Which stocks are most correlated with GTX?

Based on one year of daily returns, the stocks most correlated with Garrett Motion Inc. Common Stock (GTX) are WCC (0.57), GRID (0.57) and YOKE (0.56). 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 GTX?

Over the past year, the stocks most inversely correlated with Garrett Motion Inc. Common Stock (GTX) are HIBS (-0.51), MZZ (-0.50) and SMDD (-0.50). A negative correlation means the two stocks have tended to move in opposite directions.

Garrett Motion Inc. Common Stock (GTX) — Stock Correlations & Overview

Over the past year, GTX has moved most closely with WCC, GRID, YOKE. Explore the stocks most correlated and inversely correlated with GTX below, along with its price, financials, and company profile.

Stocks correlated with GTX

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

Most correlated with GTX

Symbol	Company	Correlation
WCC	Wesco International Inc.WHOLESALE-ELECTRICAL APPARATUS & EQUIPMENT, WIRING SUPPLIES	0.57
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund	0.57
YOKE	YOKE Core ETF	0.56
PRN	Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Industrials Momentum ETF	0.56
XSMO	Invesco S&P SmallCap Momentum ETF	0.56

Most inversely correlated with GTX

Symbol	Company	Correlation
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.51
MZZ	ProShares UltraShort MidCap400	-0.50
SMDD	ProShares UltraPro Short MidCap400	-0.50
MYY	ProShares Short MidCap400	-0.50
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.49

Frequently asked questions about GTX correlations

Which stocks are most correlated with GTX?: Based on one year of daily returns, the stocks most correlated with Garrett Motion Inc. Common Stock (GTX) are WCC (0.57), GRID (0.57) and YOKE (0.56). 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 GTX?: Over the past year, the stocks most inversely correlated with Garrett Motion Inc. Common Stock (GTX) are HIBS (-0.51), MZZ (-0.50) and SMDD (-0.50). 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 GTX correlations calculated?: We compute the correlation of daily returns between GTX 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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