iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) — Stock Correlations & Overview
Over the past year, IBTJ has moved most closely with IBTK, IEI, IBTL. Explore the stocks most correlated and inversely correlated with IBTJ below, along with its price, financials, and company profile.
Stocks correlated with IBTJ
Correlation of daily returns. Higher positive values move with IBTJ; negative values move opposite it. Informational only, not investment advice.
Most correlated with IBTJ
| Symbol | Company | Correlation |
|---|---|---|
| IBTK | iShares iBonds Dec 2030 Term Treasury ETF | 0.97 |
| IEI | iShares 3-7 Year Treasury Bond ETF | 0.96 |
| IBTL | iShares iBonds Dec 2031 Term Treasury ETF | 0.96 |
| XTRE | BondBloxx Bloomberg Three Year Target Duration US Treasury ETF | 0.96 |
| IBTI | iShares iBonds Dec 2028 Term Treasury ETF | 0.95 |
Most inversely correlated with IBTJ
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.80 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.79 |
| TBX | ProShares Short 7-10 Year Treasury | -0.77 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.64 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.63 |
Frequently asked questions about IBTJ correlations
- Which stocks are most correlated with IBTJ?
- Based on one year of daily returns, the stocks most correlated with iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) are IBTK (0.97), IEI (0.96) and IBTL (0.96). 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 IBTJ?
- Over the past year, the stocks most inversely correlated with iShares iBonds Dec 2029 Term Treasury ETF (IBTJ) are PST (-0.80), TYO (-0.79) and TBX (-0.77). 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 IBTJ correlations calculated?
- We compute the correlation of daily returns between IBTJ 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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