Which stocks are most correlated with ERIE?

Based on one year of daily returns, the stocks most correlated with Erie Indemnity Co (ERIE) are KBWP (0.62), BRO (0.62) and KIE (0.61). 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 ERIE?

Over the past year, the stocks most inversely correlated with Erie Indemnity Co (ERIE) are CHAT (-0.43), EGGQ (-0.43) and EGGY (-0.43). A negative correlation means the two stocks have tended to move in opposite directions.

Erie Indemnity Co (ERIE) — Stock Correlations & Overview

Over the past year, ERIE has moved most closely with KBWP, BRO, KIE. Explore the stocks most correlated and inversely correlated with ERIE below, along with its price, financials, and company profile.

Stocks correlated with ERIE

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

Most correlated with ERIE

Symbol	Company	Correlation
KBWP	Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE	0.62
BRO	Brown & Brown, Inc.INSURANCE AGENTS, BROKERS & SERVICE	0.62
KIE	State Street SPDR S&P Insurance ETF	0.61
AJG	Arthur J. Gallagher & Co.INSURANCE AGENTS, BROKERS & SERVICE	0.58
RLI	RLI Corp.FIRE, MARINE & CASUALTY INSURANCE	0.57

Most inversely correlated with ERIE

Symbol	Company	Correlation
CHAT	Roundhill Generative AI & Technology ETF	-0.43
EGGQ	NestYield Visionary ETF	-0.43
EGGY	NestYield Dynamic Income ETF	-0.43
BAI	iShares A.I. Innovation and Tech Active ETF	-0.42
TCAI	Tortoise AI Infrastructure ETF	-0.41

Frequently asked questions about ERIE correlations

Which stocks are most correlated with ERIE?: Based on one year of daily returns, the stocks most correlated with Erie Indemnity Co (ERIE) are KBWP (0.62), BRO (0.62) and KIE (0.61). 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 ERIE?: Over the past year, the stocks most inversely correlated with Erie Indemnity Co (ERIE) are CHAT (-0.43), EGGQ (-0.43) and EGGY (-0.43). 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 ERIE correlations calculated?: We compute the correlation of daily returns between ERIE 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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