Which stocks are most correlated with CSHP?

Based on one year of daily returns, the stocks most correlated with iShares Dynamic Short-Term Active ETF (CSHP) are TFLO (0.59), SHV (0.59) and ICSH (0.59). 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 CSHP?

Over the past year, the stocks most inversely correlated with iShares Dynamic Short-Term Active ETF (CSHP) are CCB (-0.39), FLYE (-0.33) and CNCK (-0.27). A negative correlation means the two stocks have tended to move in opposite directions.

iShares Dynamic Short-Term Active ETF (CSHP) — Stock Correlations & Overview

Over the past year, CSHP has moved most closely with TFLO, SHV, ICSH. Explore the stocks most correlated and inversely correlated with CSHP below, along with its price, financials, and company profile.

Stocks correlated with CSHP

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

Most correlated with CSHP

Symbol	Company	Correlation
TFLO	iShares Treasury Floating Rate Bond ETF	0.59
SHV	iShares Trust iShares 0-1 Year Treasury Bond ETF	0.59
ICSH	iShares Ultra Short Duration Bond Active ETF	0.59
SGOV	iShares 0-3 Month Treasury Bond ETF	0.58
SGVT	Schwab Government Money Market ETF	0.58

Most inversely correlated with CSHP

Symbol	Company	Correlation
CCB	Coastal Financial CorporationSTATE COMMERCIAL BANKS	-0.39
FLYE	Fly-E Group, Inc. Common StockMOTOR VEHICLES & PASSENGER CAR BODIES	-0.33
CNCK	Coincheck Group N.V. Ordinary Shares	-0.27
INO	Inovio Pharmaceuticals, Inc.PHARMACEUTICAL PREPARATIONS	-0.26
ALNY	Alnylam Pharmaceuticals, Inc.PHARMACEUTICAL PREPARATIONS	-0.26

Frequently asked questions about CSHP correlations

Which stocks are most correlated with CSHP?: Based on one year of daily returns, the stocks most correlated with iShares Dynamic Short-Term Active ETF (CSHP) are TFLO (0.59), SHV (0.59) and ICSH (0.59). 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 CSHP?: Over the past year, the stocks most inversely correlated with iShares Dynamic Short-Term Active ETF (CSHP) are CCB (-0.39), FLYE (-0.33) and CNCK (-0.27). 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 CSHP correlations calculated?: We compute the correlation of daily returns between CSHP 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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