Which stocks are most correlated with PM?

Based on one year of daily returns, the stocks most correlated with Philip Morris International Inc. (PM) are IYK (0.66), BTI (0.63) and GXPS (0.60). 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 PM?

Over the past year, the stocks most inversely correlated with Philip Morris International Inc. (PM) are SZK (-0.56), REK (-0.34) and SRS (-0.33). A negative correlation means the two stocks have tended to move in opposite directions.

Philip Morris International Inc. (PM) — Stock Correlations & Overview

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

Stocks correlated with PM

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

Most correlated with PM

Symbol	Company	Correlation
IYK	iShares U.S. Consumer Staples ETF	0.66
BTI	British American Tobacco p.l.c. American Depositary Shares, American Depositary Shares, each representing one Ordinary Share	0.63
GXPS	Global X PureCap MSCI Consumer Staples ETF	0.60
KXI	iShares Global Consumer Staples ETF	0.58
XLSI	State Street Consumer Staples Select Sector SPDR Premium Income ETF	0.58

Most inversely correlated with PM

Symbol	Company	Correlation
SZK	ProShares UltraShort Consumer Staples	-0.56
REK	ProShares Short Real Estate	-0.34
SRS	ProShares UltraShort Real Estate	-0.33
DRV	Direxion Daily Real Estate Bear 3X ETF	-0.33
TRFK	Pacer Data and Digital Revolution ETF	-0.31

Frequently asked questions about PM correlations

Which stocks are most correlated with PM?: Based on one year of daily returns, the stocks most correlated with Philip Morris International Inc. (PM) are IYK (0.66), BTI (0.63) and GXPS (0.60). 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 PM?: Over the past year, the stocks most inversely correlated with Philip Morris International Inc. (PM) are SZK (-0.56), REK (-0.34) and SRS (-0.33). 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 PM correlations calculated?: We compute the correlation of daily returns between PM 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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