Which stocks are most correlated with CAOS?

Based on one year of daily returns, the stocks most correlated with Alpha Architect Tail Risk ETF (CAOS) are VIXY (0.48), UVXY (0.48) and UVIX (0.48). 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 CAOS?

Over the past year, the stocks most inversely correlated with Alpha Architect Tail Risk ETF (CAOS) are SVIX (-0.50), SVXY (-0.49) and VYLD (-0.48). A negative correlation means the two stocks have tended to move in opposite directions.

Alpha Architect Tail Risk ETF (CAOS) — Stock Correlations & Overview

Over the past year, CAOS has moved most closely with VIXY, UVXY, UVIX. Explore the stocks most correlated and inversely correlated with CAOS below, along with its price, financials, and company profile.

Stocks correlated with CAOS

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

Most correlated with CAOS

Symbol	Company	Correlation
VIXY	ProShares VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	0.48
UVXY	ProShares Ultra VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	0.48
UVIX	2x Long VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	0.48
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	0.48
SPDN	Direxion Daily S&P 500 Bear 1X ETF	0.41

Most inversely correlated with CAOS

Symbol	Company	Correlation
SVIX	-1x Short VIX Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	-0.50
SVXY	ProShares Short VIX Short-Term Futures ETFCOMMODITY CONTRACTS BROKERS & DEALERS	-0.49
VYLD	Inverse VIX Short-Term Futures ETNs due March 22, 2045NATIONAL COMMERCIAL BANKS	-0.48
YSPY	GraniteShares YieldBOOST SPY ETF	-0.48
TQQY	GraniteShares YieldBOOST QQQ ETF	-0.46

Frequently asked questions about CAOS correlations

Which stocks are most correlated with CAOS?: Based on one year of daily returns, the stocks most correlated with Alpha Architect Tail Risk ETF (CAOS) are VIXY (0.48), UVXY (0.48) and UVIX (0.48). 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 CAOS?: Over the past year, the stocks most inversely correlated with Alpha Architect Tail Risk ETF (CAOS) are SVIX (-0.50), SVXY (-0.49) and VYLD (-0.48). 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 CAOS correlations calculated?: We compute the correlation of daily returns between CAOS 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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