State Street SPDR Portfolio Ultra Short T-Bill ETF (SPTU) — Stock Correlations & Overview
Over the past year, SPTU has moved most closely with BILS, BIL, VBIL. Explore the stocks most correlated and inversely correlated with SPTU below, along with its price, financials, and company profile.
Stocks correlated with SPTU
Correlation of daily returns. Higher positive values move with SPTU; negative values move opposite it. Informational only, not investment advice.
Most correlated with SPTU
| Symbol | Company | Correlation |
|---|---|---|
| BILS | State Street SPDR Bloomberg 3-12 Month T-Bill ETF | 0.96 |
| BIL | State Street SPDR Bloomberg 1-3 Month T-Bill ETF | 0.95 |
| VBIL | Vanguard 0-3 Month Treasury Bill ETF | 0.95 |
| VGUS | Vanguard Ultra-Short Treasury ETF | 0.95 |
| NUSB | Nuveen Ultra Short Income ETF | 0.94 |
Most inversely correlated with SPTU
| Symbol | Company | Correlation |
|---|---|---|
| FLYE | Fly-E Group, Inc. Common StockMOTOR VEHICLES & PASSENGER CAR BODIES | -0.32 |
| HYFM | Hydrofarm Holdings Group, Inc. Common StockWHOLESALE-MISCELLANEOUS NONDURABLE GOODS | -0.29 |
| GOTU | Gaotu Techedu Inc. American Depositary Shares, three of which representing two Class A Ordinary Shares | -0.27 |
| RITR | Reitar Logtech Holdings Limited Ordinary shares | -0.25 |
| ADAMG | Adamas Trust, Inc. 9.125% Senior Notes Due 2030REAL ESTATE INVESTMENT TRUSTS | -0.25 |
Frequently asked questions about SPTU correlations
- Which stocks are most correlated with SPTU?
- Based on one year of daily returns, the stocks most correlated with State Street SPDR Portfolio Ultra Short T-Bill ETF (SPTU) are BILS (0.96), BIL (0.95) and VBIL (0.95). 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 SPTU?
- Over the past year, the stocks most inversely correlated with State Street SPDR Portfolio Ultra Short T-Bill ETF (SPTU) are FLYE (-0.32), HYFM (-0.29) and GOTU (-0.27). 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 SPTU correlations calculated?
- We compute the correlation of daily returns between SPTU 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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