iShares 20+ Year Treasury Bond ETF (TLT) — Stock Correlations & Overview
Over the past year, TLT has moved most closely with IBGL, IBGK, SCHQ. Explore the stocks most correlated and inversely correlated with TLT below, along with its price, financials, and company profile.
Stocks correlated with TLT
Correlation of daily returns. Higher positive values move with TLT; negative values move opposite it. Informational only, not investment advice.
Most correlated with TLT
| Symbol | Company | Correlation |
|---|---|---|
| IBGL | iShares iBonds Dec 2055 Term Treasury ETF | 1.00 |
| IBGK | iShares iBonds Dec 2054 Term Treasury ETF | 1.00 |
| SCHQ | Schwab Long-Term U.S. Treasury ETF | 0.99 |
| VGLT | Vanguard Long-Term Treasury ETF | 0.99 |
| BBLB | JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF | 0.99 |
Most inversely correlated with TLT
| Symbol | Company | Correlation |
|---|---|---|
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.99 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.98 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.97 |
| TTT | ProShares UltraPro Short 20+ Year Treasury | -0.95 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.89 |
Frequently asked questions about TLT correlations
- Which stocks are most correlated with TLT?
- Based on one year of daily returns, the stocks most correlated with iShares 20+ Year Treasury Bond ETF (TLT) are IBGL (1.00), IBGK (1.00) and SCHQ (0.99). 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 TLT?
- Over the past year, the stocks most inversely correlated with iShares 20+ Year Treasury Bond ETF (TLT) are TMV (-0.99), TBT (-0.98) and TBF (-0.97). 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 TLT correlations calculated?
- We compute the correlation of daily returns between TLT 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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