Which stocks are most correlated with SIXZ?

Based on one year of daily returns, the stocks most correlated with AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) are NVBT (0.93), UNOV (0.93) and NVBW (0.93). 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 SIXZ?

Over the past year, the stocks most inversely correlated with AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) are SPXS (-0.89), SPXU (-0.89) and SDS (-0.88). A negative correlation means the two stocks have tended to move in opposite directions.

AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) — Stock Correlations & Overview

Over the past year, SIXZ has moved most closely with NVBT, UNOV, NVBW. Explore the stocks most correlated and inversely correlated with SIXZ below, along with its price, financials, and company profile.

Stocks correlated with SIXZ

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

Most correlated with SIXZ

Symbol	Company	Correlation
NVBT	AllianzIM U.S. Equity Buffer10 Nov ETF	0.93
UNOV	Innovator U.S. Equity Ultra Buffer ETF - NovemberPHARMACEUTICAL PREPARATIONS	0.93
NVBW	AllianzIM U.S. Equity Buffer20 Nov ETF	0.93
PNOV	Innovator U.S. Equity Power Buffer ETF - November	0.92
BNOV	Innovator U.S. Equity Buffer ETF - November	0.91

Most inversely correlated with SIXZ

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.89
SPXU	ProShares UltraPro Short S&P 500	-0.89
SDS	ProShares UltraShort S&P500	-0.88
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.88
SH	ProShares Short S&P500	-0.88

Frequently asked questions about SIXZ correlations

Which stocks are most correlated with SIXZ?: Based on one year of daily returns, the stocks most correlated with AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) are NVBT (0.93), UNOV (0.93) and NVBW (0.93). 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 SIXZ?: Over the past year, the stocks most inversely correlated with AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF (SIXZ) are SPXS (-0.89), SPXU (-0.89) and SDS (-0.88). 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 SIXZ correlations calculated?: We compute the correlation of daily returns between SIXZ 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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