Which stocks are most correlated with FOF?

Based on one year of daily returns, the stocks most correlated with Cohen & Steers Closed End Opportunity Fund (FOF) are FCEF (0.65), CCEF (0.60) and RGT (0.60). 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 FOF?

Over the past year, the stocks most inversely correlated with Cohen & Steers Closed End Opportunity Fund (FOF) are EPV (-0.55), SPXU (-0.53) and SH (-0.53). A negative correlation means the two stocks have tended to move in opposite directions.

Cohen & Steers Closed End Opportunity Fund (FOF) — Stock Correlations & Overview

Over the past year, FOF has moved most closely with FCEF, CCEF, RGT. Explore the stocks most correlated and inversely correlated with FOF below, along with its price, financials, and company profile.

Stocks correlated with FOF

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

Most correlated with FOF

Symbol	Company	Correlation
FCEF	First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF	0.65
CCEF	Calamos CEF Income & Arbitrage ETF	0.60
RGT	Royce Global Trust, Inc.	0.60
PCEF	Invesco CEF Income Composite ETFINVESTMENT ADVICE	0.60
AVDS	Avantis International Small Cap Equity ETF	0.59

Most inversely correlated with FOF

Symbol	Company	Correlation
EPV	ProShares UltraShort FTSE Europe	-0.55
SPXU	ProShares UltraPro Short S&P 500	-0.53
SH	ProShares Short S&P500	-0.53
SDS	ProShares UltraShort S&P500	-0.53
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.53

Frequently asked questions about FOF correlations

Which stocks are most correlated with FOF?: Based on one year of daily returns, the stocks most correlated with Cohen & Steers Closed End Opportunity Fund (FOF) are FCEF (0.65), CCEF (0.60) and RGT (0.60). 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 FOF?: Over the past year, the stocks most inversely correlated with Cohen & Steers Closed End Opportunity Fund (FOF) are EPV (-0.55), SPXU (-0.53) and SH (-0.53). 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 FOF correlations calculated?: We compute the correlation of daily returns between FOF 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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