Innovator Premium Income 15 Buffer ETF - July (LJUL) — Stock Correlations & Overview
Over the past year, LJUL has moved most closely with LOCT, LAPR, LJAN. Explore the stocks most correlated and inversely correlated with LJUL below, along with its price, financials, and company profile.
Stocks correlated with LJUL
Correlation of daily returns. Higher positive values move with LJUL; negative values move opposite it. Informational only, not investment advice.
Most correlated with LJUL
| Symbol | Company | Correlation |
|---|---|---|
| LOCT | Innovator Premium Income 15 Buffer ETF - October | 0.81 |
| LAPR | Innovator Premium Income 15 Buffer ETF - April | 0.69 |
| LJAN | Innovator Premium Income 15 Buffer ETF - January | 0.65 |
| UYLD | Angel Oak UltraShort Income ETF | 0.64 |
| AOHY | Angel Oak High Yield Opportunities ETF | 0.64 |
Most inversely correlated with LJUL
| Symbol | Company | Correlation |
|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.51 |
| UVXY | ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.51 |
| UVIX | 2x Long VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.51 |
| VIXY | ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.50 |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.49 |
Frequently asked questions about LJUL correlations
- Which stocks are most correlated with LJUL?
- Based on one year of daily returns, the stocks most correlated with Innovator Premium Income 15 Buffer ETF - July (LJUL) are LOCT (0.81), LAPR (0.69) and LJAN (0.65). 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 LJUL?
- Over the past year, the stocks most inversely correlated with Innovator Premium Income 15 Buffer ETF - July (LJUL) are VXX (-0.51), UVXY (-0.51) and UVIX (-0.51). 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 LJUL correlations calculated?
- We compute the correlation of daily returns between LJUL 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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