Which stocks are most correlated with AFRU?

Based on one year of daily returns, the stocks most correlated with T-REX 2X Long AFRM Daily Target ETF (AFRU) are AFRM (0.99), FINX (0.73) and TOGA (0.72). 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 AFRU?

Over the past year, the stocks most inversely correlated with T-REX 2X Long AFRM Daily Target ETF (AFRU) are WEBS (-0.62), SCC (-0.58) and SARK (-0.57). A negative correlation means the two stocks have tended to move in opposite directions.

T-REX 2X Long AFRM Daily Target ETF (AFRU) — Stock Correlations & Overview

Over the past year, AFRU has moved most closely with AFRM, FINX, TOGA. Explore the stocks most correlated and inversely correlated with AFRU below, along with its price, financials, and company profile.

Stocks correlated with AFRU

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

Most correlated with AFRU

Symbol	Company	Correlation
AFRM	Affirm Holdings, Inc. Class A Common StockPERSONAL CREDIT INSTITUTIONS	0.99
FINX	Global X Funds Global X FinTech ETF	0.73
TOGA	Tremblant Global ETF	0.72
BPAY	iShares FinTech Active ETF	0.72
UPST	Upstart Holdings, Inc. Common stockFINANCE SERVICES	0.72

Most inversely correlated with AFRU

Symbol	Company	Correlation
WEBS	Direxion Daily Dow Jones Internet Bear 3X ETF	-0.62
SCC	ProShares UltraShort Consumer Discretionary	-0.58
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.57
SDS	ProShares UltraShort S&P500	-0.57
SH	ProShares Short S&P500	-0.56

Frequently asked questions about AFRU correlations

Which stocks are most correlated with AFRU?: Based on one year of daily returns, the stocks most correlated with T-REX 2X Long AFRM Daily Target ETF (AFRU) are AFRM (0.99), FINX (0.73) and TOGA (0.72). 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 AFRU?: Over the past year, the stocks most inversely correlated with T-REX 2X Long AFRM Daily Target ETF (AFRU) are WEBS (-0.62), SCC (-0.58) and SARK (-0.57). 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 AFRU correlations calculated?: We compute the correlation of daily returns between AFRU 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.