Which stocks are most correlated with PEP?

Based on one year of daily returns, the stocks most correlated with PepsiCo, Inc. (PEP) are FTXG (0.72), IYK (0.72) and UGE (0.70). 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 PEP?

Over the past year, the stocks most inversely correlated with PepsiCo, Inc. (PEP) are SZK (-0.69), LRNZ (-0.39) and TRFK (-0.39). A negative correlation means the two stocks have tended to move in opposite directions.

PepsiCo, Inc. (PEP) — Stock Correlations & Overview

Over the past year, PEP has moved most closely with FTXG, IYK, UGE. Explore the stocks most correlated and inversely correlated with PEP below, along with its price, financials, and company profile.

Stocks correlated with PEP

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

Most correlated with PEP

Symbol	Company	Correlation
FTXG	First Trust Nasdaq Food & Beverage ETF	0.72
IYK	iShares U.S. Consumer Staples ETF	0.72
UGE	ProShares Ultra Consumer Staples	0.70
XLP	State Street Consumer Staples Select Sector SPDR ETF	0.70
RSPS	Invesco S&P 500 Equal Weight Consumer Staples ETF	0.70

Most inversely correlated with PEP

Symbol	Company	Correlation
SZK	ProShares UltraShort Consumer Staples	-0.69
LRNZ	TrueShares Technology, AI & Deep Learning ETF	-0.39
TRFK	Pacer Data and Digital Revolution ETF	-0.39
FDTX	Fidelity Disruptive Technology ETF	-0.39
EGGQ	NestYield Visionary ETF	-0.38

Frequently asked questions about PEP correlations

Which stocks are most correlated with PEP?: Based on one year of daily returns, the stocks most correlated with PepsiCo, Inc. (PEP) are FTXG (0.72), IYK (0.72) and UGE (0.70). 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 PEP?: Over the past year, the stocks most inversely correlated with PepsiCo, Inc. (PEP) are SZK (-0.69), LRNZ (-0.39) and TRFK (-0.39). 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 PEP correlations calculated?: We compute the correlation of daily returns between PEP 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.