USCF GOLD STRATEGY PLUS INCOME FUND (USG) — Stock Correlations & Overview
Over the past year, USG has moved most closely with DBP, EVMT, MOTG. Explore the stocks most correlated and inversely correlated with USG below, along with its price, financials, and company profile.
Stocks correlated with USG
Correlation of daily returns. Higher positive values move with USG; negative values move opposite it. Informational only, not investment advice.
Most correlated with USG
| Symbol | Company | Correlation |
|---|---|---|
| DBP | Invesco DB Precious Metals FundCOMMODITY CONTRACTS BROKERS & DEALERS | 0.71 |
| EVMT | Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF | 0.69 |
| MOTG | VanEck Morningstar Global Wide Moat ETF | 0.69 |
| FGDL | Franklin Responsibly Sourced Gold ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 0.68 |
| OUNZ | VanEck Merk Gold ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 0.68 |
Most inversely correlated with USG
| Symbol | Company | Correlation |
|---|---|---|
| DULL | MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.68 |
| GLL | ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS | -0.68 |
| ZSL | ProShares UltraShort SilverCOMMODITY CONTRACTS BROKERS & DEALERS | -0.60 |
| DUST | Direxion Daily Gold Miners Index Bear 2X ETF | -0.58 |
| GDXD | MicroSectors Gold Miners -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.58 |
Frequently asked questions about USG correlations
- Which stocks are most correlated with USG?
- Based on one year of daily returns, the stocks most correlated with USCF GOLD STRATEGY PLUS INCOME FUND (USG) are DBP (0.71), EVMT (0.69) and MOTG (0.69). 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 USG?
- Over the past year, the stocks most inversely correlated with USCF GOLD STRATEGY PLUS INCOME FUND (USG) are DULL (-0.68), GLL (-0.68) and ZSL (-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 USG correlations calculated?
- We compute the correlation of daily returns between USG 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.