Which stocks are most correlated with EDOG?

Based on one year of daily returns, the stocks most correlated with ALPS Emerging Sector Dividend Dogs ETF (EDOG) are JPEM (0.68), FEGE (0.67) and SDEM (0.67). 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 EDOG?

Over the past year, the stocks most inversely correlated with ALPS Emerging Sector Dividend Dogs ETF (EDOG) are EPV (-0.62), EFZ (-0.61) and EFU (-0.60). A negative correlation means the two stocks have tended to move in opposite directions.

ALPS Emerging Sector Dividend Dogs ETF (EDOG) — Stock Correlations & Overview

Over the past year, EDOG has moved most closely with JPEM, FEGE, SDEM. Explore the stocks most correlated and inversely correlated with EDOG below, along with its price, financials, and company profile.

Stocks correlated with EDOG

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

Most correlated with EDOG

Symbol	Company	Correlation
JPEM	JPMorgan Diversified Return Emerging Markets Equity ETF	0.68
FEGE	First Eagle Global Equity ETF	0.67
SDEM	Global X MSCI SuperDividend Emerging Markets ETF	0.67
RNEM	First Trust Emerging Markets Equity Select ETF	0.67
VYMI	Vanguard International High Dividend Yield ETF	0.66

Most inversely correlated with EDOG

Symbol	Company	Correlation
EPV	ProShares UltraShort FTSE Europe	-0.62
EFZ	ProShares Trust Short MSCI EAFE	-0.61
EFU	ProShares Trust UltraShort MSCI EAFE	-0.60
JDST	Direxion Daily Junior Gold Miners Index Bear 2X ETF	-0.58
DUST	Direxion Daily Gold Miners Index Bear 2X ETF	-0.57

Frequently asked questions about EDOG correlations

Which stocks are most correlated with EDOG?: Based on one year of daily returns, the stocks most correlated with ALPS Emerging Sector Dividend Dogs ETF (EDOG) are JPEM (0.68), FEGE (0.67) and SDEM (0.67). 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 EDOG?: Over the past year, the stocks most inversely correlated with ALPS Emerging Sector Dividend Dogs ETF (EDOG) are EPV (-0.62), EFZ (-0.61) and EFU (-0.60). 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 EDOG correlations calculated?: We compute the correlation of daily returns between EDOG 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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