iShares International Dividend Growth ETF (IGRO) — Stock Correlations & Overview
Over the past year, IGRO has moved most closely with VIGI, QEFA, IDEV. Explore the stocks most correlated and inversely correlated with IGRO below, along with its price, financials, and company profile.
Stocks correlated with IGRO
Correlation of daily returns. Higher positive values move with IGRO; negative values move opposite it. Informational only, not investment advice.
Most correlated with IGRO
| Symbol | Company | Correlation |
|---|---|---|
| VIGI | Vanguard International Dividend Appreciation ETF | 0.95 |
| QEFA | State Street SPDR MSCI EAFE StrategicFactors ETF | 0.94 |
| IDEV | iShares Core MSCI International Developed Markets ETF | 0.94 |
| EFA | iShares MSCI EAFE ETF | 0.94 |
| LCTD | iShares World ex U.S. Carbon Transition Readiness Aware Active ETF | 0.94 |
Frequently asked questions about IGRO correlations
- Which stocks are most correlated with IGRO?
- Based on one year of daily returns, the stocks most correlated with iShares International Dividend Growth ETF (IGRO) are VIGI (0.95), QEFA (0.94) and IDEV (0.94). 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 IGRO?
- Over the past year, the stocks most inversely correlated with iShares International Dividend Growth ETF (IGRO) are EPV (-0.92), EFU (-0.89) and EFZ (-0.88). 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 IGRO correlations calculated?
- We compute the correlation of daily returns between IGRO 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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