Which stocks are most correlated with SDCP?

Based on one year of daily returns, the stocks most correlated with Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) are PCLO (0.67), SEIX (0.61) and VABS (0.60). 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 SDCP?

Over the past year, the stocks most inversely correlated with Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) are PST (-0.37), TYO (-0.37) and PFIX (-0.36). A negative correlation means the two stocks have tended to move in opposite directions.

Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) — Stock Correlations & Overview

Over the past year, SDCP has moved most closely with PCLO, SEIX, VABS. Explore the stocks most correlated and inversely correlated with SDCP below, along with its price, financials, and company profile.

Stocks correlated with SDCP

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

Most correlated with SDCP

Symbol	Company	Correlation
PCLO	VIRTUS SEIX AAA Private Credit CLO ETF	0.67
SEIX	Virtus SEIX Senior Loan ETF	0.61
VABS	Virtus Newfleet ABS/MBS ETF	0.60
VEMY	Virtus Stone Harbor Emerging Markets High Yield Bond ETF	0.58
GTOS	Invesco Short Duration Total Return Bond ETF	0.55

Most inversely correlated with SDCP

Symbol	Company	Correlation
PST	ProShares Trust UltraShort Lehman 7-10 Year Treasury	-0.37
TYO	Direxion Daily 7-10 Year Treasury Bear 3X ETF	-0.37
PFIX	Simplify Interest Rate Hedge ETF	-0.36
TBF	ProShares Short 20+ Year Treasury ETF	-0.36
TBX	ProShares Short 7-10 Year Treasury	-0.35

Frequently asked questions about SDCP correlations

Which stocks are most correlated with SDCP?: Based on one year of daily returns, the stocks most correlated with Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) are PCLO (0.67), SEIX (0.61) and VABS (0.60). 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 SDCP?: Over the past year, the stocks most inversely correlated with Virtus Newfleet Short Duration Core Plus Bond ETF (SDCP) are PST (-0.37), TYO (-0.37) and PFIX (-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 SDCP correlations calculated?: We compute the correlation of daily returns between SDCP 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.