Which stocks are most correlated with ALTL?

Based on one year of daily returns, the stocks most correlated with Pacer Lunt Large Cap Alternator ETF (ALTL) are PALC (0.80), FCTR (0.79) and QQWZ (0.79). 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 ALTL?

Over the past year, the stocks most inversely correlated with Pacer Lunt Large Cap Alternator ETF (ALTL) are HIBS (-0.77), SOXS (-0.73) and QID (-0.72). A negative correlation means the two stocks have tended to move in opposite directions.

Pacer Lunt Large Cap Alternator ETF (ALTL) — Stock Correlations & Overview

Over the past year, ALTL has moved most closely with PALC, FCTR, QQWZ. Explore the stocks most correlated and inversely correlated with ALTL below, along with its price, financials, and company profile.

Stocks correlated with ALTL

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

Most correlated with ALTL

Symbol	Company	Correlation
PALC	Pacer Lunt Large Cap Multi-Factor Alternator ETF	0.80
FCTR	First Trust Lunt U.S. Factor Rotation ETF	0.79
QQWZ	Pacer Cash COWZ 100-Nasdaq 100 Rotator ETF	0.79
HIBL	Direxion Daily S&P 500 High Beta Bull 3X ETF	0.78
SPHB	Invesco S&P 500 High Beta ETFINVESTMENT ADVICE	0.78

Most inversely correlated with ALTL

Symbol	Company	Correlation
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.77
SOXS	Direxion Daily Semiconductor Bear 3X ETF	-0.73
QID	ProShares UltraShort QQQ	-0.72
SQQQ	ProShares UltraPro Short QQQ	-0.72
PSQ	ProShares Short QQQ	-0.72

Frequently asked questions about ALTL correlations

Which stocks are most correlated with ALTL?: Based on one year of daily returns, the stocks most correlated with Pacer Lunt Large Cap Alternator ETF (ALTL) are PALC (0.80), FCTR (0.79) and QQWZ (0.79). 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 ALTL?: Over the past year, the stocks most inversely correlated with Pacer Lunt Large Cap Alternator ETF (ALTL) are HIBS (-0.77), SOXS (-0.73) and QID (-0.72). 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 ALTL correlations calculated?: We compute the correlation of daily returns between ALTL 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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