Which stocks are most correlated with DAVE?

Based on one year of daily returns, the stocks most correlated with Dave Inc. Class A Common Stock (DAVE) are DAVEW (0.83), BPAY (0.62) and FINX (0.61). 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 DAVE?

Over the past year, the stocks most inversely correlated with Dave Inc. Class A Common Stock (DAVE) are WEBS (-0.49), SARK (-0.48) and FLYD (-0.47). A negative correlation means the two stocks have tended to move in opposite directions.

Dave Inc. Class A Common Stock (DAVE) — Stock Correlations & Overview

Over the past year, DAVE has moved most closely with DAVEW, BPAY, FINX. Explore the stocks most correlated and inversely correlated with DAVE below, along with its price, financials, and company profile.

Stocks correlated with DAVE

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

Most correlated with DAVE

Symbol	Company	Correlation
DAVEW	Dave Inc. WarrantsFINANCE SERVICES	0.83
BPAY	iShares FinTech Active ETF	0.62
FINX	Global X Funds Global X FinTech ETF	0.61
UPST	Upstart Holdings, Inc. Common stockFINANCE SERVICES	0.59
UPSX	Tradr 2X Long UPST Daily ETF	0.59

Most inversely correlated with DAVE

Symbol	Company	Correlation
WEBS	Direxion Daily Dow Jones Internet Bear 3X ETF	-0.49
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.48
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.47
TWM	ProShares UltraShort Russell2000	-0.47
SRTY	ProShares UltraPro Short Russell2000	-0.47

Frequently asked questions about DAVE correlations

Which stocks are most correlated with DAVE?: Based on one year of daily returns, the stocks most correlated with Dave Inc. Class A Common Stock (DAVE) are DAVEW (0.83), BPAY (0.62) and FINX (0.61). 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 DAVE?: Over the past year, the stocks most inversely correlated with Dave Inc. Class A Common Stock (DAVE) are WEBS (-0.49), SARK (-0.48) and FLYD (-0.47). 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 DAVE correlations calculated?: We compute the correlation of daily returns between DAVE 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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