Which stocks are most correlated with PBSE?

Based on one year of daily returns, the stocks most correlated with PGIM S&P 500 Buffer 20 ETF - September (PBSE) are PBAU (0.95), PBOC (0.95) and PBJA (0.95). 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 PBSE?

Over the past year, the stocks most inversely correlated with PGIM S&P 500 Buffer 20 ETF - September (PBSE) are SDS (-0.89), SPXS (-0.89) and SPXU (-0.89). A negative correlation means the two stocks have tended to move in opposite directions.

PGIM S&P 500 Buffer 20 ETF - September (PBSE) — Stock Correlations & Overview

Over the past year, PBSE has moved most closely with PBAU, PBOC, PBJA. Explore the stocks most correlated and inversely correlated with PBSE below, along with its price, financials, and company profile.

Stocks correlated with PBSE

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

Most correlated with PBSE

Symbol	Company	Correlation
PBAU	PGIM S&P 500 Buffer 20 ETF - August	0.95
PBOC	PGIM S&P 500 Buffer 20 ETF - October	0.95
PBJA	PGIM S&P 500 Buffer 20 ETF - January	0.95
PBDE	PGIM S&P 500 Buffer 20 ETF - December	0.95
PBFB	PGIM S&P 500 Buffer 20 ETF - February	0.95

Most inversely correlated with PBSE

Symbol	Company	Correlation
SDS	ProShares UltraShort S&P500	-0.89
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.89
SPXU	ProShares UltraPro Short S&P 500	-0.89
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.88
SH	ProShares Short S&P500	-0.88

Frequently asked questions about PBSE correlations

Which stocks are most correlated with PBSE?: Based on one year of daily returns, the stocks most correlated with PGIM S&P 500 Buffer 20 ETF - September (PBSE) are PBAU (0.95), PBOC (0.95) and PBJA (0.95). 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 PBSE?: Over the past year, the stocks most inversely correlated with PGIM S&P 500 Buffer 20 ETF - September (PBSE) are SDS (-0.89), SPXS (-0.89) and SPXU (-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 PBSE correlations calculated?: We compute the correlation of daily returns between PBSE 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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