Which stocks are most correlated with MAXJ?

Based on one year of daily returns, the stocks most correlated with iShares Large Cap Max Buffer Jun ETF (MAXJ) are SMAX (0.83), XTJL (0.81) and JULT (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 MAXJ?

Over the past year, the stocks most inversely correlated with iShares Large Cap Max Buffer Jun ETF (MAXJ) are SDS (-0.74), SPXU (-0.74) and SPXS (-0.73). A negative correlation means the two stocks have tended to move in opposite directions.

iShares Large Cap Max Buffer Jun ETF (MAXJ) — Stock Correlations & Overview

Over the past year, MAXJ has moved most closely with SMAX, XTJL, JULT. Explore the stocks most correlated and inversely correlated with MAXJ below, along with its price, financials, and company profile.

Stocks correlated with MAXJ

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

Most correlated with MAXJ

Symbol	Company	Correlation
SMAX	iShares Large Cap Max Buffer Sep ETF	0.83
XTJL	Innovator U.S. Equity Accelerated Plus ETF - July	0.81
JULT	AllianzIM U.S. Equity Buffer10 Jul ETF	0.81
IVVM	iShares Large Cap Moderate Quarterly Laddered ETF	0.81
PJUL	Innovator U.S. Equity Power Buffer ETF - July	0.80

Most inversely correlated with MAXJ

Symbol	Company	Correlation
SDS	ProShares UltraShort S&P500	-0.74
SPXU	ProShares UltraPro Short S&P 500	-0.74
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.73
SH	ProShares Short S&P500	-0.73
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.72

Frequently asked questions about MAXJ correlations

Which stocks are most correlated with MAXJ?: Based on one year of daily returns, the stocks most correlated with iShares Large Cap Max Buffer Jun ETF (MAXJ) are SMAX (0.83), XTJL (0.81) and JULT (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 MAXJ?: Over the past year, the stocks most inversely correlated with iShares Large Cap Max Buffer Jun ETF (MAXJ) are SDS (-0.74), SPXU (-0.74) and SPXS (-0.73). 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 MAXJ correlations calculated?: We compute the correlation of daily returns between MAXJ 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.