Which stocks are most correlated with EFAV?

Based on one year of daily returns, the stocks most correlated with iShares MSCI EAFE Min Vol Factor ETF (EFAV) are QLVD (0.89), HDMV (0.88) and HDEF (0.88). 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 EFAV?

Over the past year, the stocks most inversely correlated with iShares MSCI EAFE Min Vol Factor ETF (EFAV) are EPV (-0.75), EFZ (-0.70) and EFU (-0.70). A negative correlation means the two stocks have tended to move in opposite directions.

iShares MSCI EAFE Min Vol Factor ETF (EFAV) — Stock Correlations & Overview

Over the past year, EFAV has moved most closely with QLVD, HDMV, HDEF. Explore the stocks most correlated and inversely correlated with EFAV below, along with its price, financials, and company profile.

Stocks correlated with EFAV

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

Most correlated with EFAV

Symbol	Company	Correlation
QLVD	Northern Trust Developed Markets ex-US Quality Low Volatility ETF	0.89
HDMV	First Trust Horizon Managed Volatility Developed International ETF	0.88
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	0.88
SCHY	Schwab International Dividend Equity ETF	0.87
DWX	State Street SPDR S&P International Dividend ETF	0.87

Most inversely correlated with EFAV

Symbol	Company	Correlation
EPV	ProShares UltraShort FTSE Europe	-0.75
EFZ	ProShares Trust Short MSCI EAFE	-0.70
EFU	ProShares Trust UltraShort MSCI EAFE	-0.70
EWV	ProShares Trust UltraShort MSCI Japan	-0.55
SMN	ProShares UltraShort Materials	-0.54

Frequently asked questions about EFAV correlations

Which stocks are most correlated with EFAV?: Based on one year of daily returns, the stocks most correlated with iShares MSCI EAFE Min Vol Factor ETF (EFAV) are QLVD (0.89), HDMV (0.88) and HDEF (0.88). 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 EFAV?: Over the past year, the stocks most inversely correlated with iShares MSCI EAFE Min Vol Factor ETF (EFAV) are EPV (-0.75), EFZ (-0.70) and EFU (-0.70). 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 EFAV correlations calculated?: We compute the correlation of daily returns between EFAV 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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