BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) — Stock Correlations & Overview
Over the past year, XHLF has moved most closely with CLIP, XONE, BILZ. Explore the stocks most correlated and inversely correlated with XHLF below, along with its price, financials, and company profile.
Stocks correlated with XHLF
Correlation of daily returns. Higher positive values move with XHLF; negative values move opposite it. Informational only, not investment advice.
Most correlated with XHLF
| Symbol | Company | Correlation |
|---|---|---|
| CLIP | Global X 1-3 Month T-Bill ETF | 0.96 |
| XONE | BondBloxx Bloomberg One Year Target Duration US Treasury ETFPRINTING TRADES MACHINERY & EQUIPMENT | 0.92 |
| BILZ | PIMCO Ultra Short Government Active ETF | 0.89 |
| GBIL | Goldman Sachs Access Treasury 0-1 Year ETF | 0.88 |
| SGVT | Schwab Government Money Market ETF | 0.87 |
Most inversely correlated with XHLF
| Symbol | Company | Correlation |
|---|---|---|
| FLYE | Fly-E Group, Inc. Common StockMOTOR VEHICLES & PASSENGER CAR BODIES | -0.30 |
| MBINM | Merchants Bancorp Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.25% Fixed-Rate Reset Series D Non-Cumulative Perpetual Preferred StockSTATE COMMERCIAL BANKS | -0.29 |
| HYFM | Hydrofarm Holdings Group, Inc. Common StockWHOLESALE-MISCELLANEOUS NONDURABLE GOODS | -0.27 |
| RHLD | Resolute Holdings Management, Inc.FINANCE SERVICES | -0.25 |
| TGE | The Generation Essentials Group | -0.24 |
Frequently asked questions about XHLF correlations
- Which stocks are most correlated with XHLF?
- Based on one year of daily returns, the stocks most correlated with BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) are CLIP (0.96), XONE (0.92) and BILZ (0.89). 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 XHLF?
- Over the past year, the stocks most inversely correlated with BondBloxx Bloomberg Six Month Target Duration US Treasury ETF (XHLF) are FLYE (-0.30), MBINM (-0.29) and HYFM (-0.27). 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 XHLF correlations calculated?
- We compute the correlation of daily returns between XHLF 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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