Global X Adaptive U.S. Factor ETF (AUSF) — Stock Correlations & Overview
Over the past year, AUSF has moved most closely with FTA, ONEV, LGLV. Explore the stocks most correlated and inversely correlated with AUSF below, along with its price, financials, and company profile.
Stocks correlated with AUSF
Correlation of daily returns. Higher positive values move with AUSF; negative values move opposite it. Informational only, not investment advice.
Most correlated with AUSF
| Symbol | Company | Correlation |
|---|---|---|
| FTA | First Trust Large Cap Value AlphaDEX Fund (based on the Defined Large Cap Value Index--symbol DEFILVOI) | 0.89 |
| ONEV | State Street SPDR Russell 1000 Low Volatility Focus ETF | 0.87 |
| LGLV | State Street SPDR US Large Cap Low Volatility Index ETF | 0.87 |
| BUSA | Brandes U.S. Value ETF | 0.87 |
| FAB | First Trust Multi Cap Value AlphaDEX Fund | 0.87 |
Frequently asked questions about AUSF correlations
- Which stocks are most correlated with AUSF?
- Based on one year of daily returns, the stocks most correlated with Global X Adaptive U.S. Factor ETF (AUSF) are FTA (0.89), ONEV (0.87) and LGLV (0.87). 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 AUSF?
- Over the past year, the stocks most inversely correlated with Global X Adaptive U.S. Factor ETF (AUSF) are EMTY (-0.68), SKF (-0.65) and SEF (-0.65). 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 AUSF correlations calculated?
- We compute the correlation of daily returns between AUSF 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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