Which stocks are most correlated with VGMS?

Based on one year of daily returns, the stocks most correlated with Vanguard Multi-Sector Income Bond ETF (VGMS) are SPHY (0.91), JNK (0.91) and NUHY (0.90). 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 VGMS?

Over the past year, the stocks most inversely correlated with Vanguard Multi-Sector Income Bond ETF (VGMS) are SJB (-0.70), PST (-0.68) and TYO (-0.67). A negative correlation means the two stocks have tended to move in opposite directions.

Vanguard Multi-Sector Income Bond ETF (VGMS) — Stock Correlations & Overview

Over the past year, VGMS has moved most closely with SPHY, JNK, NUHY. Explore the stocks most correlated and inversely correlated with VGMS below, along with its price, financials, and company profile.

Stocks correlated with VGMS

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

Most correlated with VGMS

Symbol	Company	Correlation
SPHY	State Street SPDR Portfolio High Yield Bond ETF	0.91
JNK	State Street SPDR Bloomberg High Yield Bond ETF	0.91
NUHY	Nuveen ESG High Yield Corporate Bond ETF	0.90
HYGV	Northern Trust High Yield Value-Scored Bond ETF	0.89
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bond ETF	0.89

Most inversely correlated with VGMS

Symbol	Company	Correlation
SJB	ProShares Short High Yield	-0.70
PST	ProShares Trust UltraShort Lehman 7-10 Year Treasury	-0.68
TYO	Direxion Daily 7-10 Year Treasury Bear 3X ETF	-0.67
TBX	ProShares Short 7-10 Year Treasury	-0.65
EFZ	ProShares Trust Short MSCI EAFE	-0.64

Frequently asked questions about VGMS correlations

Which stocks are most correlated with VGMS?: Based on one year of daily returns, the stocks most correlated with Vanguard Multi-Sector Income Bond ETF (VGMS) are SPHY (0.91), JNK (0.91) and NUHY (0.90). 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 VGMS?: Over the past year, the stocks most inversely correlated with Vanguard Multi-Sector Income Bond ETF (VGMS) are SJB (-0.70), PST (-0.68) and TYO (-0.67). 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 VGMS correlations calculated?: We compute the correlation of daily returns between VGMS 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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