Columbia Diversified Fixed Income Allocation ETF (DIAL) — Stock Correlations & Overview
Over the past year, DIAL has moved most closely with VCIT, IGIB, MYCN. Explore the stocks most correlated and inversely correlated with DIAL below, along with its price, financials, and company profile.
Stocks correlated with DIAL
Correlation of daily returns. Higher positive values move with DIAL; negative values move opposite it. Informational only, not investment advice.
Most correlated with DIAL
| Symbol | Company | Correlation |
|---|---|---|
| VCIT | Vanguard Intermediate-Term Corporate Bond ETF | 0.92 |
| IGIB | iShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.92 |
| MYCN | SSGA Active Trust State Street My2034 Corporate Bond ETF | 0.92 |
| MYCM | SSGA Active Trust State Street My2033 Corporate Bond ETF | 0.92 |
| IGEB | iShares Investment Grade Systematic Bond ETF | 0.91 |
Most inversely correlated with DIAL
| Symbol | Company | Correlation |
|---|---|---|
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.80 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.79 |
| TBX | ProShares Short 7-10 Year Treasury | -0.77 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.73 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.73 |
Frequently asked questions about DIAL correlations
- Which stocks are most correlated with DIAL?
- Based on one year of daily returns, the stocks most correlated with Columbia Diversified Fixed Income Allocation ETF (DIAL) are VCIT (0.92), IGIB (0.92) and MYCN (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 DIAL?
- Over the past year, the stocks most inversely correlated with Columbia Diversified Fixed Income Allocation ETF (DIAL) are PST (-0.80), TYO (-0.79) and TBX (-0.77). 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 DIAL correlations calculated?
- We compute the correlation of daily returns between DIAL 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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