Which stocks are most correlated with IAE?

Based on one year of daily returns, the stocks most correlated with VOYA ASIA PACIFIC HIGH DIVIDEND EQUITY INCOME FUND (IAE) are IHD (0.77), TSEP (0.67) and EEMA (0.67). 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 IAE?

Over the past year, the stocks most inversely correlated with VOYA ASIA PACIFIC HIGH DIVIDEND EQUITY INCOME FUND (IAE) are EUM (-0.67), EDZ (-0.66) and EEV (-0.65). A negative correlation means the two stocks have tended to move in opposite directions.

VOYA ASIA PACIFIC HIGH DIVIDEND EQUITY INCOME FUND (IAE) — Stock Correlations & Overview

Over the past year, IAE has moved most closely with IHD, TSEP, EEMA. Explore the stocks most correlated and inversely correlated with IAE below, along with its price, financials, and company profile.

Stocks correlated with IAE

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

Most correlated with IAE

Symbol	Company	Correlation
IHD	VOYA EMERGING MARKETS HIGH INCOME DIVIDEND EQUITY FUND	0.77
TSEP	FT Vest Emerging Market Buffer ETF - September	0.67
EEMA	iShares MSCI Emerging Markets Asia ETF	0.67
DFSE	Dimensional Emerging Markets Sustainability Core 1 ETF	0.67
FEMR	Fidelity Enhanced Emerging Markets ETF	0.67

Most inversely correlated with IAE

Symbol	Company	Correlation
EUM	ProShares Trust Short MSCI Emerging Markets	-0.67
EDZ	Direxion Daily MSCI Emerging Markets Bear 3X ETF	-0.66
EEV	ProShares Trust UltraShort MSCI Emerging Markets	-0.65
SQQQ	ProShares UltraPro Short QQQ	-0.57
PSQ	ProShares Short QQQ	-0.56

Frequently asked questions about IAE correlations

Which stocks are most correlated with IAE?: Based on one year of daily returns, the stocks most correlated with VOYA ASIA PACIFIC HIGH DIVIDEND EQUITY INCOME FUND (IAE) are IHD (0.77), TSEP (0.67) and EEMA (0.67). 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 IAE?: Over the past year, the stocks most inversely correlated with VOYA ASIA PACIFIC HIGH DIVIDEND EQUITY INCOME FUND (IAE) are EUM (-0.67), EDZ (-0.66) and EEV (-0.65). 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 IAE correlations calculated?: We compute the correlation of daily returns between IAE 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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