Invesco MSCI Sustainable Future ETF (ERTH) — Stock Correlations & Overview
Over the past year, ERTH has moved most closely with SMOG, SDG, AOA. Explore the stocks most correlated and inversely correlated with ERTH below, along with its price, financials, and company profile.
Stocks correlated with ERTH
Correlation of daily returns. Higher positive values move with ERTH; negative values move opposite it. Informational only, not investment advice.
Most correlated with ERTH
| Symbol | Company | Correlation |
|---|---|---|
| SMOG | VanEck Low Carbon Energy ETF | 0.92 |
| SDG | iShares Trust iShares MSCI Global Sustainable Development Goals ETF | 0.88 |
| AOA | iShares Core 80/20 Aggressive Allocation ETF | 0.88 |
| ITDI | iShares LifePath Target Date 2065 ETF | 0.88 |
| ITDJ | iShares LifePath Target Date 2070 ETF | 0.87 |
Frequently asked questions about ERTH correlations
- Which stocks are most correlated with ERTH?
- Based on one year of daily returns, the stocks most correlated with Invesco MSCI Sustainable Future ETF (ERTH) are SMOG (0.92), SDG (0.88) and AOA (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 ERTH?
- Over the past year, the stocks most inversely correlated with Invesco MSCI Sustainable Future ETF (ERTH) are SPXU (-0.82), SDS (-0.82) and SPXS (-0.82). 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 ERTH correlations calculated?
- We compute the correlation of daily returns between ERTH 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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