Innovator Emerging Markets 10 Buffer ETF - Quarterly (EBUF) — Stock Correlations & Overview
Over the past year, EBUF has moved most closely with EJUL, TJUN, ESGE. Explore the stocks most correlated and inversely correlated with EBUF below, along with its price, financials, and company profile.
Stocks correlated with EBUF
Correlation of daily returns. Higher positive values move with EBUF; negative values move opposite it. Informational only, not investment advice.
Most correlated with EBUF
| Symbol | Company | Correlation |
|---|---|---|
| EJUL | Innovator Emerging Markets Power Buffer ETF - July | 0.92 |
| TJUN | FT Vest Emerging Markets Buffer ETF - June | 0.86 |
| ESGE | iShares, Inc. iShares ESG Aware MSCI EM ETF | 0.83 |
| EEM | iShares MSCI Emerging Markets ETF | 0.83 |
| JADE | JPMorgan Active Developing Markets Equity ETF | 0.83 |
Most inversely correlated with EBUF
| Symbol | Company | Correlation |
|---|---|---|
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.84 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.84 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.83 |
| SOXS | Direxion Daily Semiconductor Bear 3X ETF | -0.76 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | -0.75 |
Frequently asked questions about EBUF correlations
- Which stocks are most correlated with EBUF?
- Based on one year of daily returns, the stocks most correlated with Innovator Emerging Markets 10 Buffer ETF - Quarterly (EBUF) are EJUL (0.92), TJUN (0.86) and ESGE (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 EBUF?
- Over the past year, the stocks most inversely correlated with Innovator Emerging Markets 10 Buffer ETF - Quarterly (EBUF) are EEV (-0.84), EDZ (-0.84) and EUM (-0.83). 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 EBUF correlations calculated?
- We compute the correlation of daily returns between EBUF 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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