Which stocks are most correlated with FLC?

Based on one year of daily returns, the stocks most correlated with Flaherty & Crumrine Total Return Fund Incorporated (FLC) are DFP (0.72), FFC (0.72) and PFO (0.66). 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 FLC?

Over the past year, the stocks most inversely correlated with Flaherty & Crumrine Total Return Fund Incorporated (FLC) are SPXS (-0.51), SPXU (-0.51) and SCC (-0.51). A negative correlation means the two stocks have tended to move in opposite directions.

Flaherty & Crumrine Total Return Fund Incorporated (FLC) — Stock Correlations & Overview

Over the past year, FLC has moved most closely with DFP, FFC, PFO. Explore the stocks most correlated and inversely correlated with FLC below, along with its price, financials, and company profile.

Stocks correlated with FLC

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

Most correlated with FLC

Symbol	Company	Correlation
DFP	FLAHERTY & CRUMRINE DYNAMIC PREFERRED AND INCOME FUND INCORPORATED	0.72
FFC	Flaherty & Crumrine Preferred and Income Securities Fund Incorporated	0.72
PFO	Flaherty & Crumrine Preferred and Income Opportunity Fund Incorporated	0.66
LDP	COHEN & STEERS LIMITED DURATION PREFERRED AND INCOME FUND INC	0.66
PCEF	Invesco CEF Income Composite ETFINVESTMENT ADVICE	0.65

Most inversely correlated with FLC

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.51
SPXU	ProShares UltraPro Short S&P 500	-0.51
SCC	ProShares UltraShort Consumer Discretionary	-0.51
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.50
SDS	ProShares UltraShort S&P500	-0.50

Frequently asked questions about FLC correlations

Which stocks are most correlated with FLC?: Based on one year of daily returns, the stocks most correlated with Flaherty & Crumrine Total Return Fund Incorporated (FLC) are DFP (0.72), FFC (0.72) and PFO (0.66). 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 FLC?: Over the past year, the stocks most inversely correlated with Flaherty & Crumrine Total Return Fund Incorporated (FLC) are SPXS (-0.51), SPXU (-0.51) and SCC (-0.51). 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 FLC correlations calculated?: We compute the correlation of daily returns between FLC 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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