Xtrackers Municipal Infrastructure Revenue Bond Active ETF (RVNU) — Stock Correlations & Overview
Over the past year, RVNU has moved most closely with MUB, HYMB, BSMY. Explore the stocks most correlated and inversely correlated with RVNU below, along with its price, financials, and company profile.
Stocks correlated with RVNU
Correlation of daily returns. Higher positive values move with RVNU; negative values move opposite it. Informational only, not investment advice.
Most correlated with RVNU
| Symbol | Company | Correlation |
|---|---|---|
| MUB | iShares National Muni Bond ETF | 0.72 |
| HYMB | State Street SPDR Nuveen ICE High Yield Municipal Bond ETF | 0.71 |
| BSMY | Invesco BulletShares 2034 Municipal Bond ETF | 0.70 |
| VTEB | Vanguard Tax-Exempt Bond Index Fund | 0.70 |
| VTEC | Vanguard California Tax-Exempt Bond ETF | 0.70 |
Most inversely correlated with RVNU
| Symbol | Company | Correlation |
|---|---|---|
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.54 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.54 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.54 |
| TTT | ProShares UltraPro Short 20+ Year Treasury | -0.53 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.50 |
Frequently asked questions about RVNU correlations
- Which stocks are most correlated with RVNU?
- Based on one year of daily returns, the stocks most correlated with Xtrackers Municipal Infrastructure Revenue Bond Active ETF (RVNU) are MUB (0.72), HYMB (0.71) and BSMY (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 RVNU?
- Over the past year, the stocks most inversely correlated with Xtrackers Municipal Infrastructure Revenue Bond Active ETF (RVNU) are TBT (-0.54), TMV (-0.54) and TBF (-0.54). 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 RVNU correlations calculated?
- We compute the correlation of daily returns between RVNU 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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