Innovator U.S. Equity Accelerated Plus ETF - January (XTJA) — Stock Correlations & Overview
Over the past year, XTJA has moved most closely with XBJA, XJAN, PJAN. Explore the stocks most correlated and inversely correlated with XTJA below, along with its price, financials, and company profile.
Stocks correlated with XTJA
Correlation of daily returns. Higher positive values move with XTJA; negative values move opposite it. Informational only, not investment advice.
Most correlated with XTJA
| Symbol | Company | Correlation |
|---|---|---|
| XBJA | Innovator U.S. Equity Accelerated 9 Buffer ETF - January | 0.97 |
| XJAN | FT Vest U.S. Equity Enhance & Moderate Buffer ETF - January | 0.97 |
| PJAN | Innovator U.S. Equity Power Buffer ETF - January | 0.96 |
| JANW | AllianzIM U.S. Equity Buffer20 Jan ETF | 0.95 |
| GDEC | FT Vest U.S. Equity Moderate Buffer ETF - December | 0.95 |
Frequently asked questions about XTJA correlations
- Which stocks are most correlated with XTJA?
- Based on one year of daily returns, the stocks most correlated with Innovator U.S. Equity Accelerated Plus ETF - January (XTJA) are XBJA (0.97), XJAN (0.97) and PJAN (0.96). 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 XTJA?
- Over the past year, the stocks most inversely correlated with Innovator U.S. Equity Accelerated Plus ETF - January (XTJA) are SPXU (-0.90), SDS (-0.90) and SPXS (-0.90). 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 XTJA correlations calculated?
- We compute the correlation of daily returns between XTJA 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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