Which stocks are most correlated with YFYA?

Based on one year of daily returns, the stocks most correlated with Yields for You Income Strategy A ETF (YFYA) are CEFD (0.34), CHI (0.33) and CGO (0.31). 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 YFYA?

Over the past year, the stocks most inversely correlated with Yields for You Income Strategy A ETF (YFYA) are MI (-0.33), ARQ (-0.27) and TWOpC (-0.25). A negative correlation means the two stocks have tended to move in opposite directions.

Yields for You Income Strategy A ETF (YFYA) — Stock Correlations & Overview

Over the past year, YFYA has moved most closely with CEFD, CHI, CGO. Explore the stocks most correlated and inversely correlated with YFYA below, along with its price, financials, and company profile.

Stocks correlated with YFYA

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

Most correlated with YFYA

Symbol	Company	Correlation
CEFD	ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN	0.34
CHI	Calamos Convertible Opportunities and Income Fund	0.33
CGO	Calamos Global Total Return Fund	0.31
PMMY	PGIM S&P 500 Max Buffer ETF - May	0.31
CHY	Calamos Convertible and High Income Fund	0.31

Most inversely correlated with YFYA

Symbol	Company	Correlation
MI	NFT Limited	-0.33
ARQ	Arq, Inc. Common StockMISCELLANEOUS CHEMICAL PRODUCTS	-0.27
TWOpC	Two Harbors Investment Corp 7.25% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred StockREAL ESTATE INVESTMENT TRUSTS	-0.25
AIBD	Direxion Daily AI and Big Data Bear 2X ETF	-0.24
SQQQ	ProShares UltraPro Short QQQ	-0.24

Frequently asked questions about YFYA correlations

Which stocks are most correlated with YFYA?: Based on one year of daily returns, the stocks most correlated with Yields for You Income Strategy A ETF (YFYA) are CEFD (0.34), CHI (0.33) and CGO (0.31). 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 YFYA?: Over the past year, the stocks most inversely correlated with Yields for You Income Strategy A ETF (YFYA) are MI (-0.33), ARQ (-0.27) and TWOpC (-0.25). 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 YFYA correlations calculated?: We compute the correlation of daily returns between YFYA 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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