Which stocks are most correlated with XPEV?

Based on one year of daily returns, the stocks most correlated with XPeng Inc. American depositary shares, each representing two Class A ordinary shares (XPEV) are KGRN (0.66), KTEC (0.64) and PGJ (0.62). 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 XPEV?

Over the past year, the stocks most inversely correlated with XPeng Inc. American depositary shares, each representing two Class A ordinary shares (XPEV) are YANG (-0.56), FXP (-0.55) and YXI (-0.54). A negative correlation means the two stocks have tended to move in opposite directions.

XPeng Inc. American depositary shares, each representing two Class A ordinary shares (XPEV) — Stock Correlations & Overview

Over the past year, XPEV has moved most closely with KGRN, KTEC, PGJ. Explore the stocks most correlated and inversely correlated with XPEV below, along with its price, financials, and company profile.

Stocks correlated with XPEV

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

Most correlated with XPEV

Symbol	Company	Correlation
KGRN	KraneShares MSCI China Clean Technology Index ETF	0.66
KTEC	KraneShares Hang Seng TECH Index ETF	0.64
PGJ	Invesco Golden Dragon China ETF	0.62
CGRO	CoreValues Alpha Greater China Growth ETFBLANK CHECKS	0.59
CHIQ	Global X MSCI China Consumer Discretionary ETF	0.59

Most inversely correlated with XPEV

Symbol	Company	Correlation
YANG	Direxion Daily FTSE China Bear 3X ETF	-0.56
FXP	ProShares UltraShort FTSE China 50 of ProShares Trust	-0.55
YXI	ProShares Short FTSE China 50 of PROSHARES TRUST	-0.54
EDZ	Direxion Daily MSCI Emerging Markets Bear 3X ETF	-0.44
EEV	ProShares Trust UltraShort MSCI Emerging Markets	-0.44

Frequently asked questions about XPEV correlations

Which stocks are most correlated with XPEV?: Based on one year of daily returns, the stocks most correlated with XPeng Inc. American depositary shares, each representing two Class A ordinary shares (XPEV) are KGRN (0.66), KTEC (0.64) and PGJ (0.62). 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 XPEV?: Over the past year, the stocks most inversely correlated with XPeng Inc. American depositary shares, each representing two Class A ordinary shares (XPEV) are YANG (-0.56), FXP (-0.55) and YXI (-0.54). 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 XPEV correlations calculated?: We compute the correlation of daily returns between XPEV 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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