Tradr 2X Long CLSK Daily ETF (CLSX) — Stock Correlations & Overview
Over the past year, CLSX has moved most closely with CLSK, BKCH, STCE. Explore the stocks most correlated and inversely correlated with CLSX below, along with its price, financials, and company profile.
Stocks correlated with CLSX
Correlation of daily returns. Higher positive values move with CLSX; negative values move opposite it. Informational only, not investment advice.
Most correlated with CLSX
| Symbol | Company | Correlation |
|---|---|---|
| CLSK | CLEANSPARK INCFINANCE SERVICES | 1.00 |
| BKCH | Global X Blockchain ETF | 0.89 |
| STCE | Schwab Crypto Thematic Natural Language Processing ETF | 0.89 |
| MNRS | Grayscale Bitcoin Miners ETF | 0.88 |
| DAPP | VanEck Digital Transformation ETF | 0.88 |
Most inversely correlated with CLSX
| Symbol | Company | Correlation |
|---|---|---|
| BTCZ | T-Rex 2X Inverse Bitcoin Daily Target ETF | -0.63 |
| SBIT | ProShares UltraShort Bitcoin ETF | -0.63 |
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.62 |
| BITI | ProShares Short Bitcoin ETF | -0.61 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.59 |
Frequently asked questions about CLSX correlations
- Which stocks are most correlated with CLSX?
- Based on one year of daily returns, the stocks most correlated with Tradr 2X Long CLSK Daily ETF (CLSX) are CLSK (1.00), BKCH (0.89) and STCE (0.89). 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 CLSX?
- Over the past year, the stocks most inversely correlated with Tradr 2X Long CLSK Daily ETF (CLSX) are BTCZ (-0.63), SBIT (-0.63) and SARK (-0.62). 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 CLSX correlations calculated?
- We compute the correlation of daily returns between CLSX 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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