Which stocks are most correlated with KIO?

Based on one year of daily returns, the stocks most correlated with KKR INCOME OPPORTUNITIES FUND (KIO) are EAD (0.65), CEFD (0.65) and PCEF (0.63). 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 KIO?

Over the past year, the stocks most inversely correlated with KKR INCOME OPPORTUNITIES FUND (KIO) are SPXU (-0.55), SPXS (-0.55) and SDS (-0.55). A negative correlation means the two stocks have tended to move in opposite directions.

KKR INCOME OPPORTUNITIES FUND (KIO) — Stock Correlations & Overview

Over the past year, KIO has moved most closely with EAD, CEFD, PCEF. Explore the stocks most correlated and inversely correlated with KIO below, along with its price, financials, and company profile.

Stocks correlated with KIO

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

Most correlated with KIO

Symbol	Company	Correlation
EAD	Allspring Income Opportunities Fund	0.65
CEFD	ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN	0.65
PCEF	Invesco CEF Income Composite ETFINVESTMENT ADVICE	0.63
HYI	Western Asset High Yield Opportunity Fund Inc.	0.62
YYY	Amplify CEF High Income ETF	0.60

Most inversely correlated with KIO

Symbol	Company	Correlation
SPXU	ProShares UltraPro Short S&P 500	-0.55
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.55
SDS	ProShares UltraShort S&P500	-0.55
SH	ProShares Short S&P500	-0.55
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.53

Frequently asked questions about KIO correlations

Which stocks are most correlated with KIO?: Based on one year of daily returns, the stocks most correlated with KKR INCOME OPPORTUNITIES FUND (KIO) are EAD (0.65), CEFD (0.65) and PCEF (0.63). 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 KIO?: Over the past year, the stocks most inversely correlated with KKR INCOME OPPORTUNITIES FUND (KIO) are SPXU (-0.55), SPXS (-0.55) and SDS (-0.55). 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 KIO correlations calculated?: We compute the correlation of daily returns between KIO 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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