Which stocks are most correlated with MTRA?

Based on one year of daily returns, the stocks most correlated with Invesco International Growth Focus ETF (MTRA) are CVIE (0.94), BINT (0.94) and VSGX (0.94). 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 MTRA?

Over the past year, the stocks most inversely correlated with Invesco International Growth Focus ETF (MTRA) are EEV (-0.89), EDZ (-0.89) and EUM (-0.89). A negative correlation means the two stocks have tended to move in opposite directions.

Invesco International Growth Focus ETF (MTRA) — Stock Correlations & Overview

Over the past year, MTRA has moved most closely with CVIE, BINT, VSGX. Explore the stocks most correlated and inversely correlated with MTRA below, along with its price, financials, and company profile.

Stocks correlated with MTRA

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

Most correlated with MTRA

Symbol	Company	Correlation
CVIE	Calvert International Responsible Index ETF	0.94
BINT	Bluemonte Global Equity ETF	0.94
VSGX	Vanguard ESG International Stock ETF	0.94
FFGX	Fidelity Fundamental Global ex-U.S. ETF	0.93
TIER	T. Rowe Price International Equity Research ETF	0.93

Most inversely correlated with MTRA

Symbol	Company	Correlation
EEV	ProShares Trust UltraShort MSCI Emerging Markets	-0.89
EDZ	Direxion Daily MSCI Emerging Markets Bear 3X ETF	-0.89
EUM	ProShares Trust Short MSCI Emerging Markets	-0.89
EFU	ProShares Trust UltraShort MSCI EAFE	-0.88
EFZ	ProShares Trust Short MSCI EAFE	-0.86

Frequently asked questions about MTRA correlations

Which stocks are most correlated with MTRA?: Based on one year of daily returns, the stocks most correlated with Invesco International Growth Focus ETF (MTRA) are CVIE (0.94), BINT (0.94) and VSGX (0.94). 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 MTRA?: Over the past year, the stocks most inversely correlated with Invesco International Growth Focus ETF (MTRA) are EEV (-0.89), EDZ (-0.89) and EUM (-0.89). 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 MTRA correlations calculated?: We compute the correlation of daily returns between MTRA 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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