BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) — Stock Correlations & Overview
Over the past year, XTEN has moved most closely with TLH, IBGA, LLDR. Explore the stocks most correlated and inversely correlated with XTEN below, along with its price, financials, and company profile.
Stocks correlated with XTEN
Correlation of daily returns. Higher positive values move with XTEN; negative values move opposite it. Informational only, not investment advice.
Most correlated with XTEN
| Symbol | Company | Correlation |
|---|---|---|
| TLH | iShares 10-20 Year Treasury Bond ETF | 0.99 |
| IBGA | iShares iBonds Dec 2044 Term Treasury ETF | 0.98 |
| LLDR | Global X Long-Term Treasury Ladder ETF | 0.98 |
| IBGB | iShares iBonds Dec 2045 Term Treasury ETF | 0.98 |
| VGLT | Vanguard Long-Term Treasury ETF | 0.98 |
Most inversely correlated with XTEN
| Symbol | Company | Correlation |
|---|---|---|
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.95 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.94 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.94 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.94 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.93 |
Frequently asked questions about XTEN correlations
- Which stocks are most correlated with XTEN?
- Based on one year of daily returns, the stocks most correlated with BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) are TLH (0.99), IBGA (0.98) and LLDR (0.98). 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 XTEN?
- Over the past year, the stocks most inversely correlated with BondBloxx Bloomberg Ten Year Target Duration US Treasury ETF (XTEN) are TMV (-0.95), PST (-0.94) and TBT (-0.94). 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 XTEN correlations calculated?
- We compute the correlation of daily returns between XTEN 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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