Which stocks are most correlated with XRT?

Based on one year of daily returns, the stocks most correlated with State Street SPDR S&P Retail ETF (XRT) are RETL (1.00), PSCD (0.89) and FXD (0.89). 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 XRT?

Over the past year, the stocks most inversely correlated with State Street SPDR S&P Retail ETF (XRT) are EMTY (-0.88), SBB (-0.77) and SDD (-0.76). A negative correlation means the two stocks have tended to move in opposite directions.

State Street SPDR S&P Retail ETF (XRT) — Stock Correlations & Overview

Over the past year, XRT has moved most closely with RETL, PSCD, FXD. Explore the stocks most correlated and inversely correlated with XRT below, along with its price, financials, and company profile.

Stocks correlated with XRT

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

Most correlated with XRT

Symbol	Company	Correlation
RETL	Direxion Daily Retail Bull 3X ETF	1.00
PSCD	Invesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE	0.89
FXD	First Trust Consumer Discretionary AlphaDEX Fund	0.89
RWJ	Invesco S&P SmallCap 600 Revenue ETFINVESTMENT ADVICE	0.85
RSPD	Invesco S&P 500 Equal Weight Consumer Discretionary ETF	0.85

Most inversely correlated with XRT

Symbol	Company	Correlation
EMTY	ProShares Decline of the Retail Store ETF	-0.88
SBB	ProShares Short SmallCap600	-0.77
SDD	ProShares UltraShort SmallCap600	-0.76
CARD	MAX Auto Industry -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.72
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.70

Frequently asked questions about XRT correlations

Which stocks are most correlated with XRT?: Based on one year of daily returns, the stocks most correlated with State Street SPDR S&P Retail ETF (XRT) are RETL (1.00), PSCD (0.89) and FXD (0.89). 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 XRT?: Over the past year, the stocks most inversely correlated with State Street SPDR S&P Retail ETF (XRT) are EMTY (-0.88), SBB (-0.77) and SDD (-0.76). 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 XRT correlations calculated?: We compute the correlation of daily returns between XRT 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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