Verizon Communications (VZ) — Stock Correlations & Overview
Over the past year, VZ has moved most closely with T, HDLB, TMUS. Explore the stocks most correlated and inversely correlated with VZ below, along with its price, financials, and company profile.
Stocks correlated with VZ
Correlation of daily returns. Higher positive values move with VZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with VZ
| Symbol | Company | Correlation |
|---|---|---|
| T | AT&T Inc.TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) | 0.76 |
| HDLB | ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B due October 21, 2049 | 0.59 |
| TMUS | T-Mobile US, Inc.RADIOTELEPHONE COMMUNICATIONS | 0.57 |
| FDL | First Trust Morningstar Dividend Leaders Index Fund | 0.56 |
| SPHD | Invesco S&P 500 High Dividend Low Volatility ETFINVESTMENT ADVICE | 0.51 |
Most inversely correlated with VZ
| Symbol | Company | Correlation |
|---|---|---|
| SZK | ProShares UltraShort Consumer Staples | -0.42 |
| ALAB | Astera Labs, Inc. Common StockSEMICONDUCTORS & RELATED DEVICES | -0.37 |
| LABX | Tradr 2X Long ALAB Daily ETF | -0.37 |
| KLAC | KLA Corporation Common StockOPTICAL INSTRUMENTS & LENSES | -0.37 |
| UNX | Tradr 2X Long U Daily ETF | -0.34 |
Frequently asked questions about VZ correlations
- Which stocks are most correlated with VZ?
- Based on one year of daily returns, the stocks most correlated with Verizon Communications (VZ) are T (0.76), HDLB (0.59) and TMUS (0.57). 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 VZ?
- Over the past year, the stocks most inversely correlated with Verizon Communications (VZ) are SZK (-0.42), ALAB (-0.37) and LABX (-0.37). 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 VZ correlations calculated?
- We compute the correlation of daily returns between VZ 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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