TE Connectivity plc (TEL) — Stock Correlations & Overview

Over the past year, TEL has moved most closely with MADE, ROE, LCLG. Explore the stocks most correlated and inversely correlated with TEL below, along with its price, financials, and company profile.

Stocks correlated with TEL

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

Most correlated with TEL

SymbolCompanyCorrelation
MADEiShares U.S. Manufacturing ETF0.67
ROEEA Series Trust Astoria US Equal Weight Quality Kings ETF0.66
LCLGLogan Capital Large Cap Growth ETF0.66
BIBLInspire 100 ETF0.64
APHAmphenol CorporationELECTRONIC CONNECTORS0.64

Most inversely correlated with TEL

SymbolCompanyCorrelation
MZZProShares UltraShort MidCap400-0.60
HIBSDirexion Daily S&P 500 High Beta Bear 3X ETF-0.60
SMDDProShares UltraPro Short MidCap400-0.59
MYYProShares Short MidCap400-0.59
SIJProShares UltraShort Industrials-0.58

Frequently asked questions about TEL correlations

Which stocks are most correlated with TEL?
Based on one year of daily returns, the stocks most correlated with TE Connectivity plc (TEL) are MADE (0.67), ROE (0.66) and LCLG (0.66). 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 TEL?
Over the past year, the stocks most inversely correlated with TE Connectivity plc (TEL) are MZZ (-0.60), HIBS (-0.60) and SMDD (-0.59). 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 TEL correlations calculated?
We compute the correlation of daily returns between TEL 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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