ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) — Stock Correlations & Overview
Over the past year, TOLZ has moved most closely with RIFR, EMLP, FPWR. Explore the stocks most correlated and inversely correlated with TOLZ below, along with its price, financials, and company profile.
Stocks correlated with TOLZ
Correlation of daily returns. Higher positive values move with TOLZ; negative values move opposite it. Informational only, not investment advice.
Most correlated with TOLZ
| Symbol | Company | Correlation |
|---|---|---|
| RIFR | Russell Investments Exchange Traded Funds Russell Investments Global Infrastructure ETF | 0.85 |
| EMLP | First Trust North American Energy Infrastructure Fund | 0.83 |
| FPWR | First Trust EIP Power Solutions ETF | 0.79 |
| BILT | iShares Infrastructure Active ETF | 0.78 |
| IGF | iShares Global Infrastructure ETF | 0.78 |
Frequently asked questions about TOLZ correlations
- Which stocks are most correlated with TOLZ?
- Based on one year of daily returns, the stocks most correlated with ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) are RIFR (0.85), EMLP (0.83) and FPWR (0.79). 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 TOLZ?
- Over the past year, the stocks most inversely correlated with ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) are SDP (-0.65), DRV (-0.61) and SRS (-0.60). 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 TOLZ correlations calculated?
- We compute the correlation of daily returns between TOLZ 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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