Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) — Stock Correlations & Overview
Over the past year, CAFG has moved most closely with AFSM, SLYG, IJT. Explore the stocks most correlated and inversely correlated with CAFG below, along with its price, financials, and company profile.
Stocks correlated with CAFG
Correlation of daily returns. Higher positive values move with CAFG; negative values move opposite it. Informational only, not investment advice.
Most correlated with CAFG
| Symbol | Company | Correlation |
|---|---|---|
| AFSM | First Trust Active Factor Small Cap ETF | 0.92 |
| SLYG | State Street SPDR S&P 600 Small Cap Growth ETF | 0.91 |
| IJT | iShares S&P Small-Cap 600 Growth ETF | 0.91 |
| VIOG | Vanguard S&P Small-Cap 600 Growth ETF | 0.91 |
| PRFZ | Invesco Exchange-Traded Fund Trust Invesco RAFI US 1500 Small-Mid ETF | 0.91 |
Frequently asked questions about CAFG correlations
- Which stocks are most correlated with CAFG?
- Based on one year of daily returns, the stocks most correlated with Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) are AFSM (0.92), SLYG (0.91) and IJT (0.91). 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 CAFG?
- Over the past year, the stocks most inversely correlated with Pacer US Small Cap Cash Cows Growth Leaders ETF (CAFG) are SDD (-0.89), TZA (-0.88) and SBB (-0.88). 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 CAFG correlations calculated?
- We compute the correlation of daily returns between CAFG 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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