Innovator Premium Income 20 Barrier ETF - July (JULH) — Stock Correlations & Overview
Over the past year, JULH has moved most closely with JULJ, OCTJ, OCTH. Explore the stocks most correlated and inversely correlated with JULH below, along with its price, financials, and company profile.
Stocks correlated with JULH
Correlation of daily returns. Higher positive values move with JULH; negative values move opposite it. Informational only, not investment advice.
Most correlated with JULH
| Symbol | Company | Correlation |
|---|---|---|
| JULJ | Innovator Premium Income 30 Barrier ETF - July | 0.94 |
| OCTJ | Innovator Premium Income 30 Barrier ETF - October | 0.83 |
| OCTH | Innovator Premium Income 20 Barrier ETF - October | 0.81 |
| JANJ | Innovator Premium Income 30 Barrier ETF - January | 0.78 |
| APRH | Innovator Premium Income 20 Barrier ETF - April | 0.77 |
Most inversely correlated with JULH
| Symbol | Company | Correlation |
|---|---|---|
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.42 |
| UVXY | ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.41 |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.41 |
| VIXY | ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.41 |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | -0.41 |
Frequently asked questions about JULH correlations
- Which stocks are most correlated with JULH?
- Based on one year of daily returns, the stocks most correlated with Innovator Premium Income 20 Barrier ETF - July (JULH) are JULJ (0.94), OCTJ (0.83) and OCTH (0.81). 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 JULH?
- Over the past year, the stocks most inversely correlated with Innovator Premium Income 20 Barrier ETF - July (JULH) are VXZ (-0.42), UVXY (-0.41) and VXX (-0.41). 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 JULH correlations calculated?
- We compute the correlation of daily returns between JULH 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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