Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) — Stock Correlations & Overview
Over the past year, TIPA has moved most closely with STIP, TDTT, STPZ. Explore the stocks most correlated and inversely correlated with TIPA below, along with its price, financials, and company profile.
Stocks correlated with TIPA
Correlation of daily returns. Higher positive values move with TIPA; negative values move opposite it. Informational only, not investment advice.
Most correlated with TIPA
| Symbol | Company | Correlation |
|---|---|---|
| STIP | iShares 0-5 Year TIPS Bond ETF | 0.97 |
| TDTT | Northern Trust iBoxx 3-Year Target Duration TIPS ETF | 0.94 |
| STPZ | PIMCO 1-5 Year U.S. TIPS Index Exchange-Traded Fund | 0.93 |
| TIPB | Northern Trust 2035 Inflation-Linked Distributing Ladder ETF | 0.92 |
| TIPX | State Street SPDR Bloomberg 1-10 Year TIPS ETF | 0.90 |
Most inversely correlated with TIPA
| Symbol | Company | Correlation |
|---|---|---|
| LHAI | Linkhome Holdings Inc. Common stockREAL ESTATE AGENTS & MANAGERS (FOR OTHERS) | -0.38 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.37 |
| TBX | ProShares Short 7-10 Year Treasury | -0.36 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.34 |
| EHGO | Eshallgo Inc. Class A Ordinary Shares | -0.34 |
Frequently asked questions about TIPA correlations
- Which stocks are most correlated with TIPA?
- Based on one year of daily returns, the stocks most correlated with Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) are STIP (0.97), TDTT (0.94) and STPZ (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 TIPA?
- Over the past year, the stocks most inversely correlated with Northern Trust 2030 Inflation-Linked Distributing Ladder ETF (TIPA) are LHAI (-0.38), PST (-0.37) and TBX (-0.36). 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 TIPA correlations calculated?
- We compute the correlation of daily returns between TIPA 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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