Krispy Kreme, Inc. Common Stock (DNUT) — Stock Correlations & Overview

Over the past year, DNUT has moved most closely with XRT, FXD, RETL. Explore the stocks most correlated and inversely correlated with DNUT below, along with its price, financials, and company profile.

Stocks correlated with DNUT

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

Most correlated with DNUT

SymbolCompanyCorrelation
XRTState Street SPDR S&P Retail ETF0.41
FXDFirst Trust Consumer Discretionary AlphaDEX Fund0.41
RETLDirexion Daily Retail Bull 3X ETF0.40
PSCDInvesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE0.40
RSPDInvesco S&P 500 Equal Weight Consumer Discretionary ETF0.40

Most inversely correlated with DNUT

SymbolCompanyCorrelation
EMTYProShares Decline of the Retail Store ETF-0.38
HDGEAdvisorShares Ranger Equity Bear ETF-0.35
DWSHAdvisorShares Dorsey Wright Short ETF-0.33
SDDProShares UltraShort SmallCap600-0.31
SBBProShares Short SmallCap600-0.31

Frequently asked questions about DNUT correlations

Which stocks are most correlated with DNUT?
Based on one year of daily returns, the stocks most correlated with Krispy Kreme, Inc. Common Stock (DNUT) are XRT (0.41), FXD (0.41) and RETL (0.40). 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 DNUT?
Over the past year, the stocks most inversely correlated with Krispy Kreme, Inc. Common Stock (DNUT) are EMTY (-0.38), HDGE (-0.35) and DWSH (-0.33). 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 DNUT correlations calculated?
We compute the correlation of daily returns between DNUT 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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