Which stocks are most correlated with ZTO?

Based on one year of daily returns, the stocks most correlated with ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share (ZTO) are YINN (0.36), FXI (0.36) and XPP (0.36). 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 ZTO?

Over the past year, the stocks most inversely correlated with ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share (ZTO) are YANG (-0.35), FXP (-0.34) and YXI (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.

ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share (ZTO) — Stock Correlations & Overview

Over the past year, ZTO has moved most closely with YINN, FXI, XPP. Explore the stocks most correlated and inversely correlated with ZTO below, along with its price, financials, and company profile.

Stocks correlated with ZTO

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

Most correlated with ZTO

Symbol	Company	Correlation
YINN	Direxion Daily FTSE China Bull 3X ETF	0.36
FXI	iShares China Large-Cap ETF	0.36
XPP	ProShares Ultra FTSE China 50 of PROSHARES TRUST	0.36
PGJ	Invesco Golden Dragon China ETF	0.36
MCHI	iShares MSCI China ETF	0.35

Most inversely correlated with ZTO

Symbol	Company	Correlation
YANG	Direxion Daily FTSE China Bear 3X ETF	-0.35
FXP	ProShares UltraShort FTSE China 50 of ProShares Trust	-0.34
YXI	ProShares Short FTSE China 50 of PROSHARES TRUST	-0.34
YJ	Yunji Inc. American Depository Shares	-0.27
MRNY	YieldMax MRNA Option Income Strategy ETF	-0.25

Frequently asked questions about ZTO correlations

Which stocks are most correlated with ZTO?: Based on one year of daily returns, the stocks most correlated with ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share (ZTO) are YINN (0.36), FXI (0.36) and XPP (0.36). 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 ZTO?: Over the past year, the stocks most inversely correlated with ZTO Express (Cayman) Inc. American Depositary Shares, each representing one Class A ordinary share (ZTO) are YANG (-0.35), FXP (-0.34) and YXI (-0.34). 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 ZTO correlations calculated?: We compute the correlation of daily returns between ZTO 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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