Which stocks are most correlated with WIA?

Based on one year of daily returns, the stocks most correlated with Western Asset Inflation-Linked Income Fund (WIA) are WIW (0.57), HYI (0.47) and DFP (0.47). 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 WIA?

Over the past year, the stocks most inversely correlated with Western Asset Inflation-Linked Income Fund (WIA) are EFZ (-0.37), TBT (-0.35) and PST (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.

Western Asset Inflation-Linked Income Fund (WIA) — Stock Correlations & Overview

Over the past year, WIA has moved most closely with WIW, HYI, DFP. Explore the stocks most correlated and inversely correlated with WIA below, along with its price, financials, and company profile.

Stocks correlated with WIA

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

Most correlated with WIA

Symbol	Company	Correlation
WIW	Western Asset Inflation-Linked Opportunities & Income Fund	0.57
HYI	Western Asset High Yield Opportunity Fund Inc.	0.47
DFP	FLAHERTY & CRUMRINE DYNAMIC PREFERRED AND INCOME FUND INCORPORATED	0.47
SBI	Western Asset Intermediate Muni Fund, Inc.	0.46
WEA	Western Asset Premier Bond Fund	0.45

Most inversely correlated with WIA

Symbol	Company	Correlation
EFZ	ProShares Trust Short MSCI EAFE	-0.37
TBT	ProShares Trust UltraShort Lehman 20+ Year Treasury	-0.35
PST	ProShares Trust UltraShort Lehman 7-10 Year Treasury	-0.34
TBF	ProShares Short 20+ Year Treasury ETF	-0.34
TTT	ProShares UltraPro Short 20+ Year Treasury	-0.34

Frequently asked questions about WIA correlations

Which stocks are most correlated with WIA?: Based on one year of daily returns, the stocks most correlated with Western Asset Inflation-Linked Income Fund (WIA) are WIW (0.57), HYI (0.47) and DFP (0.47). 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 WIA?: Over the past year, the stocks most inversely correlated with Western Asset Inflation-Linked Income Fund (WIA) are EFZ (-0.37), TBT (-0.35) and PST (-0.34). 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 WIA correlations calculated?: We compute the correlation of daily returns between WIA 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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