Vanguard World Funds Extended Duration ETF (EDV) — Stock Correlations & Overview
Over the past year, EDV has moved most closely with ZROZ, GOVZ, XTWY. Explore the stocks most correlated and inversely correlated with EDV below, along with its price, financials, and company profile.
Stocks correlated with EDV
Correlation of daily returns. Higher positive values move with EDV; negative values move opposite it. Informational only, not investment advice.
Most correlated with EDV
| Symbol | Company | Correlation |
|---|---|---|
| ZROZ | PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund | 0.99 |
| GOVZ | iShares 25+ Year Treasury STRIPS Bond ETF | 0.98 |
| XTWY | BondBloxx Bloomberg Twenty Year Target Duration US Treasury ETF | 0.98 |
| IBGL | iShares iBonds Dec 2055 Term Treasury ETF | 0.98 |
| IBGK | iShares iBonds Dec 2054 Term Treasury ETF | 0.98 |
Most inversely correlated with EDV
| Symbol | Company | Correlation |
|---|---|---|
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.97 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.96 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.96 |
| TTT | ProShares UltraPro Short 20+ Year Treasury | -0.94 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.82 |
Frequently asked questions about EDV correlations
- Which stocks are most correlated with EDV?
- Based on one year of daily returns, the stocks most correlated with Vanguard World Funds Extended Duration ETF (EDV) are ZROZ (0.99), GOVZ (0.98) and XTWY (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 EDV?
- Over the past year, the stocks most inversely correlated with Vanguard World Funds Extended Duration ETF (EDV) are TMV (-0.97), TBT (-0.96) and TBF (-0.96). 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 EDV correlations calculated?
- We compute the correlation of daily returns between EDV 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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