Which stocks are most correlated with SPWH?

Based on one year of daily returns, the stocks most correlated with Sportsman's Warehouse Holdings, Inc. (SPWH) are ZD (0.36), PSCU (0.34) and KJAN (0.32). 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 SPWH?

Over the past year, the stocks most inversely correlated with Sportsman's Warehouse Holdings, Inc. (SPWH) are RWM (-0.31), TZA (-0.31) and SRTY (-0.31). A negative correlation means the two stocks have tended to move in opposite directions.

Sportsman's Warehouse Holdings, Inc. (SPWH) — Stock Correlations & Overview

Over the past year, SPWH has moved most closely with ZD, PSCU, KJAN. Explore the stocks most correlated and inversely correlated with SPWH below, along with its price, financials, and company profile.

Stocks correlated with SPWH

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

Most correlated with SPWH

Symbol	Company	Correlation
ZD	Ziff Davis, Inc. Common StockTELEGRAPH & OTHER MESSAGE COMMUNICATIONS	0.36
PSCU	Invesco Exchange-Traded Fund Trust II Invesco S&P SmallCap Utilities & Communication Services ETFINVESTMENT ADVICE	0.34
KJAN	Innovator U.S. Small Cap Power Buffer ETF - January	0.32
CPRY	Calamos Russell 2000 Structured Alt Protection ETF - January	0.32
SNOV	FT Vest U.S. Small Cap Moderate Buffer ETF - November	0.32

Most inversely correlated with SPWH

Symbol	Company	Correlation
RWM	ProShares Short Russell2000	-0.31
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.31
SRTY	ProShares UltraPro Short Russell2000	-0.31
TWM	ProShares UltraShort Russell2000	-0.30
TGL	Treasure Global Inc. Common StockSERVICES-BUSINESS SERVICES, NEC	-0.29

Frequently asked questions about SPWH correlations

Which stocks are most correlated with SPWH?: Based on one year of daily returns, the stocks most correlated with Sportsman's Warehouse Holdings, Inc. (SPWH) are ZD (0.36), PSCU (0.34) and KJAN (0.32). 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 SPWH?: Over the past year, the stocks most inversely correlated with Sportsman's Warehouse Holdings, Inc. (SPWH) are RWM (-0.31), TZA (-0.31) and SRTY (-0.31). 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 SPWH correlations calculated?: We compute the correlation of daily returns between SPWH 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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