correlated with BRLT

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

Most correlated with BRLT

Symbol	Company	Correlation
KNOV	Innovator U.S. Small Cap Power Buffer ETF - November	0.38
KDEC	Innovator U.S. Small Cap Power Buffer ETF - December	0.35
KSEP	Innovator U.S. Small Cap Power Buffer ETF - September	0.35
MVFD	Monarch Volume Factor Dividend Tree Index ETF	0.34
KOCT	Innovator U.S. Small Cap Power Buffer ETF - October	0.34

Most inversely correlated with BRLT

Symbol	Company	Correlation
SRTY	ProShares UltraPro Short Russell2000	-0.31
RWM	ProShares Short Russell2000	-0.31
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.31
TWM	ProShares UltraShort Russell2000	-0.31
MZZ	ProShares UltraShort MidCap400	-0.31

Frequently asked questions about BRLT correlations

Which stocks are most correlated with BRLT?: Based on one year of daily returns, the stocks most correlated with Brilliant Earth Group, Inc. Class A Common Stock (BRLT) are KNOV (0.38), KDEC (0.35) and KSEP (0.35). 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 BRLT?: Over the past year, the stocks most inversely correlated with Brilliant Earth Group, Inc. Class A Common Stock (BRLT) are SRTY (-0.31), RWM (-0.31) and TZA (-0.31). 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 BRLT correlations calculated?: We compute the correlation of daily returns between BRLT 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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