Which stocks are most correlated with SLJY?

Based on one year of daily returns, the stocks most correlated with Amplify SILJ Junior Silver Miners Covered Call ETF (SLJY) are SILJ (0.96), SIL (0.96) and SLVP (0.96). 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 SLJY?

Over the past year, the stocks most inversely correlated with Amplify SILJ Junior Silver Miners Covered Call ETF (SLJY) are JDST (-0.94), DUST (-0.93) and GDXD (-0.93). A negative correlation means the two stocks have tended to move in opposite directions.

Amplify SILJ Junior Silver Miners Covered Call ETF (SLJY) — Stock Correlations & Overview

Over the past year, SLJY has moved most closely with SILJ, SIL, SLVP. Explore the stocks most correlated and inversely correlated with SLJY below, along with its price, financials, and company profile.

Stocks correlated with SLJY

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

Most correlated with SLJY

Symbol	Company	Correlation
SILJ	Amplify Junior Silver Miners ETF	0.96
SIL	Global X Silver Miners ETF (NEW)	0.96
SLVP	iShares MSCI Global Silver and Metals Miners ETF	0.96
SLVR	Sprott Silver Miners & Physical Silver ETFBLANK CHECKS	0.96
AGMI	Themes Silver Miners ETF	0.95

Most inversely correlated with SLJY

Symbol	Company	Correlation
JDST	Direxion Daily Junior Gold Miners Index Bear 2X ETF	-0.94
DUST	Direxion Daily Gold Miners Index Bear 2X ETF	-0.93
GDXD	MicroSectors Gold Miners -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.93
ZSL	ProShares UltraShort SilverCOMMODITY CONTRACTS BROKERS & DEALERS	-0.85
DULL	MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.83

Frequently asked questions about SLJY correlations

Which stocks are most correlated with SLJY?: Based on one year of daily returns, the stocks most correlated with Amplify SILJ Junior Silver Miners Covered Call ETF (SLJY) are SILJ (0.96), SIL (0.96) and SLVP (0.96). 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 SLJY?: Over the past year, the stocks most inversely correlated with Amplify SILJ Junior Silver Miners Covered Call ETF (SLJY) are JDST (-0.94), DUST (-0.93) and GDXD (-0.93). 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 SLJY correlations calculated?: We compute the correlation of daily returns between SLJY 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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