Nicholas Crypto Income ETF (BLOX) — Stock Correlations & Overview
Over the past year, BLOX has moved most closely with NODE, DAPP, IBLC. Explore the stocks most correlated and inversely correlated with BLOX below, along with its price, financials, and company profile.
Stocks correlated with BLOX
Correlation of daily returns. Higher positive values move with BLOX; negative values move opposite it. Informational only, not investment advice.
Most correlated with BLOX
| Symbol | Company | Correlation |
|---|---|---|
| NODE | VanEck Onchain Economy ETF | 0.95 |
| DAPP | VanEck Digital Transformation ETF | 0.95 |
| IBLC | iShares Blockchain and Tech ETF | 0.95 |
| BLOK | Amplify Blockchain Technology ETF | 0.94 |
| BITQ | Bitwise Crypto Industry Innovators ETF | 0.94 |
Most inversely correlated with BLOX
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.77 |
| BTCZ | T-Rex 2X Inverse Bitcoin Daily Target ETF | -0.73 |
| SBIT | ProShares UltraShort Bitcoin ETF | -0.73 |
| BITI | ProShares Short Bitcoin ETF | -0.71 |
| ETHD | ProShares UltraShort Ether ETF | -0.71 |
Frequently asked questions about BLOX correlations
- Which stocks are most correlated with BLOX?
- Based on one year of daily returns, the stocks most correlated with Nicholas Crypto Income ETF (BLOX) are NODE (0.95), DAPP (0.95) and IBLC (0.95). 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 BLOX?
- Over the past year, the stocks most inversely correlated with Nicholas Crypto Income ETF (BLOX) are SARK (-0.77), BTCZ (-0.73) and SBIT (-0.73). 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 BLOX correlations calculated?
- We compute the correlation of daily returns between BLOX 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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