Which stocks are most correlated with BX?

Based on one year of daily returns, the stocks most correlated with Blackstone Inc. (BX) are GPZ (0.90), LBO (0.85) and KKR (0.83). 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 BX?

Over the past year, the stocks most inversely correlated with Blackstone Inc. (BX) are FAZ (-0.59), SKF (-0.58) and SEF (-0.57). A negative correlation means the two stocks have tended to move in opposite directions.

Blackstone Inc. (BX) — Stock Correlations & Overview

Over the past year, BX has moved most closely with GPZ, LBO, KKR. Explore the stocks most correlated and inversely correlated with BX below, along with its price, financials, and company profile.

Stocks correlated with BX

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

Most correlated with BX

Symbol	Company	Correlation
GPZ	VanEck Alternative Asset Manager ETF	0.90
LBO	WHITEWOLF Publicly Listed Private Equity ETF	0.85
KKR	KKR & Co. Inc.INVESTMENT ADVICE	0.83
ARES	Ares Management Corporation Class A Common StockINVESTMENT ADVICE	0.80
KKRpD	KKR & Co. Inc. 6.25% Series D Mandatory Convertible Preferred StockINVESTMENT ADVICE	0.79

Most inversely correlated with BX

Symbol	Company	Correlation
FAZ	Direxion Daily Financial Bear 3x ETF	-0.59
SKF	ProShares UltraShort Financials	-0.58
SEF	ProShares Short Financials	-0.57
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.57
SDOW	ProShares UltraPro Short Dow 30	-0.55

Frequently asked questions about BX correlations

Which stocks are most correlated with BX?: Based on one year of daily returns, the stocks most correlated with Blackstone Inc. (BX) are GPZ (0.90), LBO (0.85) and KKR (0.83). 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 BX?: Over the past year, the stocks most inversely correlated with Blackstone Inc. (BX) are FAZ (-0.59), SKF (-0.58) and SEF (-0.57). 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 BX correlations calculated?: We compute the correlation of daily returns between BX 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.