Horace Mann Educators Corporation (HMN) — Stock Correlations & Overview

Over the past year, HMN has moved most closely with IAK, KIE, KBWP. Explore the stocks most correlated and inversely correlated with HMN below, along with its price, financials, and company profile.

Stocks correlated with HMN

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

Most correlated with HMN

SymbolCompanyCorrelation
IAKiShares U.S. Insurance ETF0.65
KIEState Street SPDR S&P Insurance ETF0.61
KBWPInvesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE0.61
HIGThe Hartford Insurance Group, Inc.FIRE, MARINE & CASUALTY INSURANCE0.58
THGThe Hanover Insurance Group, Inc.FIRE, MARINE & CASUALTY INSURANCE0.57

Most inversely correlated with HMN

SymbolCompanyCorrelation
SKRETuttle Capital Daily 2X Inverse Regional Banks ETF-0.40
FAZDirexion Daily Financial Bear 3x ETF-0.35
SEFProShares Short Financials-0.33
SKFProShares UltraShort Financials-0.33
CHATRoundhill Generative AI & Technology ETF-0.27

Frequently asked questions about HMN correlations

Which stocks are most correlated with HMN?
Based on one year of daily returns, the stocks most correlated with Horace Mann Educators Corporation (HMN) are IAK (0.65), KIE (0.61) and KBWP (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 HMN?
Over the past year, the stocks most inversely correlated with Horace Mann Educators Corporation (HMN) are SKRE (-0.40), FAZ (-0.35) and SEF (-0.33). 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 HMN correlations calculated?
We compute the correlation of daily returns between HMN 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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