Which stocks are most correlated with TJAN?

Based on one year of daily returns, the stocks most correlated with Innovator Equity Defined Protection ETF - 2 Yr to January 2027 (TJAN) are BSEP (0.91), TAPR (0.91) and AUGT (0.91). 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 TJAN?

Over the past year, the stocks most inversely correlated with Innovator Equity Defined Protection ETF - 2 Yr to January 2027 (TJAN) are SDS (-0.87), SPXU (-0.87) and SPXS (-0.86). A negative correlation means the two stocks have tended to move in opposite directions.

Innovator Equity Defined Protection ETF - 2 Yr to January 2027 (TJAN) — Stock Correlations & Overview

Over the past year, TJAN has moved most closely with BSEP, TAPR, AUGT. Explore the stocks most correlated and inversely correlated with TJAN below, along with its price, financials, and company profile.

Stocks correlated with TJAN

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

Most correlated with TJAN

Symbol	Company	Correlation
BSEP	Innovator U.S. Equity Buffer ETF - September	0.91
TAPR	Innovator Equity Defined Protection ETF - 2 Yr to April 2027	0.91
AUGT	AllianzIM U.S. Equity Buffer10 Aug ETF	0.91
FAUG	FT Vest U.S. Equity Buffer ETF - August	0.90
MART	AllianzIM U.S. Equity Buffer10 Mar ETF	0.90

Most inversely correlated with TJAN

Symbol	Company	Correlation
SDS	ProShares UltraShort S&P500	-0.87
SPXU	ProShares UltraPro Short S&P 500	-0.87
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.86
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.86
SH	ProShares Short S&P500	-0.86

Frequently asked questions about TJAN correlations

Which stocks are most correlated with TJAN?: Based on one year of daily returns, the stocks most correlated with Innovator Equity Defined Protection ETF - 2 Yr to January 2027 (TJAN) are BSEP (0.91), TAPR (0.91) and AUGT (0.91). 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 TJAN?: Over the past year, the stocks most inversely correlated with Innovator Equity Defined Protection ETF - 2 Yr to January 2027 (TJAN) are SDS (-0.87), SPXU (-0.87) and SPXS (-0.86). 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 TJAN correlations calculated?: We compute the correlation of daily returns between TJAN 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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