Which stocks are most correlated with GNLpD?

Based on one year of daily returns, the stocks most correlated with Global Net Lease, Inc. 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock (GNLpD) are GNLpA (0.56), GNLpE (0.51) and JILL (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 GNLpD?

Over the past year, the stocks most inversely correlated with Global Net Lease, Inc. 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock (GNLpD) are SCC (-0.26), VXZ (-0.24) and NEXT (-0.21). A negative correlation means the two stocks have tended to move in opposite directions.

Global Net Lease, Inc. 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock (GNLpD) — Stock Correlations & Overview

Over the past year, GNLpD has moved most closely with GNLpA, GNLpE, JILL. Explore the stocks most correlated and inversely correlated with GNLpD below, along with its price, financials, and company profile.

Stocks correlated with GNLpD

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

Most correlated with GNLpD

Symbol	Company	Correlation
GNLpA	Global Net Lease, Inc. 7.25% Series A Cumulative Redeemable Preferred Stock, $0.01 par value per shareREAL ESTATE INVESTMENT TRUSTS	0.56
GNLpE	Global Net Lease, Inc. 7.375% Series E Cumulative Redeemable Perpetual Preferred StockREAL ESTATE INVESTMENT TRUSTS	0.51
JILL	J.Jill, Inc. Common StockWOMEN'S, MISSES', AND JUNIORS OUTERWEAR	0.36
UCAR	U Power Limited Class A Ordinary Shares	0.35
MSBIP	Midland States Bancorp, Inc. Depositary Shares Each Representing a 1/40th Interest in a Share of 7.750% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series ASTATE COMMERCIAL BANKS	0.35

Most inversely correlated with GNLpD

Symbol	Company	Correlation
SCC	ProShares UltraShort Consumer Discretionary	-0.26
VXZ	iPath Series B S&P 500 VIX Mid-Term Futures ETN	-0.24
NEXT	NextDecade Corporation Common StockNATURAL GAS TRANSMISSION & DISTRIBUTION	-0.21
QQQD	Direxion Daily Magnificent 7 Bear 1X ETF	-0.20
VIXM	ProShares VIX Mid-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	-0.20

Frequently asked questions about GNLpD correlations

Which stocks are most correlated with GNLpD?: Based on one year of daily returns, the stocks most correlated with Global Net Lease, Inc. 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock (GNLpD) are GNLpA (0.56), GNLpE (0.51) and JILL (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 GNLpD?: Over the past year, the stocks most inversely correlated with Global Net Lease, Inc. 7.50% Series D Cumulative Redeemable Perpetual Preferred Stock (GNLpD) are SCC (-0.26), VXZ (-0.24) and NEXT (-0.21). 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 GNLpD correlations calculated?: We compute the correlation of daily returns between GNLpD 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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