Jackson Financial Inc. (JXN) — Stock Correlations & Overview
Over the past year, JXN has moved most closely with TFNS, FXO, VFH. Explore the stocks most correlated and inversely correlated with JXN below, along with its price, financials, and company profile.
Stocks correlated with JXN
Correlation of daily returns. Higher positive values move with JXN; negative values move opposite it. Informational only, not investment advice.
Most correlated with JXN
| Symbol | Company | Correlation |
|---|---|---|
| TFNS | T. Rowe Price Financials ETF | 0.69 |
| FXO | First Trust Financials AlphaDEX Fund | 0.69 |
| VFH | Vanguard Financials ETF | 0.68 |
| FNCL | Fidelity MSCI Financials Index ETF | 0.67 |
| IYF | iShares U.S. Financials ETF | 0.67 |
Most inversely correlated with JXN
| Symbol | Company | Correlation |
|---|---|---|
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.66 |
| SKF | ProShares UltraShort Financials | -0.66 |
| SEF | ProShares Short Financials | -0.65 |
| BNKD | MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.63 |
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.60 |
Frequently asked questions about JXN correlations
- Which stocks are most correlated with JXN?
- Based on one year of daily returns, the stocks most correlated with Jackson Financial Inc. (JXN) are TFNS (0.69), FXO (0.69) and VFH (0.68). 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 JXN?
- Over the past year, the stocks most inversely correlated with Jackson Financial Inc. (JXN) are FAZ (-0.66), SKF (-0.66) and SEF (-0.65). 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 JXN correlations calculated?
- We compute the correlation of daily returns between JXN 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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