Which stocks are most correlated with SIO?

Based on one year of daily returns, the stocks most correlated with Touchstone Strategic Income ETF (SIO) are DYNB (0.68), OACP (0.67) and WCPB (0.67). 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 SIO?

Over the past year, the stocks most inversely correlated with Touchstone Strategic Income ETF (SIO) are TYO (-0.61), TBT (-0.58) and PST (-0.58). A negative correlation means the two stocks have tended to move in opposite directions.

Touchstone Strategic Income ETF (SIO) — Stock Correlations & Overview

Over the past year, SIO has moved most closely with DYNB, OACP, WCPB. Explore the stocks most correlated and inversely correlated with SIO below, along with its price, financials, and company profile.

Stocks correlated with SIO

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

Most correlated with SIO

Symbol	Company	Correlation
DYNB	Hartford Dynamic Bond ETF	0.68
OACP	OneAscent Core Plus Bond ETF	0.67
WCPB	Weitz Core Plus Bond ETF	0.67
FBND	Fidelity Total Bond ETF	0.67
FCOR	Fidelity Corporate Bond ETF	0.67

Most inversely correlated with SIO

Symbol	Company	Correlation
TYO	Direxion Daily 7-10 Year Treasury Bear 3X ETF	-0.61
TBT	ProShares Trust UltraShort Lehman 20+ Year Treasury	-0.58
PST	ProShares Trust UltraShort Lehman 7-10 Year Treasury	-0.58
TMV	Direxion Daily 20+ Year Treasury Bear 3X ETF	-0.57
TBF	ProShares Short 20+ Year Treasury ETF	-0.57

Frequently asked questions about SIO correlations

Which stocks are most correlated with SIO?: Based on one year of daily returns, the stocks most correlated with Touchstone Strategic Income ETF (SIO) are DYNB (0.68), OACP (0.67) and WCPB (0.67). 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 SIO?: Over the past year, the stocks most inversely correlated with Touchstone Strategic Income ETF (SIO) are TYO (-0.61), TBT (-0.58) and PST (-0.58). 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 SIO correlations calculated?: We compute the correlation of daily returns between SIO 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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