Which stocks are most correlated with PBJL?

Based on one year of daily returns, the stocks most correlated with PGIM S&P 500 Buffer 20 ETF - July (PBJL) are JULT (0.95), XTJL (0.95) and JULW (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 PBJL?

Over the past year, the stocks most inversely correlated with PGIM S&P 500 Buffer 20 ETF - July (PBJL) are SDS (-0.87), SPXU (-0.86) and SPXS (-0.86). A negative correlation means the two stocks have tended to move in opposite directions.

PGIM S&P 500 Buffer 20 ETF - July (PBJL) — Stock Correlations & Overview

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

Stocks correlated with PBJL

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

Most correlated with PBJL

Symbol	Company	Correlation
JULT	AllianzIM U.S. Equity Buffer10 Jul ETF	0.95
XTJL	Innovator U.S. Equity Accelerated Plus ETF - July	0.95
JULW	AllianzIM U.S. Equity Buffer20 Jul ETF	0.94
XBJL	Innovator U.S. Equity Accelerated 9 Buffer ETF - July	0.94
XJUL	FT Vest U.S. Equity Enhance & Moderate Buffer ETF - July	0.93

Most inversely correlated with PBJL

Symbol	Company	Correlation
SDS	ProShares UltraShort S&P500	-0.87
SPXU	ProShares UltraPro Short S&P 500	-0.86
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.86
SH	ProShares Short S&P500	-0.86
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.86

Frequently asked questions about PBJL correlations

Which stocks are most correlated with PBJL?: Based on one year of daily returns, the stocks most correlated with PGIM S&P 500 Buffer 20 ETF - July (PBJL) are JULT (0.95), XTJL (0.95) and JULW (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 PBJL?: Over the past year, the stocks most inversely correlated with PGIM S&P 500 Buffer 20 ETF - July (PBJL) are SDS (-0.87), SPXU (-0.86) and SPXS (-0.86). 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 PBJL correlations calculated?: We compute the correlation of daily returns between PBJL 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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