Which stocks are most correlated with PFLD?

Based on one year of daily returns, the stocks most correlated with AAM Low Duration Preferred and Income Securities ETF (PFLD) are AOHY (0.50), FPFD (0.50) and BNDS (0.46). 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 PFLD?

Over the past year, the stocks most inversely correlated with AAM Low Duration Preferred and Income Securities ETF (PFLD) are TWM (-0.36), CARD (-0.36) and SMDD (-0.36). A negative correlation means the two stocks have tended to move in opposite directions.

AAM Low Duration Preferred and Income Securities ETF (PFLD) — Stock Correlations & Overview

Over the past year, PFLD has moved most closely with AOHY, FPFD, BNDS. Explore the stocks most correlated and inversely correlated with PFLD below, along with its price, financials, and company profile.

Stocks correlated with PFLD

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

Most correlated with PFLD

Symbol	Company	Correlation
AOHY	Angel Oak High Yield Opportunities ETF	0.50
FPFD	Fidelity Preferred Securities & Income ETF	0.50
BNDS	Infrastructure Capital Bond Income ETF	0.46
KHPI	Kensington Hedged Premium Income ETF	0.46
GPJA	Georgia Power Company Series 2017A 5.00 Percent Junior Subordinated Notes due October 1, 2077ELECTRIC SERVICES	0.45

Most inversely correlated with PFLD

Symbol	Company	Correlation
TWM	ProShares UltraShort Russell2000	-0.36
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.36
SMDD	ProShares UltraPro Short MidCap400	-0.36
SRTY	ProShares UltraPro Short Russell2000	-0.36
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.36

Frequently asked questions about PFLD correlations

Which stocks are most correlated with PFLD?: Based on one year of daily returns, the stocks most correlated with AAM Low Duration Preferred and Income Securities ETF (PFLD) are AOHY (0.50), FPFD (0.50) and BNDS (0.46). 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 PFLD?: Over the past year, the stocks most inversely correlated with AAM Low Duration Preferred and Income Securities ETF (PFLD) are TWM (-0.36), CARD (-0.36) and SMDD (-0.36). 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 PFLD correlations calculated?: We compute the correlation of daily returns between PFLD 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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