VIRTUS SEIX AAA Private Credit CLO ETF (PCLO) — Stock Correlations & Overview
Over the past year, PCLO has moved most closely with SDCP, SEIX, VABS. Explore the stocks most correlated and inversely correlated with PCLO below, along with its price, financials, and company profile.
Stocks correlated with PCLO
Correlation of daily returns. Higher positive values move with PCLO; negative values move opposite it. Informational only, not investment advice.
Most correlated with PCLO
| Symbol | Company | Correlation |
|---|---|---|
| SDCP | Virtus Newfleet Short Duration Core Plus Bond ETF | 0.67 |
| SEIX | Virtus SEIX Senior Loan ETF | 0.65 |
| VABS | Virtus Newfleet ABS/MBS ETF | 0.53 |
| TBLL | Invesco Short Term Treasury ETF | 0.52 |
| VRIG | Invesco Variable Rate Investment Grade ETF | 0.48 |
Most inversely correlated with PCLO
| Symbol | Company | Correlation |
|---|---|---|
| ANNA | AleAnna, Inc. Class A Common StockCRUDE PETROLEUM & NATURAL GAS | -0.26 |
| IMVT | Immunovant, Inc. Common StockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.23 |
| GORO | Goldgroup Mining Inc. | -0.23 |
| MBX | MBX Biosciences, Inc. Common StockPHARMACEUTICAL PREPARATIONS | -0.22 |
| RIGS | ALPS Strategic Income Fund | -0.21 |
Frequently asked questions about PCLO correlations
- Which stocks are most correlated with PCLO?
- Based on one year of daily returns, the stocks most correlated with VIRTUS SEIX AAA Private Credit CLO ETF (PCLO) are SDCP (0.67), SEIX (0.65) and VABS (0.53). 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 PCLO?
- Over the past year, the stocks most inversely correlated with VIRTUS SEIX AAA Private Credit CLO ETF (PCLO) are ANNA (-0.26), IMVT (-0.23) and GORO (-0.23). 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 PCLO correlations calculated?
- We compute the correlation of daily returns between PCLO 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.