GraniteShares YieldBOOST SPY ETF (YSPY) — Stock Correlations & Overview
Over the past year, YSPY has moved most closely with TQQY, DDTS, XSEP. Explore the stocks most correlated and inversely correlated with YSPY below, along with its price, financials, and company profile.
Stocks correlated with YSPY
Correlation of daily returns. Higher positive values move with YSPY; negative values move opposite it. Informational only, not investment advice.
Most correlated with YSPY
| Symbol | Company | Correlation |
|---|---|---|
| TQQY | GraniteShares YieldBOOST QQQ ETF | 0.89 |
| DDTS | Innovator Equity Dual Directional 10 Buffer ETF - September | 0.81 |
| XSEP | FT Vest U.S. Equity Enhance & Moderate Buffer ETF - September | 0.81 |
| AUGT | AllianzIM U.S. Equity Buffer10 Aug ETF | 0.80 |
| DLAG | FT Vest U.S. Equity Dual Directional Buffer ETF - August | 0.80 |
Frequently asked questions about YSPY correlations
- Which stocks are most correlated with YSPY?
- Based on one year of daily returns, the stocks most correlated with GraniteShares YieldBOOST SPY ETF (YSPY) are TQQY (0.89), DDTS (0.81) and XSEP (0.81). 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 YSPY?
- Over the past year, the stocks most inversely correlated with GraniteShares YieldBOOST SPY ETF (YSPY) are SPDN (-0.76), SDS (-0.75) and SPXU (-0.75). 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 YSPY correlations calculated?
- We compute the correlation of daily returns between YSPY 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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