Which stocks are most correlated with RLY?

Based on one year of daily returns, the stocks most correlated with State Street Multi-Asset Real Return ETF (RLY) are GUNR (0.90), NRES (0.90) and GNR (0.90). 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 RLY?

Over the past year, the stocks most inversely correlated with State Street Multi-Asset Real Return ETF (RLY) are GLL (-0.67), ZSL (-0.66) and DULL (-0.66). A negative correlation means the two stocks have tended to move in opposite directions.

State Street Multi-Asset Real Return ETF (RLY) — Stock Correlations & Overview

Over the past year, RLY has moved most closely with GUNR, NRES, GNR. Explore the stocks most correlated and inversely correlated with RLY below, along with its price, financials, and company profile.

Stocks correlated with RLY

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

Most correlated with RLY

Symbol	Company	Correlation
GUNR	Northern Trust Morningstar Global Upstream Natural Resources ETF	0.90
NRES	Xtrackers RREEF Global Natural Resources ETF	0.90
GNR	State Street SPDR S&P Global Natural Resources ETF	0.90
TURF	T. Rowe Price Natural Resource ETF	0.89
NANR	State Street SPDR S&P North American Natural Resources ETF	0.89

Most inversely correlated with RLY

Symbol	Company	Correlation
GLL	ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS	-0.67
ZSL	ProShares UltraShort SilverCOMMODITY CONTRACTS BROKERS & DEALERS	-0.66
DULL	MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.66
DUST	Direxion Daily Gold Miners Index Bear 2X ETF	-0.63
JDST	Direxion Daily Junior Gold Miners Index Bear 2X ETF	-0.62

Frequently asked questions about RLY correlations

Which stocks are most correlated with RLY?: Based on one year of daily returns, the stocks most correlated with State Street Multi-Asset Real Return ETF (RLY) are GUNR (0.90), NRES (0.90) and GNR (0.90). 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 RLY?: Over the past year, the stocks most inversely correlated with State Street Multi-Asset Real Return ETF (RLY) are GLL (-0.67), ZSL (-0.66) and DULL (-0.66). 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 RLY correlations calculated?: We compute the correlation of daily returns between RLY 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.