Intuitive Surgical Inc. (ISRG) — Stock Correlations & Overview
Over the past year, ISRG has moved most closely with ISUL, IHI, XHE. Explore the stocks most correlated and inversely correlated with ISRG below, along with its price, financials, and company profile.
Stocks correlated with ISRG
Correlation of daily returns. Higher positive values move with ISRG; negative values move opposite it. Informational only, not investment advice.
Most correlated with ISRG
| Symbol | Company | Correlation |
|---|---|---|
| ISUL | GraniteShares 2x Long ISRG Daily ETF | 1.00 |
| IHI | iShares U.S. Medical Devices ETF | 0.76 |
| XHE | State Street SPDR S&P Health Care Equipment ETF | 0.59 |
| LGHT | Langar Global HealthTech ETF | 0.59 |
| MDEV | First Trust Indxx Medical Devices ETF | 0.57 |
Most inversely correlated with ISRG
| Symbol | Company | Correlation |
|---|---|---|
| RXD | ProShares UltraShort Health Care | -0.41 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.41 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.39 |
| SCC | ProShares UltraShort Consumer Discretionary | -0.37 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.37 |
Frequently asked questions about ISRG correlations
- Which stocks are most correlated with ISRG?
- Based on one year of daily returns, the stocks most correlated with Intuitive Surgical Inc. (ISRG) are ISUL (1.00), IHI (0.76) and XHE (0.59). 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 ISRG?
- Over the past year, the stocks most inversely correlated with Intuitive Surgical Inc. (ISRG) are RXD (-0.41), HDGE (-0.41) and DWSH (-0.39). 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 ISRG correlations calculated?
- We compute the correlation of daily returns between ISRG 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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