iShares Inflation Hedged Corporate Bond ETF (LQDI) — Stock Correlations & Overview
Over the past year, LQDI has moved most closely with RTRE, LKOR, BSCZ. Explore the stocks most correlated and inversely correlated with LQDI below, along with its price, financials, and company profile.
Stocks correlated with LQDI
Correlation of daily returns. Higher positive values move with LQDI; negative values move opposite it. Informational only, not investment advice.
Most correlated with LQDI
| Symbol | Company | Correlation |
|---|---|---|
| RTRE | Rareview Total Return Bond ETF | 0.68 |
| LKOR | Northern Trust Credit-Scored US Long Corporate Bond ETF | 0.67 |
| BSCZ | Invesco BulletShares 2035 Corporate Bond ETF | 0.67 |
| IGLB | iShares 10+ Year Investment Grade Corporate Bond ETF | 0.67 |
| KORP | American Century Diversified Corporate Bond ETF | 0.67 |
Most inversely correlated with LQDI
| Symbol | Company | Correlation |
|---|---|---|
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.58 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.58 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.58 |
| TTT | ProShares UltraPro Short 20+ Year Treasury | -0.56 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.56 |
Frequently asked questions about LQDI correlations
- Which stocks are most correlated with LQDI?
- Based on one year of daily returns, the stocks most correlated with iShares Inflation Hedged Corporate Bond ETF (LQDI) are RTRE (0.68), LKOR (0.67) and BSCZ (0.67). 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 LQDI?
- Over the past year, the stocks most inversely correlated with iShares Inflation Hedged Corporate Bond ETF (LQDI) are TBT (-0.58), TBF (-0.58) and TMV (-0.58). 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 LQDI correlations calculated?
- We compute the correlation of daily returns between LQDI 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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