Gaming and Leisure Properties, Inc. (GLPI) — Stock Correlations & Overview
Over the past year, GLPI has moved most closely with VICI, NETL, FREL. Explore the stocks most correlated and inversely correlated with GLPI below, along with its price, financials, and company profile.
Stocks correlated with GLPI
Correlation of daily returns. Higher positive values move with GLPI; negative values move opposite it. Informational only, not investment advice.
Most correlated with GLPI
| Symbol | Company | Correlation |
|---|---|---|
| VICI | VICI Properties Inc. Common StockREAL ESTATE INVESTMENT TRUSTS | 0.75 |
| NETL | Colterpoint Net Lease Real Estate ETF | 0.69 |
| FREL | Fidelity MSCI Real Estate Index ETF | 0.60 |
| ADC | Agree Realty CorporationREAL ESTATE INVESTMENT TRUSTS | 0.59 |
| XMLV | Invesco S&P MidCap Low Volatility ETFINVESTMENT ADVICE | 0.59 |
Frequently asked questions about GLPI correlations
- Which stocks are most correlated with GLPI?
- Based on one year of daily returns, the stocks most correlated with Gaming and Leisure Properties, Inc. (GLPI) are VICI (0.75), NETL (0.69) and FREL (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 GLPI?
- Over the past year, the stocks most inversely correlated with Gaming and Leisure Properties, Inc. (GLPI) are DRV (-0.57), REK (-0.56) and SRS (-0.56). 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 GLPI correlations calculated?
- We compute the correlation of daily returns between GLPI 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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