IEX correlations (IDEX Corporation)
IEX measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Industrials · Industrial Machinery & Supplies & Components
Volatility (ann.)
23.3%
3y weekly
Beta vs S&P 500
0.89
3y weekly
1-year return
+43.0%
price, adjusted
5-year return
+10.5%
price, adjusted
Market cap
$17.2B
latest
P/E ratio
33.8
trailing
Dividend yield
1.23%
trailing
Max drawdown
-34.6%
3y, daily closes
IEX over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with IEX
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| XLI | Industrial Select Sector SPDR Fund | 0.72 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.72 | |
| DOV | Dover Corporation | 0.72 | |
| CSL | Carlisle Companies Incorporated | 0.70 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.70 | |
| NDSN | Nordson Corporation | 0.68 | |
| VTV | Vanguard Value ETF | 0.68 | |
| CTS | CTS Corporation | 0.67 | |
| IWM | iShares Russell 2000 ETF | 0.67 | |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.67 | |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.67 | |
| IR | Ingersoll Rand | 0.67 | |
| EMR | Emerson Electric | 0.66 | |
| DGRO | iShares Core Dividend Growth ETF | 0.66 | |
| ITW | Illinois Tool Works | 0.66 |
Best diversifiers for IEX
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from IEX.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.48 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.44 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.32 | |
| BNC | CEA Industries Inc. | -0.23 | |
| CELC | Celcuity Inc. | -0.23 | |
| IVVD | Invivyd, Inc. | -0.23 | |
| FBYD | Falcon's Beyond Global, Inc. | -0.17 | |
| NSTS | NSTS Bancorp, Inc. | -0.16 | |
| FWDI | Forward Industries, Inc. | -0.16 | |
| CPIX | Cumberland Pharmaceuticals Inc. | -0.16 |
IEX vs benchmarks
IEX vs its peers
Get IEX data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/iex.jsonCorrelations, diversifiers, beta and volatility for IEX, plus one endpoint per pair. API documentation.
