Which stocks are most correlated with JHS?

Based on one year of daily returns, the stocks most correlated with John Hancock Income Securities Trust Capital Stock (JHS) are JHI (0.51), PFO (0.47) and BEMB (0.47). 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 JHS?

Over the past year, the stocks most inversely correlated with John Hancock Income Securities Trust Capital Stock (JHS) are SJB (-0.43), EFZ (-0.41) and SCC (-0.39). A negative correlation means the two stocks have tended to move in opposite directions.

John Hancock Income Securities Trust Capital Stock (JHS) — Stock Correlations & Overview

Over the past year, JHS has moved most closely with JHI, PFO, BEMB. Explore the stocks most correlated and inversely correlated with JHS below, along with its price, financials, and company profile.

Stocks correlated with JHS

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

Most correlated with JHS

Symbol	Company	Correlation
JHI	John Hancock Investors Trust Capital Stock	0.51
PFO	Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated	0.47
BEMB	iShares J.P. Morgan Broad USD Emerging Markets Bond ETF	0.47
EMB	iShares J.P. Morgan USD Emerging Markets Bond ETF	0.46
JPIB	JPMorgan International Bond Opportunities ETF	0.46

Most inversely correlated with JHS

Symbol	Company	Correlation
SJB	ProShares Short High Yield	-0.43
EFZ	ProShares Trust Short MSCI EAFE	-0.41
SCC	ProShares UltraShort Consumer Discretionary	-0.39
EPV	ProShares UltraShort FTSE Europe	-0.39
SH	ProShares Short S&P500	-0.38

Frequently asked questions about JHS correlations

Which stocks are most correlated with JHS?: Based on one year of daily returns, the stocks most correlated with John Hancock Income Securities Trust Capital Stock (JHS) are JHI (0.51), PFO (0.47) and BEMB (0.47). 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 JHS?: Over the past year, the stocks most inversely correlated with John Hancock Income Securities Trust Capital Stock (JHS) are SJB (-0.43), EFZ (-0.41) and SCC (-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 JHS correlations calculated?: We compute the correlation of daily returns between JHS 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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