Which stocks are most correlated with STK?

Based on one year of daily returns, the stocks most correlated with Columbia Seligman Premium Technology Growth Fund, Inc. (STK) are QTUM (0.86), TRFM (0.86) and XNTK (0.85). 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 STK?

Over the past year, the stocks most inversely correlated with Columbia Seligman Premium Technology Growth Fund, Inc. (STK) are REW (-0.84), TECS (-0.84) and QID (-0.84). A negative correlation means the two stocks have tended to move in opposite directions.

Columbia Seligman Premium Technology Growth Fund, Inc. (STK) — Stock Correlations & Overview

Over the past year, STK has moved most closely with QTUM, TRFM, XNTK. Explore the stocks most correlated and inversely correlated with STK below, along with its price, financials, and company profile.

Stocks correlated with STK

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

Most correlated with STK

Symbol	Company	Correlation
QTUM	Defiance Quantum ETF	0.86
TRFM	AAM Transformers ETF	0.86
XNTK	State Street SPDR NYSE Technology ETF	0.85
IGM	iShares Expanded Tech Sector ETF	0.85
GQQQ	Astoria US Quality Growth Kings ETF	0.85

Most inversely correlated with STK

Symbol	Company	Correlation
REW	Proshares UltraShort Technology	-0.84
TECS	Direxion Daily Technology Bear 3x ETF	-0.84
QID	ProShares UltraShort QQQ	-0.84
SQQQ	ProShares UltraPro Short QQQ	-0.84
PSQ	ProShares Short QQQ	-0.84

Frequently asked questions about STK correlations

Which stocks are most correlated with STK?: Based on one year of daily returns, the stocks most correlated with Columbia Seligman Premium Technology Growth Fund, Inc. (STK) are QTUM (0.86), TRFM (0.86) and XNTK (0.85). 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 STK?: Over the past year, the stocks most inversely correlated with Columbia Seligman Premium Technology Growth Fund, Inc. (STK) are REW (-0.84), TECS (-0.84) and QID (-0.84). 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 STK correlations calculated?: We compute the correlation of daily returns between STK 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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