Expeditors International of Washington, Inc. (EXPD) — Stock Correlations & Overview
Over the past year, EXPD has moved most closely with CHRW, LSTR, SUPL. Explore the stocks most correlated and inversely correlated with EXPD below, along with its price, financials, and company profile.
Stocks correlated with EXPD
Correlation of daily returns. Higher positive values move with EXPD; negative values move opposite it. Informational only, not investment advice.
Most correlated with EXPD
| Symbol | Company | Correlation |
|---|---|---|
| CHRW | C.H. Robinson Worldwide, Inc.ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO | 0.58 |
| LSTR | Landstar System IncTRUCKING (NO LOCAL) | 0.57 |
| SUPL | ProShares Supply Chain Logistics ETF | 0.51 |
| RXO | RXO, Inc.TRANSPORTATION SERVICES | 0.45 |
| XTN | State Street SPDR S&P Transportation ETF | 0.44 |
Frequently asked questions about EXPD correlations
- Which stocks are most correlated with EXPD?
- Based on one year of daily returns, the stocks most correlated with Expeditors International of Washington, Inc. (EXPD) are CHRW (0.58), LSTR (0.57) and SUPL (0.51). 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 EXPD?
- Over the past year, the stocks most inversely correlated with Expeditors International of Washington, Inc. (EXPD) are SBB (-0.32), SMDD (-0.31) and FAZ (-0.31). 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 EXPD correlations calculated?
- We compute the correlation of daily returns between EXPD 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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