TCW Core Plus Bond ETF (FIXT) — Stock Correlations & Overview
Over the past year, FIXT has moved most closely with SPAB, VCRB, BRTR. Explore the stocks most correlated and inversely correlated with FIXT below, along with its price, financials, and company profile.
Stocks correlated with FIXT
Correlation of daily returns. Higher positive values move with FIXT; negative values move opposite it. Informational only, not investment advice.
Most correlated with FIXT
| Symbol | Company | Correlation |
|---|---|---|
| SPAB | State Street SPDR Portfolio Aggregate Bond ETF | 0.90 |
| VCRB | Vanguard Core Bond ETF | 0.90 |
| BRTR | BlackRock ETF Trust II iShares Total Return Active ETF | 0.90 |
| JCPB | JPMorgan Core Plus Bond ETF | 0.90 |
| GCOR | Goldman Sachs Access U.S. Aggregate Bond ETF | 0.89 |
Most inversely correlated with FIXT
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.80 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.78 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.77 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.76 |
| TBX | ProShares Short 7-10 Year Treasury | -0.76 |
Frequently asked questions about FIXT correlations
- Which stocks are most correlated with FIXT?
- Based on one year of daily returns, the stocks most correlated with TCW Core Plus Bond ETF (FIXT) are SPAB (0.90), VCRB (0.90) and BRTR (0.90). 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 FIXT?
- Over the past year, the stocks most inversely correlated with TCW Core Plus Bond ETF (FIXT) are PST (-0.80), TYO (-0.78) and TMV (-0.77). 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 FIXT correlations calculated?
- We compute the correlation of daily returns between FIXT 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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