CME Group Inc. (CME) — Stock Correlations & Overview
Over the past year, CME has moved most closely with CBOE, ICE, TW. Explore the stocks most correlated and inversely correlated with CME below, along with its price, financials, and company profile.
Stocks correlated with CME
Correlation of daily returns. Higher positive values move with CME; negative values move opposite it. Informational only, not investment advice.
Most correlated with CME
| Symbol | Company | Correlation |
|---|---|---|
| CBOE | Cboe Global Markets, Inc.SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES | 0.60 |
| ICE | Intercontinental Exchange Inc.SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES | 0.47 |
| TW | Tradeweb Markets Inc. Class A Common StockSECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES | 0.47 |
| CCOR | Core Alternative Capital | 0.37 |
| MUD | Direxion Shares ETF Trust Direxion Daily MU Bear 1X ETF | 0.36 |
Most inversely correlated with CME
| Symbol | Company | Correlation |
|---|---|---|
| MU | Micron Technology, Inc.SEMICONDUCTORS & RELATED DEVICES | -0.36 |
| AMAT | Applied Materials IncSEMICONDUCTORS & RELATED DEVICES | -0.36 |
| MULL | GraniteShares 2x Long MU Daily ETF | -0.35 |
| MUU | Direxion Shares ETF Trust Direxion Daily MU Bull 2X ETF | -0.35 |
| CHPX | Global X AI Semiconductor & Quantum ETF | -0.35 |
Frequently asked questions about CME correlations
- Which stocks are most correlated with CME?
- Based on one year of daily returns, the stocks most correlated with CME Group Inc. (CME) are CBOE (0.60), ICE (0.47) and TW (0.47). 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 CME?
- Over the past year, the stocks most inversely correlated with CME Group Inc. (CME) are MU (-0.36), AMAT (-0.36) and MULL (-0.35). 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 CME correlations calculated?
- We compute the correlation of daily returns between CME 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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