YETI Holdings, Inc. Common Stock (YETI) — Stock Correlations & Overview
Over the past year, YETI has moved most closely with FXD, RSPD, PSCD. Explore the stocks most correlated and inversely correlated with YETI below, along with its price, financials, and company profile.
Stocks correlated with YETI
Correlation of daily returns. Higher positive values move with YETI; negative values move opposite it. Informational only, not investment advice.
Most correlated with YETI
| Symbol | Company | Correlation |
|---|---|---|
| FXD | First Trust Consumer Discretionary AlphaDEX Fund | 0.70 |
| RSPD | Invesco S&P 500 Equal Weight Consumer Discretionary ETF | 0.66 |
| PSCD | Invesco S&P SmallCap Consumer Discretionary ETFINVESTMENT ADVICE | 0.66 |
| BC | Brunswick CorporationENGINES & TURBINES | 0.64 |
| FLQM | Franklin U.S. Mid Cap Multifactor Index ETF | 0.63 |
Most inversely correlated with YETI
| Symbol | Company | Correlation |
|---|---|---|
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.60 |
| SBB | ProShares Short SmallCap600 | -0.59 |
| SDD | ProShares UltraShort SmallCap600 | -0.59 |
| MZZ | ProShares UltraShort MidCap400 | -0.56 |
| JETD | MAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.56 |
Frequently asked questions about YETI correlations
- Which stocks are most correlated with YETI?
- Based on one year of daily returns, the stocks most correlated with YETI Holdings, Inc. Common Stock (YETI) are FXD (0.70), RSPD (0.66) and PSCD (0.66). 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 YETI?
- Over the past year, the stocks most inversely correlated with YETI Holdings, Inc. Common Stock (YETI) are FLYD (-0.60), SBB (-0.59) and SDD (-0.59). 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 YETI correlations calculated?
- We compute the correlation of daily returns between YETI 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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