Which stocks are most correlated with GDV?

Based on one year of daily returns, the stocks most correlated with The Gabelli Dividend & Income Trust (GDV) are URTH (0.83), JHML (0.83) and FCEF (0.82). 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 GDV?

Over the past year, the stocks most inversely correlated with The Gabelli Dividend & Income Trust (GDV) are SPXS (-0.81), SPXU (-0.81) and SPDN (-0.80). A negative correlation means the two stocks have tended to move in opposite directions.

The Gabelli Dividend & Income Trust (GDV) — Stock Correlations & Overview

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

Stocks correlated with GDV

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

Most correlated with GDV

Symbol	Company	Correlation
URTH	iShares MSCI World ETF	0.83
JHML	John Hancock Multifactor Large Cap ETF	0.83
FCEF	First Trust Exchange-Traded Fund VIII First Trust Income Opportunities ETF	0.82
TILT	Northern Trust Morningstar US Market Factor Tilt ETF	0.82
TOK	iShares MSCI Kokusai Fund	0.82

Most inversely correlated with GDV

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.81
SPXU	ProShares UltraPro Short S&P 500	-0.81
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.80
SDS	ProShares UltraShort S&P500	-0.80
SH	ProShares Short S&P500	-0.80

Frequently asked questions about GDV correlations

Which stocks are most correlated with GDV?: Based on one year of daily returns, the stocks most correlated with The Gabelli Dividend & Income Trust (GDV) are URTH (0.83), JHML (0.83) and FCEF (0.82). 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 GDV?: Over the past year, the stocks most inversely correlated with The Gabelli Dividend & Income Trust (GDV) are SPXS (-0.81), SPXU (-0.81) and SPDN (-0.80). 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 GDV correlations calculated?: We compute the correlation of daily returns between GDV 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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