Which stocks are most correlated with W?

Based on one year of daily returns, the stocks most correlated with Wayfair Inc. (W) are IBUY (0.62), ONLN (0.57) and ISHP (0.55). 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 W?

Over the past year, the stocks most inversely correlated with Wayfair Inc. (W) are FLYD (-0.52), SDS (-0.49) and SPXU (-0.49). A negative correlation means the two stocks have tended to move in opposite directions.

Wayfair Inc. (W) — Stock Correlations & Overview

Over the past year, W has moved most closely with IBUY, ONLN, ISHP. Explore the stocks most correlated and inversely correlated with W below, along with its price, financials, and company profile.

Stocks correlated with W

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

Most correlated with W

Symbol	Company	Correlation
IBUY	Amplify Online Retail ETF	0.62
ONLN	ProShares Online Retail ETF	0.57
ISHP	First Trust Exchange-Traded Fund VI First Trust S-Network E-Commerce ETF	0.55
WSM	Williams-Sonoma, Inc.RETAIL-HOME FURNITURE, FURNISHINGS & EQUIPMENT STORES	0.54
FXD	First Trust Consumer Discretionary AlphaDEX Fund	0.54

Most inversely correlated with W

Symbol	Company	Correlation
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.52
SDS	ProShares UltraShort S&P500	-0.49
SPXU	ProShares UltraPro Short S&P 500	-0.49
SH	ProShares Short S&P500	-0.49
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.48

Frequently asked questions about W correlations

Which stocks are most correlated with W?: Based on one year of daily returns, the stocks most correlated with Wayfair Inc. (W) are IBUY (0.62), ONLN (0.57) and ISHP (0.55). 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 W?: Over the past year, the stocks most inversely correlated with Wayfair Inc. (W) are FLYD (-0.52), SDS (-0.49) and SPXU (-0.49). 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 W correlations calculated?: We compute the correlation of daily returns between W 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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