Which stocks are most correlated with CSQ?

Based on one year of daily returns, the stocks most correlated with Calamos Strategic Total Return Fund (CSQ) are ILCB (0.92), GXLC (0.92) and GSUS (0.92). 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 CSQ?

Over the past year, the stocks most inversely correlated with Calamos Strategic Total Return Fund (CSQ) are SPXS (-0.92), SPXU (-0.91) and SDS (-0.91). A negative correlation means the two stocks have tended to move in opposite directions.

Calamos Strategic Total Return Fund (CSQ) — Stock Correlations & Overview

Over the past year, CSQ has moved most closely with ILCB, GXLC, GSUS. Explore the stocks most correlated and inversely correlated with CSQ below, along with its price, financials, and company profile.

Stocks correlated with CSQ

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

Most correlated with CSQ

Symbol	Company	Correlation
ILCB	iShares Morningstar U.S. Equity ETF	0.92
GXLC	Global X U.S. 500 ETF	0.92
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	0.92
UXJL	FT Vest U.S. Equity Uncapped Accelerator ETF - July	0.92
CHRI	Global X S&P 500 Christian Values ETF	0.92

Most inversely correlated with CSQ

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.92
SPXU	ProShares UltraPro Short S&P 500	-0.91
SDS	ProShares UltraShort S&P500	-0.91
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.91
SH	ProShares Short S&P500	-0.90

Frequently asked questions about CSQ correlations

Which stocks are most correlated with CSQ?: Based on one year of daily returns, the stocks most correlated with Calamos Strategic Total Return Fund (CSQ) are ILCB (0.92), GXLC (0.92) and GSUS (0.92). 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 CSQ?: Over the past year, the stocks most inversely correlated with Calamos Strategic Total Return Fund (CSQ) are SPXS (-0.92), SPXU (-0.91) and SDS (-0.91). 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 CSQ correlations calculated?: We compute the correlation of daily returns between CSQ 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.