Which stocks are most correlated with UPBD?

Based on one year of daily returns, the stocks most correlated with Upbound Group, Inc. Common Stock (UPBD) are RETL (0.69), XRT (0.68) and DEEP (0.64). 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 UPBD?

Over the past year, the stocks most inversely correlated with Upbound Group, Inc. Common Stock (UPBD) are EMTY (-0.56), SBB (-0.55) and SDD (-0.55). A negative correlation means the two stocks have tended to move in opposite directions.

Upbound Group, Inc. Common Stock (UPBD) — Stock Correlations & Overview

Over the past year, UPBD has moved most closely with RETL, XRT, DEEP. Explore the stocks most correlated and inversely correlated with UPBD below, along with its price, financials, and company profile.

Stocks correlated with UPBD

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

Most correlated with UPBD

Symbol	Company	Correlation
RETL	Direxion Daily Retail Bull 3X ETF	0.69
XRT	State Street SPDR S&P Retail ETF	0.68
DEEP	Acquirers Small and Micro Deep Value ETF	0.64
PSCD	Invesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE	0.64
RZV	Invesco S&P SmallCap 600 Pure Value ETF	0.62

Most inversely correlated with UPBD

Symbol	Company	Correlation
EMTY	ProShares Decline of the Retail Store ETF	-0.56
SBB	ProShares Short SmallCap600	-0.55
SDD	ProShares UltraShort SmallCap600	-0.55
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.55
SCC	ProShares UltraShort Consumer Discretionary	-0.54

Frequently asked questions about UPBD correlations

Which stocks are most correlated with UPBD?: Based on one year of daily returns, the stocks most correlated with Upbound Group, Inc. Common Stock (UPBD) are RETL (0.69), XRT (0.68) and DEEP (0.64). 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 UPBD?: Over the past year, the stocks most inversely correlated with Upbound Group, Inc. Common Stock (UPBD) are EMTY (-0.56), SBB (-0.55) and SDD (-0.55). 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 UPBD correlations calculated?: We compute the correlation of daily returns between UPBD 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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