Inverse VIX Short-Term Futures ETNs due March 22, 2045 (VYLD) — Stock Correlations & Overview
Over the past year, VYLD has moved most closely with SVXY, SVIX, XTOC. Explore the stocks most correlated and inversely correlated with VYLD below, along with its price, financials, and company profile.
Stocks correlated with VYLD
Correlation of daily returns. Higher positive values move with VYLD; negative values move opposite it. Informational only, not investment advice.
Most correlated with VYLD
| Symbol | Company | Correlation |
|---|---|---|
| SVXY | ProShares Short VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 0.98 |
| SVIX | -1x Short VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | 0.98 |
| XTOC | Innovator U.S. Equity Accelerated Plus ETF - October | 0.87 |
| XSEP | FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September | 0.87 |
| XBOC | Innovator U.S. Equity Accelerated 9 Buffer ETF - October | 0.87 |
Most inversely correlated with VYLD
| Symbol | Company | Correlation |
|---|---|---|
| UVXY | ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.98 |
| VIXY | ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.98 |
| UVIX | 2x Long VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.98 |
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.98 |
| VIXM | ProShares VIX Mid-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS | -0.89 |
Frequently asked questions about VYLD correlations
- Which stocks are most correlated with VYLD?
- Based on one year of daily returns, the stocks most correlated with Inverse VIX Short-Term Futures ETNs due March 22, 2045 (VYLD) are SVXY (0.98), SVIX (0.98) and XTOC (0.87). 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 VYLD?
- Over the past year, the stocks most inversely correlated with Inverse VIX Short-Term Futures ETNs due March 22, 2045 (VYLD) are UVXY (-0.98), VIXY (-0.98) and UVIX (-0.98). 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 VYLD correlations calculated?
- We compute the correlation of daily returns between VYLD 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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