Which stocks are most correlated with DAL?

Based on one year of daily returns, the stocks most correlated with Delta Air Lines, Inc. (DAL) are JETS (0.91), UAL (0.89) and JETU (0.83). 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 DAL?

Over the past year, the stocks most inversely correlated with Delta Air Lines, Inc. (DAL) are JETD (-0.83), FLYD (-0.77) and SDD (-0.67). A negative correlation means the two stocks have tended to move in opposite directions.

Delta Air Lines, Inc. (DAL) — Stock Correlations & Overview

Over the past year, DAL has moved most closely with JETS, UAL, JETU. Explore the stocks most correlated and inversely correlated with DAL below, along with its price, financials, and company profile.

Stocks correlated with DAL

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

Most correlated with DAL

Symbol	Company	Correlation
JETS	U.S. Global Jets ETF	0.91
UAL	United Airlines Holdings, Inc. Common StockAIR TRANSPORTATION, SCHEDULED	0.89
JETU	MAX Airlines 3x Leveraged ETNCOMMERCIAL BANKS, NEC	0.83
AAL	American Airlines Group Inc.AIR TRANSPORTATION, SCHEDULED	0.82
AALG	Leverage Shares 2X Long AAL Daily ETF	0.81

Most inversely correlated with DAL

Symbol	Company	Correlation
JETD	MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.83
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.77
SDD	ProShares UltraShort SmallCap600	-0.67
MZZ	ProShares UltraShort MidCap400	-0.67
SMDD	ProShares UltraPro Short MidCap400	-0.67

Frequently asked questions about DAL correlations

Which stocks are most correlated with DAL?: Based on one year of daily returns, the stocks most correlated with Delta Air Lines, Inc. (DAL) are JETS (0.91), UAL (0.89) and JETU (0.83). 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 DAL?: Over the past year, the stocks most inversely correlated with Delta Air Lines, Inc. (DAL) are JETD (-0.83), FLYD (-0.77) and SDD (-0.67). 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 DAL correlations calculated?: We compute the correlation of daily returns between DAL 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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