Travel + Leisure Co. (TNL) — Stock Correlations & Overview
Over the past year, TNL has moved most closely with HGV, FXD, FLYU. Explore the stocks most correlated and inversely correlated with TNL below, along with its price, financials, and company profile.
Stocks correlated with TNL
Correlation of daily returns. Higher positive values move with TNL; negative values move opposite it. Informational only, not investment advice.
Most correlated with TNL
| Symbol | Company | Correlation |
|---|---|---|
| HGV | Hilton Grand Vacations Inc. Common StockHOTELS, ROOMING HOUSES, CAMPS & OTHER LODGING PLACES | 0.70 |
| FXD | First Trust Consumer Discretionary AlphaDEX Fund | 0.63 |
| FLYU | MicroSectors Travel 3x Leveraged ETNCOMMERCIAL BANKS, NEC | 0.62 |
| IHG | InterContinental Hotels Group Plc | 0.61 |
| H | Hyatt Hotels CorporationHOTELS & MOTELS | 0.60 |
Most inversely correlated with TNL
| Symbol | Company | Correlation |
|---|---|---|
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.61 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.51 |
| SBB | ProShares Short SmallCap600 | -0.47 |
| SDD | ProShares UltraShort SmallCap600 | -0.47 |
| SMDD | ProShares UltraPro Short MidCap400 | -0.45 |
Frequently asked questions about TNL correlations
- Which stocks are most correlated with TNL?
- Based on one year of daily returns, the stocks most correlated with Travel + Leisure Co. (TNL) are HGV (0.70), FXD (0.63) and FLYU (0.62). 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 TNL?
- Over the past year, the stocks most inversely correlated with Travel + Leisure Co. (TNL) are FLYD (-0.61), JETD (-0.51) and SBB (-0.47). 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 TNL correlations calculated?
- We compute the correlation of daily returns between TNL 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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