Which stocks are most correlated with APXM?

Based on one year of daily returns, the stocks most correlated with FT Vest U.S. Equity Max Buffer ETF - April (APXM) are XAPR (0.86), DAPR (0.85) and GAPR (0.85). 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 APXM?

Over the past year, the stocks most inversely correlated with FT Vest U.S. Equity Max Buffer ETF - April (APXM) are QID (-0.69), SQQQ (-0.69) and PSQ (-0.69). A negative correlation means the two stocks have tended to move in opposite directions.

FT Vest U.S. Equity Max Buffer ETF - April (APXM) — Stock Correlations & Overview

Over the past year, APXM has moved most closely with XAPR, DAPR, GAPR. Explore the stocks most correlated and inversely correlated with APXM below, along with its price, financials, and company profile.

Stocks correlated with APXM

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

Most correlated with APXM

Symbol	Company	Correlation
XAPR	FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April	0.86
DAPR	FT Vest U.S. Equity Deep Buffer ETF - April	0.85
GAPR	FT Vest U.S. Equity Moderate Buffer ETF - April	0.85
FAPR	FT Vest U.S. Equity Buffer ETF - April	0.82
QCAP	FT Vest Nasdaq-100 Conservative Buffer ETF - April	0.81

Most inversely correlated with APXM

Symbol	Company	Correlation
QID	ProShares UltraShort QQQ	-0.69
SQQQ	ProShares UltraPro Short QQQ	-0.69
PSQ	ProShares Short QQQ	-0.69
SDS	ProShares UltraShort S&P500	-0.69
SPXU	ProShares UltraPro Short S&P 500	-0.69

Frequently asked questions about APXM correlations

Which stocks are most correlated with APXM?: Based on one year of daily returns, the stocks most correlated with FT Vest U.S. Equity Max Buffer ETF - April (APXM) are XAPR (0.86), DAPR (0.85) and GAPR (0.85). 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 APXM?: Over the past year, the stocks most inversely correlated with FT Vest U.S. Equity Max Buffer ETF - April (APXM) are QID (-0.69), SQQQ (-0.69) and PSQ (-0.69). 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 APXM correlations calculated?: We compute the correlation of daily returns between APXM 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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