Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) — Stock Correlations & Overview
Over the past year, BSMQ has moved most closely with GSY, TBLL, BSJQ. Explore the stocks most correlated and inversely correlated with BSMQ below, along with its price, financials, and company profile.
Stocks correlated with BSMQ
Correlation of daily returns. Higher positive values move with BSMQ; negative values move opposite it. Informational only, not investment advice.
Most correlated with BSMQ
| Symbol | Company | Correlation |
|---|---|---|
| GSY | Invesco Ultra Short Duration ETF | 0.54 |
| TBLL | Invesco Short Term Treasury ETF | 0.54 |
| BSJQ | Invesco BulletShares 2026 High Yield Corporate Bond ETF | 0.50 |
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | 0.50 |
| BSCR | Invesco BulletShares 2027 Corporate Bond ETF | 0.48 |
Most inversely correlated with BSMQ
| Symbol | Company | Correlation |
|---|---|---|
| CCSB | Carbon Collective Short Duration Green Bond ETF | -0.24 |
| MBX | MBX Biosciences, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.21 |
| CNCK | Coincheck Group N.V. Ordinary Shares | -0.21 |
| PFIX | Simplify Interest Rate Hedge ETF | -0.20 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.20 |
Frequently asked questions about BSMQ correlations
- Which stocks are most correlated with BSMQ?
- Based on one year of daily returns, the stocks most correlated with Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) are GSY (0.54), TBLL (0.54) and BSJQ (0.50). 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 BSMQ?
- Over the past year, the stocks most inversely correlated with Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) are CCSB (-0.24), MBX (-0.21) and CNCK (-0.21). 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 BSMQ correlations calculated?
- We compute the correlation of daily returns between BSMQ 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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