S&P 500 Correlation Leaderboard

These are the S&P 500 correlation pairs: the stocks whose daily returns have moved most closely together, and most opposite to each other, over the last 30, 60 or 90 trading days. Highly correlated stocks tend to react to the same news, so holding several of them can add less diversification than it looks like.

For the cross-asset view (sectors, indices, commodities, crypto) and the Nasdaq-100 version, see Correlations. To see how many S&P 500 stocks are above their 200-day average, see S&P 500 breadth.

Last updated: Oct 30, 2026, 2:17 AM UTC

Most correlated pair
0.98
KMB ↔ KVUE
Materials / Consumer Defensive
Most inverse pair
-0.72
BRO ↔ KEYS
Financial / Technology
Universe
498
stocks · 60-day returns
Pairs scored
123,750
top 25 shown per column

S&P 500 Correlation Leaderboard

498 stocks, 60-day returns

The most and least correlated pairs across every S&P 500 stock with price history.

Most Correlated

  1. 1
    KMB ↔ KVUE0.98
    Materials / Consumer Defensive
  2. 2
    DHI ↔ PHM0.95
    Industrials
  3. 3
    D ↔ NEE0.95
    Utilities
  4. 4
    MA ↔ V0.94
    Industrials
  5. 5
    EIX ↔ PCG0.94
    Utilities
  6. 6
    CPT ↔ MAA0.93
    Real Estate
  7. 7
    HD ↔ LOW0.93
    Consumer Cyclical
  8. 8
    CFG ↔ KEY0.93
    Financial
  9. 9
    DAL ↔ UAL0.93
    Industrials
  10. 10
    AEE ↔ LNT0.93
    Utilities
  11. 11
    CFG ↔ RF0.92
    Financial
  12. 12
    NUE ↔ STLD0.92
    Materials
  13. 13
    MLM ↔ VMC0.92
    Materials
  14. 14
    EXC ↔ SO0.92
    Utilities
  15. 15
    DUK ↔ SO0.91
    Utilities
  16. 16
    CRWD ↔ PANW0.91
    Technology
  17. 17
    NSC ↔ UNP0.91
    Industrials
  18. 18
    AEE ↔ AEP0.91
    Utilities
  19. 19
    TFC ↔ USB0.91
    Financial
  20. 20
    CFG ↔ HBAN0.91
    Financial
  21. 21
    MPC ↔ PSX0.91
    Energy
  22. 22
    CVX ↔ XOM0.91
    Energy
  23. 23
    MPC ↔ VLO0.91
    Energy
  24. 24
    COP ↔ EOG0.91
    Energy
  25. 25
    DUK ↔ EXC0.91
    Utilities

Most Inverse

  1. 1
    BRO ↔ KEYS-0.72
    Financial / Technology
  2. 2
    KEYS ↔ MRSH-0.71
    Technology / Other
  3. 3
    BR ↔ KEYS-0.70
    Industrials / Technology
  4. 4
    MRSH ↔ TER-0.69
    Other / Technology
  5. 5
    AJG ↔ TER-0.68
    Financial / Technology
  6. 6
    BR ↔ TER-0.67
    Industrials / Technology
  7. 7
    AMD ↔ BRO-0.66
    Technology / Financial
  8. 8
    UAL ↔ XOM-0.65
    Industrials / Energy
  9. 9
    INTC ↔ MRSH-0.65
    Technology / Other
  10. 10
    BR ↔ JCI-0.65
    Industrials
  11. 11
    AJG ↔ INTC-0.64
    Financial / Technology
  12. 12
    BRO ↔ FLEX-0.64
    Financial / Technology
  13. 13
    GOOGL ↔ HII-0.64
    Technology / Industrials
  14. 14
    AMD ↔ RSG-0.63
    Technology / Utilities
  15. 15
    GOOG ↔ HII-0.63
    Technology / Industrials
  16. 16
    AJG ↔ AMD-0.63
    Financial / Technology
  17. 17
    ADP ↔ AMAT-0.63
    Industrials / Technology
  18. 18
    ADP ↔ LRCX-0.62
    Industrials
  19. 19
    CVX ↔ UAL-0.62
    Energy / Industrials
  20. 20
    ADP ↔ LITE-0.62
    Industrials / Technology
  21. 21
    LRCX ↔ RSG-0.62
    Industrials / Utilities
  22. 22
    APH ↔ AWK-0.61
    Technology / Utilities
  23. 23
    AMAT ↔ STZ-0.61
    Technology / Consumer Defensive
  24. 24
    LRCX ↔ WM-0.60
    Industrials / Utilities
  25. 25
    ACGL ↔ INTC-0.60
    Financial / Technology

About This Data

  • Correlation is computed on daily returns over the trailing 30, 60, or 90 trading days (toggle above), aligned by calendar date.
  • Only S&P 500 stocks with a full price history are included - a small handful of newly-added constituents may be missing until their history backfills.
  • Each ticker appears in at most 3 rows per column, and same-company share classes (e.g. dual-class stock) are excluded, so the list reflects distinct relationships rather than one dominant pair repeated.
  • Updated once a day.

S&P 500 correlation pairs: common questions

What is a correlation pair in the S&P 500?
A correlation pair is two S&P 500 stocks whose daily returns tend to move together (a correlation near +1) or in opposite directions (near -1). A value near 0 means their moves are essentially unrelated.
Which S&P 500 stocks are the most correlated?
The "Most Correlated" list above shows the pairs moving together most closely right now, recomputed daily, and "Most Inverse" shows the pairs moving most opposite. Pairs in the same industry, such as banks, chipmakers or oil producers, usually rank highest because the same news moves them together.
Why do the most and least correlated pairs change?
Correlation is measured on a trailing window of daily returns (30, 60 or 90 trading days, selectable above). When the market is driven by a different theme, such as rates, earnings or a sector rotation, the pairs that move together change with it.
How can I use correlation pairs?
Highly correlated holdings behave like one bet, so owning several of them adds less diversification than it appears to. Inversely correlated pairs can offset each other, and some traders compare a correlated pair when one stock lags the other. This is educational data, not investment advice.

New to correlation? Read Asset Correlation and Relative Strength Explained.

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