Invesco LTD (IVZ) — Stock Correlations & Overview
Over the past year, IVZ has moved most closely with KCE, PFI, BLK. Explore the stocks most correlated and inversely correlated with IVZ below, along with its price, financials, and company profile.
Stocks correlated with IVZ
Correlation of daily returns. Higher positive values move with IVZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with IVZ
| Symbol | Company | Correlation |
|---|---|---|
| KCE | State Street SPDR S&P Capital Markets ETF | 0.76 |
| PFI | Invesco Exchange-Traded Fund Trust Invesco Dorsey Wright Financial Momentum ETF | 0.71 |
| BLK | Blackrock, Inc.SECURITY BROKERS, DEALERS & FLOTATION COMPANIES | 0.71 |
| GPZ | VanEck Alternative Asset Manager ETF | 0.70 |
| DFAC | Dimensional U.S. Core Equity 2 ETF | 0.69 |
Frequently asked questions about IVZ correlations
- Which stocks are most correlated with IVZ?
- Based on one year of daily returns, the stocks most correlated with Invesco LTD (IVZ) are KCE (0.76), PFI (0.71) and BLK (0.71). 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 IVZ?
- Over the past year, the stocks most inversely correlated with Invesco LTD (IVZ) are SDOW (-0.68), DXD (-0.67) and DOG (-0.66). 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 IVZ correlations calculated?
- We compute the correlation of daily returns between IVZ 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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