Which stocks are most correlated with SNX?

Based on one year of daily returns, the stocks most correlated with TD SYNNEX Corporation (SNX) are FXL (0.61), RSPT (0.59) and QQQG (0.58). 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 SNX?

Over the past year, the stocks most inversely correlated with TD SYNNEX Corporation (SNX) are TECS (-0.57), HIBS (-0.57) and REW (-0.57). A negative correlation means the two stocks have tended to move in opposite directions.

TD SYNNEX Corporation (SNX) — Stock Correlations & Overview

Over the past year, SNX has moved most closely with FXL, RSPT, QQQG. Explore the stocks most correlated and inversely correlated with SNX below, along with its price, financials, and company profile.

Stocks correlated with SNX

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

Most correlated with SNX

Symbol	Company	Correlation
FXL	First Trust Technology AlphaDEX Fund	0.61
RSPT	Invesco S&P 500 Equal Weight Technology ETF	0.59
QQQG	Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF	0.58
SMIZ	Zacks Small/Mid Cap ETF	0.58
JMOM	JPMorgan U.S. Momentum Factor ETF	0.58

Most inversely correlated with SNX

Symbol	Company	Correlation
TECS	Direxion Daily Technology Bear 3x ETF	-0.57
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.57
REW	Proshares UltraShort Technology	-0.57
SQQQ	ProShares UltraPro Short QQQ	-0.53
QID	ProShares UltraShort QQQ	-0.53

Frequently asked questions about SNX correlations

Which stocks are most correlated with SNX?: Based on one year of daily returns, the stocks most correlated with TD SYNNEX Corporation (SNX) are FXL (0.61), RSPT (0.59) and QQQG (0.58). 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 SNX?: Over the past year, the stocks most inversely correlated with TD SYNNEX Corporation (SNX) are TECS (-0.57), HIBS (-0.57) and REW (-0.57). 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 SNX correlations calculated?: We compute the correlation of daily returns between SNX 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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