Which stocks are most correlated with BRKU?

Based on one year of daily returns, the stocks most correlated with Direxion Shares ETF Trust Direxion Daily BRKB Bull 2X ETF (BRKU) are BRK.B (0.99), BRKW (0.98) and BRK.A (0.97). 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 BRKU?

Over the past year, the stocks most inversely correlated with Direxion Shares ETF Trust Direxion Daily BRKB Bull 2X ETF (BRKU) are SEF (-0.45), SKF (-0.44) and FAZ (-0.44). A negative correlation means the two stocks have tended to move in opposite directions.

Direxion Shares ETF Trust Direxion Daily BRKB Bull 2X ETF (BRKU) — Stock Correlations & Overview

Over the past year, BRKU has moved most closely with BRK.B, BRKW, BRK.A. Explore the stocks most correlated and inversely correlated with BRKU below, along with its price, financials, and company profile.

Stocks correlated with BRKU

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

Most correlated with BRKU

Symbol	Company	Correlation
BRK.B	BERKSHIRE HATHAWAY Class BFIRE, MARINE & CASUALTY INSURANCE	0.99
BRKW	Roundhill BRKB WeeklyPay ETF	0.98
BRK.A	Berkshire Hathaway Inc.FIRE, MARINE & CASUALTY INSURANCE	0.97
BRKC	YieldMax BRK.B Option Income Strategy ETF	0.91
STEW	SRH Total Return Fund, Inc.	0.57

Most inversely correlated with BRKU

Symbol	Company	Correlation
SEF	ProShares Short Financials	-0.45
SKF	ProShares UltraShort Financials	-0.44
FAZ	Direxion Daily Financial Bear 3x ETF	-0.44
SZK	ProShares UltraShort Consumer Staples	-0.34
EGGY	NestYield Dynamic Income ETF	-0.34

Frequently asked questions about BRKU correlations

Which stocks are most correlated with BRKU?: Based on one year of daily returns, the stocks most correlated with Direxion Shares ETF Trust Direxion Daily BRKB Bull 2X ETF (BRKU) are BRK.B (0.99), BRKW (0.98) and BRK.A (0.97). 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 BRKU?: Over the past year, the stocks most inversely correlated with Direxion Shares ETF Trust Direxion Daily BRKB Bull 2X ETF (BRKU) are SEF (-0.45), SKF (-0.44) and FAZ (-0.44). 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 BRKU correlations calculated?: We compute the correlation of daily returns between BRKU 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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