iShares U.S. Consumer Discretionary ETF (IYC) — Stock Correlations & Overview
Over the past year, IYC has moved most closely with FDIS, VCR, WANT. Explore the stocks most correlated and inversely correlated with IYC below, along with its price, financials, and company profile.
Stocks correlated with IYC
Correlation of daily returns. Higher positive values move with IYC; negative values move opposite it. Informational only, not investment advice.
Most correlated with IYC
| Symbol | Company | Correlation |
|---|---|---|
| FDIS | Fidelity MSCI Consumer Discretionary Index ETF | 0.95 |
| VCR | Vanguard Consumer Discretionary ETF | 0.95 |
| WANT | Direxion Daily Consumer Discretionary Bull 3X ETF | 0.94 |
| XLY | State Street Consumer Discretionary Select Sector SPDR ETF | 0.94 |
| UCC | ProShares Ultra Consumer Discretionary | 0.94 |
Most inversely correlated with IYC
| Symbol | Company | Correlation |
|---|---|---|
| SCC | ProShares UltraShort Consumer Discretionary | -0.94 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.80 |
| CARD | MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.79 |
| DXD | ProShares UltraShort Dow 30 | -0.74 |
| SDOW | ProShares UltraPro Short Dow 30 | -0.74 |
Frequently asked questions about IYC correlations
- Which stocks are most correlated with IYC?
- Based on one year of daily returns, the stocks most correlated with iShares U.S. Consumer Discretionary ETF (IYC) are FDIS (0.95), VCR (0.95) and WANT (0.94). 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 IYC?
- Over the past year, the stocks most inversely correlated with iShares U.S. Consumer Discretionary ETF (IYC) are SCC (-0.94), FLYD (-0.80) and CARD (-0.79). 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 IYC correlations calculated?
- We compute the correlation of daily returns between IYC 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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