Which stocks are most correlated with HII?

Based on one year of daily returns, the stocks most correlated with Huntington Ingalls Industries, Inc. (HII) are PPA (0.63), MISL (0.61) and SHLD (0.61). 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 HII?

Over the past year, the stocks most inversely correlated with Huntington Ingalls Industries, Inc. (HII) are SIJ (-0.42), SRTY (-0.32) and TZA (-0.32). A negative correlation means the two stocks have tended to move in opposite directions.

Huntington Ingalls Industries, Inc. (HII) — Stock Correlations & Overview

Over the past year, HII has moved most closely with PPA, MISL, SHLD. Explore the stocks most correlated and inversely correlated with HII below, along with its price, financials, and company profile.

Stocks correlated with HII

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

Most correlated with HII

Symbol	Company	Correlation
PPA	Invesco Aerospace & Defense ETF	0.63
MISL	First Trust Indxx Aerospace & Defense ETF	0.61
SHLD	Global X Defense Tech ETF	0.61
XAR	State Street SPDR S&P Aerospace & Defense ETF	0.59
IDEF	BlackRock ETF Trust iShares Defense Industrials and Tech Active ETF	0.58

Most inversely correlated with HII

Symbol	Company	Correlation
SIJ	ProShares UltraShort Industrials	-0.42
SRTY	ProShares UltraPro Short Russell2000	-0.32
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.32
TWM	ProShares UltraShort Russell2000	-0.32
DXD	ProShares UltraShort Dow 30	-0.32

Frequently asked questions about HII correlations

Which stocks are most correlated with HII?: Based on one year of daily returns, the stocks most correlated with Huntington Ingalls Industries, Inc. (HII) are PPA (0.63), MISL (0.61) and SHLD (0.61). 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 HII?: Over the past year, the stocks most inversely correlated with Huntington Ingalls Industries, Inc. (HII) are SIJ (-0.42), SRTY (-0.32) and TZA (-0.32). 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 HII correlations calculated?: We compute the correlation of daily returns between HII 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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