Which stocks are most correlated with INMU?

Based on one year of daily returns, the stocks most correlated with iShares Intermediate Muni Income Active ETF (INMU) are VTEI (0.86), NYF (0.86) and VTEB (0.86). 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 INMU?

Over the past year, the stocks most inversely correlated with iShares Intermediate Muni Income Active ETF (INMU) are PST (-0.54), TBX (-0.54) and TYO (-0.53). A negative correlation means the two stocks have tended to move in opposite directions.

iShares Intermediate Muni Income Active ETF (INMU) — Stock Correlations & Overview

Over the past year, INMU has moved most closely with VTEI, NYF, VTEB. Explore the stocks most correlated and inversely correlated with INMU below, along with its price, financials, and company profile.

Stocks correlated with INMU

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

Most correlated with INMU

Symbol	Company	Correlation
VTEI	Vanguard Intermediate-Term Tax-Exempt Bond ETF	0.86
NYF	iShares New York Muni Bond ETF	0.86
VTEB	Vanguard Tax-Exempt Bond Index Fund	0.86
CMF	iShares California Muni Bond ETF	0.86
TFI	State Street SPDR Nuveen ICE Municipal Bond ETF	0.86

Most inversely correlated with INMU

Symbol	Company	Correlation
PST	ProShares Trust UltraShort Lehman 7-10 Year Treasury	-0.54
TBX	ProShares Short 7-10 Year Treasury	-0.54
TYO	Direxion Daily 7-10 Year Treasury Bear 3X ETF	-0.53
TBT	ProShares Trust UltraShort Lehman 20+ Year Treasury	-0.51
TMV	Direxion Daily 20+ Year Treasury Bear 3X ETF	-0.51

Frequently asked questions about INMU correlations

Which stocks are most correlated with INMU?: Based on one year of daily returns, the stocks most correlated with iShares Intermediate Muni Income Active ETF (INMU) are VTEI (0.86), NYF (0.86) and VTEB (0.86). 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 INMU?: Over the past year, the stocks most inversely correlated with iShares Intermediate Muni Income Active ETF (INMU) are PST (-0.54), TBX (-0.54) and TYO (-0.53). 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 INMU correlations calculated?: We compute the correlation of daily returns between INMU 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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