Which stocks are most correlated with WTRG?

Based on one year of daily returns, the stocks most correlated with Essential Utilities, Inc. (WTRG) are AWK (0.92), AWR (0.73) and CWT (0.70). 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 WTRG?

Over the past year, the stocks most inversely correlated with Essential Utilities, Inc. (WTRG) are SZK (-0.40), TEK (-0.38) and DARP (-0.38). A negative correlation means the two stocks have tended to move in opposite directions.

Essential Utilities, Inc. (WTRG) — Stock Correlations & Overview

Over the past year, WTRG has moved most closely with AWK, AWR, CWT. Explore the stocks most correlated and inversely correlated with WTRG below, along with its price, financials, and company profile.

Stocks correlated with WTRG

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

Most correlated with WTRG

Symbol	Company	Correlation
AWK	American Water Works Company, IncWATER SUPPLY	0.92
AWR	American States Water CompanyWATER SUPPLY	0.73
CWT	California Water ServiceWATER SUPPLY	0.70
YORW	York Water CoWATER SUPPLY	0.63
HTO	H2O America Common StockWATER SUPPLY	0.62

Most inversely correlated with WTRG

Symbol	Company	Correlation
SZK	ProShares UltraShort Consumer Staples	-0.40
TEK	iShares Technology Opportunities Active ETF	-0.38
DARP	Grizzle Growth ETF	-0.38
BSTZ	BlackRock Science and Technology Term Trust	-0.38
FFOG	Franklin Focused Dynamic Growth ETF	-0.38

Frequently asked questions about WTRG correlations

Which stocks are most correlated with WTRG?: Based on one year of daily returns, the stocks most correlated with Essential Utilities, Inc. (WTRG) are AWK (0.92), AWR (0.73) and CWT (0.70). 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 WTRG?: Over the past year, the stocks most inversely correlated with Essential Utilities, Inc. (WTRG) are SZK (-0.40), TEK (-0.38) and DARP (-0.38). 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 WTRG correlations calculated?: We compute the correlation of daily returns between WTRG 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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