PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (STPZ) — Stock Correlations & Overview
Over the past year, STPZ has moved most closely with STIP, TIPA, TDTT. Explore the stocks most correlated and inversely correlated with STPZ below, along with its price, financials, and company profile.
Stocks correlated with STPZ
Correlation of daily returns. Higher positive values move with STPZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with STPZ
| Symbol | Company | Correlation |
|---|---|---|
| STIP | iShares 0-5 Year TIPS Bond ETF | 0.94 |
| TIPA | Northern Trust 2030 Inflation-Linked Distributing Ladder ETF | 0.93 |
| TDTT | Northern Trust iBoxx 3-Year Target Duration TIPS ETF | 0.92 |
| TIPB | Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 0.88 |
| TIPX | State Street SPDR Bloomberg 1-10 Year TIPS ETF | 0.88 |
Most inversely correlated with STPZ
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.40 |
| TBX | ProShares Short 7-10 Year Treasury | -0.39 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.38 |
| LHAI | Linkhome Holdings Inc. Common stockREAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | -0.33 |
| EHGO | Eshallgo Inc. Class A Ordinary Shares | -0.32 |
Frequently asked questions about STPZ correlations
- Which stocks are most correlated with STPZ?
- Based on one year of daily returns, the stocks most correlated with PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (STPZ) are STIP (0.94), TIPA (0.93) and TDTT (0.92). 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 STPZ?
- Over the past year, the stocks most inversely correlated with PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund (STPZ) are PST (-0.40), TBX (-0.39) and TYO (-0.38). 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 STPZ correlations calculated?
- We compute the correlation of daily returns between STPZ 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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