Which stocks are most correlated with METpA?

Based on one year of daily returns, the stocks most correlated with Metlife, Inc. Floating Rate Non Cuml Series A (METpA) are SOJC (0.48), EPRF (0.47) and PGF (0.45). 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 METpA?

Over the past year, the stocks most inversely correlated with Metlife, Inc. Floating Rate Non Cuml Series A (METpA) are QQDN (-0.35), SPXS (-0.35) and SPDN (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.

Metlife, Inc. Floating Rate Non Cuml Series A (METpA) — Stock Correlations & Overview

Over the past year, METpA has moved most closely with SOJC, EPRF, PGF. Explore the stocks most correlated and inversely correlated with METpA below, along with its price, financials, and company profile.

Stocks correlated with METpA

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

Most correlated with METpA

Symbol	Company	Correlation
SOJC	The Southern Company Series 2017B 5.25% Junior Subordinated Notes due December 1, 2077ELECTRIC SERVICES	0.48
EPRF	Innovator S&P Investment Grade Preferred ETF	0.47
PGF	Invesco Financial Preferred ETF	0.45
METpE	MetLife, Inc. Depositary Shares, each representing a 1/1,000th interest in a share of 5.625% Non-Cumulative Preferred Stock, Series ELIFE INSURANCE	0.45
TpA	AT&T Inc. Depositary Shares, each representing a 1/1,000th interest in a share of 5.000% Perpetual Preferred Stock, Series ATELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE)	0.44

Most inversely correlated with METpA

Symbol	Company	Correlation
QQDN	ProShares Trust ProShares UltraShort QQQ Mega	-0.35
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.35
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.34
QQQD	Direxion Daily Magnificent 7 Bear 1X ETF	-0.34
SPXU	ProShares UltraPro Short S&P 500	-0.34

Frequently asked questions about METpA correlations

Which stocks are most correlated with METpA?: Based on one year of daily returns, the stocks most correlated with Metlife, Inc. Floating Rate Non Cuml Series A (METpA) are SOJC (0.48), EPRF (0.47) and PGF (0.45). 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 METpA?: Over the past year, the stocks most inversely correlated with Metlife, Inc. Floating Rate Non Cuml Series A (METpA) are QQDN (-0.35), SPXS (-0.35) and SPDN (-0.34). 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 METpA correlations calculated?: We compute the correlation of daily returns between METpA 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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