Which stocks are most correlated with UCC?

Based on one year of daily returns, the stocks most correlated with ProShares Ultra Consumer Discretionary (UCC) are XLY (1.00), WANT (1.00) and FDIS (0.99). 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 UCC?

Over the past year, the stocks most inversely correlated with ProShares Ultra Consumer Discretionary (UCC) are SCC (-0.99), QQQD (-0.81) and CARD (-0.78). A negative correlation means the two stocks have tended to move in opposite directions.

ProShares Ultra Consumer Discretionary (UCC) — Stock Correlations & Overview

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

Stocks correlated with UCC

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

Most correlated with UCC

Symbol	Company	Correlation
XLY	State Street Consumer Discretionary Select Sector SPDR ETF	1.00
WANT	Direxion Daily Consumer Discretionary Bull 3X ETF	1.00
FDIS	Fidelity MSCI Consumer Discretionary Index ETF	0.99
VCR	Vanguard Consumer Discretionary ETF	0.99
TRUD	VanEck Consumer Discretionary TruSector ETF	0.97

Most inversely correlated with UCC

Symbol	Company	Correlation
SCC	ProShares UltraShort Consumer Discretionary	-0.99
QQQD	Direxion Daily Magnificent 7 Bear 1X ETF	-0.81
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.78
SH	ProShares Short S&P500	-0.77
SDS	ProShares UltraShort S&P500	-0.77

Frequently asked questions about UCC correlations

Which stocks are most correlated with UCC?: Based on one year of daily returns, the stocks most correlated with ProShares Ultra Consumer Discretionary (UCC) are XLY (1.00), WANT (1.00) and FDIS (0.99). 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 UCC?: Over the past year, the stocks most inversely correlated with ProShares Ultra Consumer Discretionary (UCC) are SCC (-0.99), QQQD (-0.81) and CARD (-0.78). 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 UCC correlations calculated?: We compute the correlation of daily returns between UCC 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.