Which stocks are most correlated with CWI?

Based on one year of daily returns, the stocks most correlated with State Street SPDR MSCI ACWI ex-US ETF (CWI) are ACWX (0.98), IXUS (0.98) and VXUS (0.98). 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 CWI?

Over the past year, the stocks most inversely correlated with State Street SPDR MSCI ACWI ex-US ETF (CWI) are EFU (-0.92), EEV (-0.92) and EDZ (-0.92). A negative correlation means the two stocks have tended to move in opposite directions.

State Street SPDR MSCI ACWI ex-US ETF (CWI) — Stock Correlations & Overview

Over the past year, CWI has moved most closely with ACWX, IXUS, VXUS. Explore the stocks most correlated and inversely correlated with CWI below, along with its price, financials, and company profile.

Stocks correlated with CWI

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

Most correlated with CWI

Symbol	Company	Correlation
ACWX	iShares MSCI ACWI ex US ETF	0.98
IXUS	iShares Core MSCI Total International Stock ETF	0.98
VXUS	Vanguard Total International Stock ETF	0.98
VEU	Vanguard FTSE All-World Ex-US ETF	0.98
FINT	Frontier Asset Total International Equity ETF	0.98

Most inversely correlated with CWI

Symbol	Company	Correlation
EFU	ProShares Trust UltraShort MSCI EAFE	-0.92
EEV	ProShares Trust UltraShort MSCI Emerging Markets	-0.92
EDZ	Direxion Daily MSCI Emerging Markets Bear 3X ETF	-0.92
EUM	ProShares Trust Short MSCI Emerging Markets	-0.92
EFZ	ProShares Trust Short MSCI EAFE	-0.90

Frequently asked questions about CWI correlations

Which stocks are most correlated with CWI?: Based on one year of daily returns, the stocks most correlated with State Street SPDR MSCI ACWI ex-US ETF (CWI) are ACWX (0.98), IXUS (0.98) and VXUS (0.98). 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 CWI?: Over the past year, the stocks most inversely correlated with State Street SPDR MSCI ACWI ex-US ETF (CWI) are EFU (-0.92), EEV (-0.92) and EDZ (-0.92). 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 CWI correlations calculated?: We compute the correlation of daily returns between CWI 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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