Blue Owl Capital Inc. (OWL) — Stock Correlations & Overview
Over the past year, OWL has moved most closely with LBO, GPZ, ARES. Explore the stocks most correlated and inversely correlated with OWL below, along with its price, financials, and company profile.
Stocks correlated with OWL
Correlation of daily returns. Higher positive values move with OWL; negative values move opposite it. Informational only, not investment advice.
Most correlated with OWL
| Symbol | Company | Correlation |
|---|---|---|
| LBO | WHITEWOLF Publicly Listed Private Equity ETF | 0.82 |
| GPZ | VanEck Alternative Asset Manager ETF | 0.81 |
| ARES | Ares Management Corporation Class A Common StockINVESTMENT ADVICE | 0.78 |
| ARESpB | Ares Management Corporation 6.75% Series B Mandatory Convertible Preferred StockINVESTMENT ADVICE | 0.77 |
| PSP | Invesco Global Listed Private Equity ETF | 0.76 |
Most inversely correlated with OWL
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.49 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.47 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.47 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.47 |
| TWM | ProShares UltraShort Russell2000 | -0.47 |
Frequently asked questions about OWL correlations
- Which stocks are most correlated with OWL?
- Based on one year of daily returns, the stocks most correlated with Blue Owl Capital Inc. (OWL) are LBO (0.82), GPZ (0.81) and ARES (0.78). 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 OWL?
- Over the past year, the stocks most inversely correlated with Blue Owl Capital Inc. (OWL) are HDGE (-0.49), TZA (-0.47) and SARK (-0.47). 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 OWL correlations calculated?
- We compute the correlation of daily returns between OWL 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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