Which stocks are most correlated with WBIG?

Based on one year of daily returns, the stocks most correlated with WBI BullBear Yield 3000 ETF (WBIG) are WBIF (0.91), EUSA (0.83) and GSEW (0.82). 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 WBIG?

Over the past year, the stocks most inversely correlated with WBI BullBear Yield 3000 ETF (WBIG) are SMDD (-0.73), MZZ (-0.73) and RWM (-0.72). A negative correlation means the two stocks have tended to move in opposite directions.

WBI BullBear Yield 3000 ETF (WBIG) — Stock Correlations & Overview

Over the past year, WBIG has moved most closely with WBIF, EUSA, GSEW. Explore the stocks most correlated and inversely correlated with WBIG below, along with its price, financials, and company profile.

Stocks correlated with WBIG

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

Most correlated with WBIG

Symbol	Company	Correlation
WBIF	WBI BullBear Value 3000 ETF	0.91
EUSA	iShares MSCI USA Equal Weighted ETF	0.83
GSEW	Goldman Sachs Equal Weight U.S. Large Cap Equity ETF	0.82
RSP	Invesco S&P 500 Equal Weight ETF	0.81
EQAL	Invesco Russell 1000 Equal Weight ETF	0.81

Most inversely correlated with WBIG

Symbol	Company	Correlation
SMDD	ProShares UltraPro Short MidCap400	-0.73
MZZ	ProShares UltraShort MidCap400	-0.73
RWM	ProShares Short Russell2000	-0.72
SRTY	ProShares UltraPro Short Russell2000	-0.72
TWM	ProShares UltraShort Russell2000	-0.72

Frequently asked questions about WBIG correlations

Which stocks are most correlated with WBIG?: Based on one year of daily returns, the stocks most correlated with WBI BullBear Yield 3000 ETF (WBIG) are WBIF (0.91), EUSA (0.83) and GSEW (0.82). 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 WBIG?: Over the past year, the stocks most inversely correlated with WBI BullBear Yield 3000 ETF (WBIG) are SMDD (-0.73), MZZ (-0.73) and RWM (-0.72). 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 WBIG correlations calculated?: We compute the correlation of daily returns between WBIG 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.