Sprott Inc. (SII) — Stock Correlations & Overview
Over the past year, SII has moved most closely with GDXY, GOAU, GDXJ. Explore the stocks most correlated and inversely correlated with SII below, along with its price, financials, and company profile.
Stocks correlated with SII
Correlation of daily returns. Higher positive values move with SII; negative values move opposite it. Informational only, not investment advice.
Most correlated with SII
| Symbol | Company | Correlation |
|---|---|---|
| GDXY | YieldMax Gold Miners Option Income Strategy ETF | 0.72 |
| GOAU | US Global GO Gold and Precious Metal Miners ETF | 0.72 |
| GDXJ | VanEck Junior Gold Miners ETF | 0.72 |
| JNUG | Direxion Daily Junior Gold Miners Index Bull 2X ETF | 0.71 |
| GDX | VanEck Gold Miners ETF | 0.71 |
Most inversely correlated with SII
| Symbol | Company | Correlation |
|---|---|---|
| GDXD | MicroSectors Gold Miners -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.72 |
| JDST | Direxion Daily Junior Gold Miners Index Bear 2X ETF | -0.72 |
| DUST | Direxion Daily Gold Miners Index Bear 2X ETF | -0.72 |
| DULL | MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.64 |
| GLL | ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS | -0.63 |
Frequently asked questions about SII correlations
- Which stocks are most correlated with SII?
- Based on one year of daily returns, the stocks most correlated with Sprott Inc. (SII) are GDXY (0.72), GOAU (0.72) and GDXJ (0.72). 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 SII?
- Over the past year, the stocks most inversely correlated with Sprott Inc. (SII) are GDXD (-0.72), JDST (-0.72) and DUST (-0.72). 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 SII correlations calculated?
- We compute the correlation of daily returns between SII 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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