PNC Financial Services Group (PNC) — Stock Correlations & Overview
Over the past year, PNC has moved most closely with IAT, FTXO, USB. Explore the stocks most correlated and inversely correlated with PNC below, along with its price, financials, and company profile.
Stocks correlated with PNC
Correlation of daily returns. Higher positive values move with PNC; negative values move opposite it. Informational only, not investment advice.
Most correlated with PNC
| Symbol | Company | Correlation |
|---|---|---|
| IAT | iShares U.S. Regional Banks ETF | 0.92 |
| FTXO | First Trust Nasdaq Bank ETF | 0.88 |
| USB | U.S. BancorpNATIONAL COMMERCIAL BANKS | 0.87 |
| FITB | Fifth Third BancorpSTATE COMMERCIAL BANKS | 0.85 |
| MTB | M&T Bank Corp.STATE COMMERCIAL BANKS | 0.84 |
Most inversely correlated with PNC
| Symbol | Company | Correlation |
|---|---|---|
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.81 |
| BNKD | MicroSectors U.S. Big Banks -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.76 |
| SEF | ProShares Short Financials | -0.69 |
| FAZ | Direxion Daily Financial Bear 3x ETF | -0.69 |
| SKF | ProShares UltraShort Financials | -0.69 |
Frequently asked questions about PNC correlations
- Which stocks are most correlated with PNC?
- Based on one year of daily returns, the stocks most correlated with PNC Financial Services Group (PNC) are IAT (0.92), FTXO (0.88) and USB (0.87). 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 PNC?
- Over the past year, the stocks most inversely correlated with PNC Financial Services Group (PNC) are SKRE (-0.81), BNKD (-0.76) and SEF (-0.69). 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 PNC correlations calculated?
- We compute the correlation of daily returns between PNC 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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