iShares Blockchain and Tech ETF (IBLC) — Stock Correlations & Overview
Over the past year, IBLC has moved most closely with DAPP, BITQ, BKCH. Explore the stocks most correlated and inversely correlated with IBLC below, along with its price, financials, and company profile.
Stocks correlated with IBLC
Correlation of daily returns. Higher positive values move with IBLC; negative values move opposite it. Informational only, not investment advice.
Most correlated with IBLC
| Symbol | Company | Correlation |
|---|---|---|
| DAPP | VanEck Digital Transformation ETF | 0.98 |
| BITQ | Bitwise Crypto Industry Innovators ETF | 0.98 |
| BKCH | Global X Blockchain ETF | 0.98 |
| FDIG | Fidelity Crypto Industry and Digital Payments ETF | 0.97 |
| STCE | Schwab Crypto Thematic Natural Language Processing ETF | 0.97 |
Most inversely correlated with IBLC
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.79 |
| BERZ | MicroSectors FANG & Innovation -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.71 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.71 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | -0.70 |
| TSXD | Direxion Daily Semiconductors Top 5 Bear 2X ETF | -0.70 |
Frequently asked questions about IBLC correlations
- Which stocks are most correlated with IBLC?
- Based on one year of daily returns, the stocks most correlated with iShares Blockchain and Tech ETF (IBLC) are DAPP (0.98), BITQ (0.98) and BKCH (0.98). 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 IBLC?
- Over the past year, the stocks most inversely correlated with iShares Blockchain and Tech ETF (IBLC) are SARK (-0.79), BERZ (-0.71) and CONI (-0.71). 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 IBLC correlations calculated?
- We compute the correlation of daily returns between IBLC 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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