Which stocks are most correlated with PBTP?

Based on one year of daily returns, the stocks most correlated with Invesco 0-5 Yr US TIPS ETF (PBTP) are BSCS (0.50), IIGD (0.48) and BSCR (0.46). 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 PBTP?

Over the past year, the stocks most inversely correlated with Invesco 0-5 Yr US TIPS ETF (PBTP) are GETY (-0.43), EHGO (-0.42) and FTEK (-0.37). A negative correlation means the two stocks have tended to move in opposite directions.

Invesco 0-5 Yr US TIPS ETF (PBTP) — Stock Correlations & Overview

Over the past year, PBTP has moved most closely with BSCS, IIGD, BSCR. Explore the stocks most correlated and inversely correlated with PBTP below, along with its price, financials, and company profile.

Stocks correlated with PBTP

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

Most correlated with PBTP

Symbol	Company	Correlation
BSCS	Invesco BulletShares 2028 Corporate Bond ETF	0.50
IIGD	Invesco Investment Grade Defensive ETF	0.48
BSCR	Invesco BulletShares 2027 Corporate Bond ETF	0.46
GSY	Invesco Ultra Short Duration ETF	0.46
GTOS	Invesco Short Duration Total Return Bond ETF	0.46

Most inversely correlated with PBTP

Symbol	Company	Correlation
GETY	Getty Images Holdings, Inc.SERVICES-BUSINESS SERVICES, NEC	-0.43
EHGO	Eshallgo Inc. Class A Ordinary Shares	-0.42
FTEK	Fuel Tech, Inc.INDUSTRIAL & COMMERCIAL FANS & BLOWERS & AIR PURIFYING EQUIP	-0.37
TNON	Tenon Medical, Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS	-0.32
AZTR	Azitra IncPHARMACEUTICAL PREPARATIONS	-0.29

Frequently asked questions about PBTP correlations

Which stocks are most correlated with PBTP?: Based on one year of daily returns, the stocks most correlated with Invesco 0-5 Yr US TIPS ETF (PBTP) are BSCS (0.50), IIGD (0.48) and BSCR (0.46). 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 PBTP?: Over the past year, the stocks most inversely correlated with Invesco 0-5 Yr US TIPS ETF (PBTP) are GETY (-0.43), EHGO (-0.42) and FTEK (-0.37). 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 PBTP correlations calculated?: We compute the correlation of daily returns between PBTP 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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