Which stocks are most correlated with SBIL?

Based on one year of daily returns, the stocks most correlated with Simplify Government Money Market ETF (SBIL) are TBUX (0.83), USFR (0.79) and BUCK (0.64). 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 SBIL?

Over the past year, the stocks most inversely correlated with Simplify Government Money Market ETF (SBIL) are TRIB (-0.25), PCLA (-0.23) and AIMD (-0.23). A negative correlation means the two stocks have tended to move in opposite directions.

Simplify Government Money Market ETF (SBIL) — Stock Correlations & Overview

Over the past year, SBIL has moved most closely with TBUX, USFR, BUCK. Explore the stocks most correlated and inversely correlated with SBIL below, along with its price, financials, and company profile.

Stocks correlated with SBIL

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

Most correlated with SBIL

Symbol	Company	Correlation
TBUX	T. Rowe Price Ultra Short-Term Bond ETF	0.83
USFR	WisdomTree Floating Rate Treasury Fund	0.79
BUCK	Simplify Treasury Option Income ETF	0.64
KNRG	Simplify Kayne Anderson Energy and Infrastructure Credit ETF	0.63
TFLR	T. Rowe Price Floating Rate ETF	0.59

Most inversely correlated with SBIL

Symbol	Company	Correlation
TRIB	Trinity Biotech plc	-0.25
PCLA	PicoCELA Inc. American Depositary Shares	-0.23
AIMD	Ainos, Inc. Common StockCOMPUTER PERIPHERAL EQUIPMENT, NEC	-0.23
TVA	Texas Ventures Acquisition III Corp Class A Ordinary ShareBLANK CHECKS	-0.22
DXR	Daxor Corporation Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS	-0.22

Frequently asked questions about SBIL correlations

Which stocks are most correlated with SBIL?: Based on one year of daily returns, the stocks most correlated with Simplify Government Money Market ETF (SBIL) are TBUX (0.83), USFR (0.79) and BUCK (0.64). 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 SBIL?: Over the past year, the stocks most inversely correlated with Simplify Government Money Market ETF (SBIL) are TRIB (-0.25), PCLA (-0.23) and AIMD (-0.23). 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 SBIL correlations calculated?: We compute the correlation of daily returns between SBIL 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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