iShares Trust iShares Core Universal USD Bond ETF (IUSB) — Stock Correlations & Overview
Over the past year, IUSB has moved most closely with AGG, EAGG, BND. Explore the stocks most correlated and inversely correlated with IUSB below, along with its price, financials, and company profile.
Stocks correlated with IUSB
Correlation of daily returns. Higher positive values move with IUSB; negative values move opposite it. Informational only, not investment advice.
Most correlated with IUSB
| Symbol | Company | Correlation |
|---|---|---|
| AGG | iShares Core U.S. Aggregate Bond ETF | 0.99 |
| EAGG | iShares ESG Aware U.S. Aggregate Bond ETF | 0.99 |
| BND | Vanguard Total Bond Market | 0.98 |
| SCHZ | Schwab US Aggregate Bond ETF | 0.98 |
| BRTR | BlackRock ETF Trust II iShares Total Return Active ETF | 0.98 |
Most inversely correlated with IUSB
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.91 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.90 |
| TBX | ProShares Short 7-10 Year Treasury | -0.87 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.87 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.86 |
Frequently asked questions about IUSB correlations
- Which stocks are most correlated with IUSB?
- Based on one year of daily returns, the stocks most correlated with iShares Trust iShares Core Universal USD Bond ETF (IUSB) are AGG (0.99), EAGG (0.99) and BND (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 IUSB?
- Over the past year, the stocks most inversely correlated with iShares Trust iShares Core Universal USD Bond ETF (IUSB) are PST (-0.91), TYO (-0.90) and TBX (-0.87). 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 IUSB correlations calculated?
- We compute the correlation of daily returns between IUSB 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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