Which stocks are most correlated with GDVpK?

Based on one year of daily returns, the stocks most correlated with The Gabelli Dividend & Income Trust 4.250% Series K Cumulative Preferred Shares (GDVpK) are GABpH (0.37), COFpK (0.36) and GGNpB (0.36). 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 GDVpK?

Over the past year, the stocks most inversely correlated with The Gabelli Dividend & Income Trust 4.250% Series K Cumulative Preferred Shares (GDVpK) are JETD (-0.27), FLYD (-0.27) and SCC (-0.25). A negative correlation means the two stocks have tended to move in opposite directions.

The Gabelli Dividend & Income Trust 4.250% Series K Cumulative Preferred Shares (GDVpK) — Stock Correlations & Overview

Over the past year, GDVpK has moved most closely with GABpH, COFpK, GGNpB. Explore the stocks most correlated and inversely correlated with GDVpK below, along with its price, financials, and company profile.

Stocks correlated with GDVpK

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

Most correlated with GDVpK

Symbol	Company	Correlation
GABpH	THE GABELLI EQUITY TRUST INC. 5.00% Series H Cumulative Preferred Stock	0.37
COFpK	Capital One Financial Corporation Depositary Shares, Each Representing a 1/40th Ownership Interest in a Share of Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series KNATIONAL COMMERCIAL BANKS	0.36
GGNpB	GAMCO Global Gold Natural Resources & Income Trust 5.00% Series B	0.36
CFGpE	Citizens Financial Group, Inc.Depositary Shares Each Representing 1/40th Interest in a Share of 5.000% Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series ESTATE COMMERCIAL BANKS	0.35
FPFD	Fidelity Preferred Securities & Income ETF	0.34

Most inversely correlated with GDVpK

Symbol	Company	Correlation
JETD	MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.27
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.27
SCC	ProShares UltraShort Consumer Discretionary	-0.25
MZZ	ProShares UltraShort MidCap400	-0.25
SBB	ProShares Short SmallCap600	-0.24

Frequently asked questions about GDVpK correlations

Which stocks are most correlated with GDVpK?: Based on one year of daily returns, the stocks most correlated with The Gabelli Dividend & Income Trust 4.250% Series K Cumulative Preferred Shares (GDVpK) are GABpH (0.37), COFpK (0.36) and GGNpB (0.36). 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 GDVpK?: Over the past year, the stocks most inversely correlated with The Gabelli Dividend & Income Trust 4.250% Series K Cumulative Preferred Shares (GDVpK) are JETD (-0.27), FLYD (-0.27) and SCC (-0.25). 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 GDVpK correlations calculated?: We compute the correlation of daily returns between GDVpK 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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