iShares Short Maturity Municipal Bond Active ETF (MEAR) — Stock Correlations & Overview
Over the past year, MEAR has moved most closely with ICSH, SHV, CALI. Explore the stocks most correlated and inversely correlated with MEAR below, along with its price, financials, and company profile.
Stocks correlated with MEAR
Correlation of daily returns. Higher positive values move with MEAR; negative values move opposite it. Informational only, not investment advice.
Most correlated with MEAR
| Symbol | Company | Correlation |
|---|---|---|
| ICSH | iShares Ultra Short Duration Bond Active ETF | 0.73 |
| SHV | iShares Trust iShares 0-1 Year Treasury Bond ETF | 0.70 |
| CALI | BlackRock ETF Trust II iShares Short-Term California Muni Active ETF | 0.69 |
| SGOV | iShares 0-3 Month Treasury Bond ETF | 0.69 |
| RAVI | Northern Trust Ultra-Short Fixed Income ETF | 0.69 |
Most inversely correlated with MEAR
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.28 |
| ANNA | AleAnna, Inc. Class A Common StockCRUDE PETROLEUM & NATURAL GAS | -0.27 |
| TBX | ProShares Short 7-10 Year Treasury | -0.26 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.26 |
| GOTU | Gaotu Techedu Inc. American Depositary Shares, three of which representing two Class A Ordinary Shares | -0.26 |
Frequently asked questions about MEAR correlations
- Which stocks are most correlated with MEAR?
- Based on one year of daily returns, the stocks most correlated with iShares Short Maturity Municipal Bond Active ETF (MEAR) are ICSH (0.73), SHV (0.70) and CALI (0.69). 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 MEAR?
- Over the past year, the stocks most inversely correlated with iShares Short Maturity Municipal Bond Active ETF (MEAR) are PST (-0.28), ANNA (-0.27) and TBX (-0.26). 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 MEAR correlations calculated?
- We compute the correlation of daily returns between MEAR 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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