Which stocks are most correlated with TRUD?

Based on one year of daily returns, the stocks most correlated with VanEck Consumer Discretionary TruSector ETF (TRUD) are GXPD (0.99), XLY (0.97) and UCC (0.97). 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 TRUD?

Over the past year, the stocks most inversely correlated with VanEck Consumer Discretionary TruSector ETF (TRUD) are SCC (-0.97), AMZD (-0.84) and QQQD (-0.83). A negative correlation means the two stocks have tended to move in opposite directions.

VanEck Consumer Discretionary TruSector ETF (TRUD) — Stock Correlations & Overview

Over the past year, TRUD has moved most closely with GXPD, XLY, UCC. Explore the stocks most correlated and inversely correlated with TRUD below, along with its price, financials, and company profile.

Stocks correlated with TRUD

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

Most correlated with TRUD

Symbol	Company	Correlation
GXPD	Global X PureCap MSCI Consumer Discretionary ETF	0.99
XLY	State Street Consumer Discretionary Select Sector SPDR ETF	0.97
UCC	ProShares Ultra Consumer Discretionary	0.97
WANT	Direxion Daily Consumer Discretionary Bull 3X ETF	0.97
VCR	Vanguard Consumer Discretionary ETF	0.96

Most inversely correlated with TRUD

Symbol	Company	Correlation
SCC	ProShares UltraShort Consumer Discretionary	-0.97
AMZD	Direxion Shares ETF Trust Direxion Daily AMZN Bear 1X ETF	-0.84
QQQD	Direxion Daily Magnificent 7 Bear 1X ETF	-0.83
SH	ProShares Short S&P500	-0.74
SDS	ProShares UltraShort S&P500	-0.74

Frequently asked questions about TRUD correlations

Which stocks are most correlated with TRUD?: Based on one year of daily returns, the stocks most correlated with VanEck Consumer Discretionary TruSector ETF (TRUD) are GXPD (0.99), XLY (0.97) and UCC (0.97). 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 TRUD?: Over the past year, the stocks most inversely correlated with VanEck Consumer Discretionary TruSector ETF (TRUD) are SCC (-0.97), AMZD (-0.84) and QQQD (-0.83). 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 TRUD correlations calculated?: We compute the correlation of daily returns between TRUD 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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