Which stocks are most correlated with EMOP?

Based on one year of daily returns, the stocks most correlated with AB Emerging Markets Opportunities ETF (EMOP) are EEM (0.97), ESGE (0.97) and IEMG (0.96). 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 EMOP?

Over the past year, the stocks most inversely correlated with AB Emerging Markets Opportunities ETF (EMOP) are EEV (-0.96), EDZ (-0.96) and EUM (-0.96). A negative correlation means the two stocks have tended to move in opposite directions.

AB Emerging Markets Opportunities ETF (EMOP) — Stock Correlations & Overview

Over the past year, EMOP has moved most closely with EEM, ESGE, IEMG. Explore the stocks most correlated and inversely correlated with EMOP below, along with its price, financials, and company profile.

Stocks correlated with EMOP

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

Most correlated with EMOP

Symbol	Company	Correlation
EEM	iShares MSCI Emerging Markets ETF	0.97
ESGE	iShares, Inc. iShares ESG Aware MSCI EM ETF	0.97
IEMG	iShares Core MSCI Emerging Markets ETF	0.96
EDC	Direxion Daily MSCI Emerging Markets Bull 3X ETF	0.96
SEEM	SEI Select Emerging Markets Equity ETF	0.96

Most inversely correlated with EMOP

Symbol	Company	Correlation
EEV	ProShares Trust UltraShort MSCI Emerging Markets	-0.96
EDZ	Direxion Daily MSCI Emerging Markets Bear 3X ETF	-0.96
EUM	ProShares Trust Short MSCI Emerging Markets	-0.96
SOXS	Direxion Daily Semiconductor Bear 3X ETF	-0.81
TSXD	Direxion Daily Semiconductors Top 5 Bear 2X ETF	-0.80

Frequently asked questions about EMOP correlations

Which stocks are most correlated with EMOP?: Based on one year of daily returns, the stocks most correlated with AB Emerging Markets Opportunities ETF (EMOP) are EEM (0.97), ESGE (0.97) and IEMG (0.96). 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 EMOP?: Over the past year, the stocks most inversely correlated with AB Emerging Markets Opportunities ETF (EMOP) are EEV (-0.96), EDZ (-0.96) and EUM (-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 EMOP correlations calculated?: We compute the correlation of daily returns between EMOP 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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