Which stocks are most correlated with JANP?

Based on one year of daily returns, the stocks most correlated with PGIM S&P 500 Buffer 12 ETF - January (JANP) are MRCP (0.98), SEPP (0.97) and AUGP (0.95). 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 JANP?

Over the past year, the stocks most inversely correlated with PGIM S&P 500 Buffer 12 ETF - January (JANP) are SPXS (-0.88), SPXU (-0.88) and SDS (-0.87). A negative correlation means the two stocks have tended to move in opposite directions.

PGIM S&P 500 Buffer 12 ETF - January (JANP) — Stock Correlations & Overview

Over the past year, JANP has moved most closely with MRCP, SEPP, AUGP. Explore the stocks most correlated and inversely correlated with JANP below, along with its price, financials, and company profile.

Stocks correlated with JANP

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

Most correlated with JANP

Symbol	Company	Correlation
MRCP	PGIM S&P 500 Buffer 12 ETF - March	0.98
SEPP	PGIM S&P 500 Buffer 12 ETF - September	0.97
AUGP	PGIM S&P 500 Buffer 12 ETF - August	0.95
OCTP	PGIM S&P 500 Buffer 12 ETF - October	0.95
NOVP	PGIM S&P 500 Buffer 12 ETF - November	0.95

Most inversely correlated with JANP

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.88
SPXU	ProShares UltraPro Short S&P 500	-0.88
SDS	ProShares UltraShort S&P500	-0.87
SH	ProShares Short S&P500	-0.87
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.87

Frequently asked questions about JANP correlations

Which stocks are most correlated with JANP?: Based on one year of daily returns, the stocks most correlated with PGIM S&P 500 Buffer 12 ETF - January (JANP) are MRCP (0.98), SEPP (0.97) and AUGP (0.95). 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 JANP?: Over the past year, the stocks most inversely correlated with PGIM S&P 500 Buffer 12 ETF - January (JANP) are SPXS (-0.88), SPXU (-0.88) and SDS (-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 JANP correlations calculated?: We compute the correlation of daily returns between JANP 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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