Which stocks are most correlated with WTM?

Based on one year of daily returns, the stocks most correlated with White Mountains Insurance Group Ltd. (WTM) are KIE (0.57), IAK (0.53) and KBWP (0.51). 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 WTM?

Over the past year, the stocks most inversely correlated with White Mountains Insurance Group Ltd. (WTM) are REK (-0.32), RXD (-0.32) and SKRE (-0.32). A negative correlation means the two stocks have tended to move in opposite directions.

White Mountains Insurance Group Ltd. (WTM) — Stock Correlations & Overview

Over the past year, WTM has moved most closely with KIE, IAK, KBWP. Explore the stocks most correlated and inversely correlated with WTM below, along with its price, financials, and company profile.

Stocks correlated with WTM

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

Most correlated with WTM

Symbol	Company	Correlation
KIE	State Street SPDR S&P Insurance ETF	0.57
IAK	iShares U.S. Insurance ETF	0.53
KBWP	Invesco KBW Property & Casualty Insurance ETFINVESTMENT ADVICE	0.51
ACGL	Arch Capital Group LtdFIRE, MARINE & CASUALTY INSURANCE	0.50
MCY	Mercury General Corp.FIRE, MARINE & CASUALTY INSURANCE	0.49

Most inversely correlated with WTM

Symbol	Company	Correlation
REK	ProShares Short Real Estate	-0.32
RXD	ProShares UltraShort Health Care	-0.32
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.32
FAZ	Direxion Daily Financial Bear 3x ETF	-0.32
SZK	ProShares UltraShort Consumer Staples	-0.31

Frequently asked questions about WTM correlations

Which stocks are most correlated with WTM?: Based on one year of daily returns, the stocks most correlated with White Mountains Insurance Group Ltd. (WTM) are KIE (0.57), IAK (0.53) and KBWP (0.51). 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 WTM?: Over the past year, the stocks most inversely correlated with White Mountains Insurance Group Ltd. (WTM) are REK (-0.32), RXD (-0.32) and SKRE (-0.32). 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 WTM correlations calculated?: We compute the correlation of daily returns between WTM 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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