Virtus Real Asset Income ETF (VRAI) — Stock Correlations & Overview
Over the past year, VRAI has moved most closely with EIPX, NDIV, AVIE. Explore the stocks most correlated and inversely correlated with VRAI below, along with its price, financials, and company profile.
Stocks correlated with VRAI
Correlation of daily returns. Higher positive values move with VRAI; negative values move opposite it. Informational only, not investment advice.
Most correlated with VRAI
| Symbol | Company | Correlation |
|---|---|---|
| EIPX | FT Energy Income Partners Strategy ETF | 0.78 |
| NDIV | Amplify Energy & Natural Resources Covered Call ETF | 0.76 |
| AVIE | Avantis Inflation Focused Equity ETF | 0.71 |
| NBET | Neuberger Energy Transition & Infrastructure ETF | 0.70 |
| TPHD | Timothy Plan High Dividend Stock ETF | 0.69 |
Most inversely correlated with VRAI
| Symbol | Company | Correlation |
|---|---|---|
| OILD | MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.65 |
| ERY | Direxion Daily Energy Bear 2X ETF | -0.64 |
| DUG | ProShares UltraShort Energy | -0.63 |
| DRIP | Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF | -0.61 |
| NRGD | MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs due February 17, 2045COMMERCIAL BANKS, NEC | -0.59 |
Frequently asked questions about VRAI correlations
- Which stocks are most correlated with VRAI?
- Based on one year of daily returns, the stocks most correlated with Virtus Real Asset Income ETF (VRAI) are EIPX (0.78), NDIV (0.76) and AVIE (0.71). 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 VRAI?
- Over the past year, the stocks most inversely correlated with Virtus Real Asset Income ETF (VRAI) are OILD (-0.65), ERY (-0.64) and DUG (-0.63). 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 VRAI correlations calculated?
- We compute the correlation of daily returns between VRAI 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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