Which stocks are most correlated with KTB?

Based on one year of daily returns, the stocks most correlated with Kontoor Brands, Inc. Common Stock (KTB) are PSCD (0.58), FXD (0.56) and RSPD (0.55). 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 KTB?

Over the past year, the stocks most inversely correlated with Kontoor Brands, Inc. Common Stock (KTB) are EMTY (-0.50), HDGE (-0.44) and SBB (-0.43). A negative correlation means the two stocks have tended to move in opposite directions.

Kontoor Brands, Inc. Common Stock (KTB) — Stock Correlations & Overview

Over the past year, KTB has moved most closely with PSCD, FXD, RSPD. Explore the stocks most correlated and inversely correlated with KTB below, along with its price, financials, and company profile.

Stocks correlated with KTB

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

Most correlated with KTB

Symbol	Company	Correlation
PSCD	Invesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE	0.58
FXD	First Trust Consumer Discretionary AlphaDEX Fund	0.56
RSPD	Invesco S&P 500 Equal Weight Consumer Discretionary ETF	0.55
FYT	First Trust Small Cap Value AlphaDEX Fund	0.53
COLM	Columbia Sportswear CoAPPAREL & OTHER FINISHD PRODS OF FABRICS & SIMILAR MATL	0.52

Most inversely correlated with KTB

Symbol	Company	Correlation
EMTY	ProShares Decline of the Retail Store ETF	-0.50
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.44
SBB	ProShares Short SmallCap600	-0.43
SDD	ProShares UltraShort SmallCap600	-0.43
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.43

Frequently asked questions about KTB correlations

Which stocks are most correlated with KTB?: Based on one year of daily returns, the stocks most correlated with Kontoor Brands, Inc. Common Stock (KTB) are PSCD (0.58), FXD (0.56) and RSPD (0.55). 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 KTB?: Over the past year, the stocks most inversely correlated with Kontoor Brands, Inc. Common Stock (KTB) are EMTY (-0.50), HDGE (-0.44) and SBB (-0.43). 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 KTB correlations calculated?: We compute the correlation of daily returns between KTB 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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