Which stocks are most correlated with AMZP?

Based on one year of daily returns, the stocks most correlated with Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) are AMZU (0.97), AMZN (0.97) and AMZZ (0.97). 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 AMZP?

Over the past year, the stocks most inversely correlated with Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) are AMZD (-0.96), SCC (-0.72) and QQQD (-0.70). A negative correlation means the two stocks have tended to move in opposite directions.

Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) — Stock Correlations & Overview

Over the past year, AMZP has moved most closely with AMZU, AMZN, AMZZ. Explore the stocks most correlated and inversely correlated with AMZP below, along with its price, financials, and company profile.

Stocks correlated with AMZP

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

Most correlated with AMZP

Symbol	Company	Correlation
AMZU	Direxion Shares ETF Trust Direxion Daily AMZN Bull 2X ETF	0.97
AMZN	Amazon.Com IncRETAIL-CATALOG & MAIL-ORDER HOUSES	0.97
AMZZ	GraniteShares 2x Long AMZN Daily ETF	0.97
AMZW	Roundhill AMZN WeeklyPay ETF	0.96
AMZY	YieldMax AMZN Option Income Strategy ETF	0.94

Most inversely correlated with AMZP

Symbol	Company	Correlation
AMZD	Direxion Shares ETF Trust Direxion Daily AMZN Bear 1X ETF	-0.96
SCC	ProShares UltraShort Consumer Discretionary	-0.72
QQQD	Direxion Daily Magnificent 7 Bear 1X ETF	-0.70
WEBS	Direxion Daily Dow Jones Internet Bear 3X ETF	-0.62
QQDN	ProShares Trust ProShares UltraShort QQQ Mega	-0.61

Frequently asked questions about AMZP correlations

Which stocks are most correlated with AMZP?: Based on one year of daily returns, the stocks most correlated with Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) are AMZU (0.97), AMZN (0.97) and AMZZ (0.97). 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 AMZP?: Over the past year, the stocks most inversely correlated with Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) are AMZD (-0.96), SCC (-0.72) and QQQD (-0.70). 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 AMZP correlations calculated?: We compute the correlation of daily returns between AMZP 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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