YieldMax NFLX Option Income Strategy ETF (NFLY) — Stock Correlations & Overview
Over the past year, NFLY has moved most closely with NFLX, NFXL, NFLU. Explore the stocks most correlated and inversely correlated with NFLY below, along with its price, financials, and company profile.
Stocks correlated with NFLY
Correlation of daily returns. Higher positive values move with NFLY; negative values move opposite it. Informational only, not investment advice.
Most correlated with NFLY
| Symbol | Company | Correlation |
|---|---|---|
| NFLX | NetFlix IncSERVICES-VIDEO TAPE RENTAL | 0.94 |
| NFXL | Direxion Shares ETF Trust Direxion Daily NFLX Bull 2X ETF | 0.94 |
| NFLU | T-Rex 2X Long NFLX Daily Target ETF | 0.94 |
| NFLW | Roundhill NFLX WeeklyPay ETF | 0.93 |
| NFLP | Kurv Yield Premium Strategy Netflix (NFLX) ETF | 0.92 |
Most inversely correlated with NFLY
| Symbol | Company | Correlation |
|---|---|---|
| NFXS | Direxion Shares ETF Trust Direxion Daily NFLX Bear 1X ETF | -0.94 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.34 |
| XPOF | Xponential Fitness, Inc.SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION | -0.28 |
| VICR | Vicor CorpELECTRONIC COMPONENTS, NEC | -0.27 |
| ACA | Arcosa, Inc. Common StockFABRICATED STRUCTURAL METAL PRODUCTS | -0.27 |
Frequently asked questions about NFLY correlations
- Which stocks are most correlated with NFLY?
- Based on one year of daily returns, the stocks most correlated with YieldMax NFLX Option Income Strategy ETF (NFLY) are NFLX (0.94), NFXL (0.94) and NFLU (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 NFLY?
- Over the past year, the stocks most inversely correlated with YieldMax NFLX Option Income Strategy ETF (NFLY) are NFXS (-0.94), WEBS (-0.34) and XPOF (-0.28). 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 NFLY correlations calculated?
- We compute the correlation of daily returns between NFLY 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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