Amplify Etho Climate Leadership U.S. ETF (ETHO) — Stock Correlations & Overview
Over the past year, ETHO has moved most closely with PRFZ, ISCB, SMLF. Explore the stocks most correlated and inversely correlated with ETHO below, along with its price, financials, and company profile.
Stocks correlated with ETHO
Correlation of daily returns. Higher positive values move with ETHO; negative values move opposite it. Informational only, not investment advice.
Most correlated with ETHO
| Symbol | Company | Correlation |
|---|---|---|
| PRFZ | Invesco Exchange-Traded Fund Trust Invesco RAFI US 1500 Small-Mid ETF | 0.95 |
| ISCB | iShares Morningstar Small-Cap ETF | 0.95 |
| SMLF | iShares U.S. Small Cap Equity Factor ETF | 0.95 |
| VB | Vanguard Morningstar Small-Cap ETF | 0.95 |
| ESML | iShares ESG Aware MSCI USA Small-Cap ETF | 0.95 |
Frequently asked questions about ETHO correlations
- Which stocks are most correlated with ETHO?
- Based on one year of daily returns, the stocks most correlated with Amplify Etho Climate Leadership U.S. ETF (ETHO) are PRFZ (0.95), ISCB (0.95) and SMLF (0.95). 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 ETHO?
- Over the past year, the stocks most inversely correlated with Amplify Etho Climate Leadership U.S. ETF (ETHO) are SMDD (-0.94), SDD (-0.94) and MZZ (-0.93). 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 ETHO correlations calculated?
- We compute the correlation of daily returns between ETHO 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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