Which stocks are most correlated with TJX?

Based on one year of daily returns, the stocks most correlated with TJX Companies, Inc. (The) (TJX) are ROST (0.58), RTH (0.47) and FTCS (0.46). 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 TJX?

Over the past year, the stocks most inversely correlated with TJX Companies, Inc. (The) (TJX) are EMTY (-0.50), SZK (-0.41) and REK (-0.36). A negative correlation means the two stocks have tended to move in opposite directions.

TJX Companies, Inc. (The) (TJX) — Stock Correlations & Overview

Over the past year, TJX has moved most closely with ROST, RTH, FTCS. Explore the stocks most correlated and inversely correlated with TJX below, along with its price, financials, and company profile.

Stocks correlated with TJX

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

Most correlated with TJX

Symbol	Company	Correlation
ROST	Ross Stores IncRETAIL-FAMILY CLOTHING STORES	0.58
RTH	VanEck Retail ETF	0.47
FTCS	First Trust Capital Strength ETF	0.46
HUSV	First Trust Horizon Managed Volatility Domestic ETF	0.44
RSPD	Invesco S&P 500 Equal Weight Consumer Discretionary ETF	0.44

Most inversely correlated with TJX

Symbol	Company	Correlation
EMTY	ProShares Decline of the Retail Store ETF	-0.50
SZK	ProShares UltraShort Consumer Staples	-0.41
REK	ProShares Short Real Estate	-0.36
SRS	ProShares UltraShort Real Estate	-0.34
DRV	Direxion Daily Real Estate Bear 3X ETF	-0.34

Frequently asked questions about TJX correlations

Which stocks are most correlated with TJX?: Based on one year of daily returns, the stocks most correlated with TJX Companies, Inc. (The) (TJX) are ROST (0.58), RTH (0.47) and FTCS (0.46). 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 TJX?: Over the past year, the stocks most inversely correlated with TJX Companies, Inc. (The) (TJX) are EMTY (-0.50), SZK (-0.41) and REK (-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 TJX correlations calculated?: We compute the correlation of daily returns between TJX 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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