T-REX 2X Inverse CRWV Daily Target ETF (CORD) — Stock Correlations & Overview
Over the past year, CORD has moved most closely with TECS, AIBD, SSG. Explore the stocks most correlated and inversely correlated with CORD below, along with its price, financials, and company profile.
Stocks correlated with CORD
Correlation of daily returns. Higher positive values move with CORD; negative values move opposite it. Informational only, not investment advice.
Most correlated with CORD
| Symbol | Company | Correlation |
|---|---|---|
| TECS | Direxion Daily Technology Bear 3x ETF | 0.57 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | 0.56 |
| SSG | ProShares UltraShort Semiconductors | 0.56 |
| REW | Proshares UltraShort Technology | 0.56 |
| TSXD | Direxion Daily Semiconductors Top 5 Bear 2X ETF | 0.55 |
Most inversely correlated with CORD
| Symbol | Company | Correlation |
|---|---|---|
| CRWV | CoreWeave, Inc. Class A Common StockSERVICES-PREPACKAGED SOFTWARE | -0.98 |
| CWVX | Tradr 2X Long CRWV Daily ETF | -0.97 |
| CRWG | Leverage Shares 2X Long CRWV Daily ETF | -0.97 |
| CRWU | T-REX 2X Long CRWV Daily Target ETF | -0.97 |
| NBIS | Nebius Group N.V. Class A Ordinary Shares | -0.77 |
Frequently asked questions about CORD correlations
- Which stocks are most correlated with CORD?
- Based on one year of daily returns, the stocks most correlated with T-REX 2X Inverse CRWV Daily Target ETF (CORD) are TECS (0.57), AIBD (0.56) and SSG (0.56). 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 CORD?
- Over the past year, the stocks most inversely correlated with T-REX 2X Inverse CRWV Daily Target ETF (CORD) are CRWV (-0.98), CWVX (-0.97) and CRWG (-0.97). 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 CORD correlations calculated?
- We compute the correlation of daily returns between CORD 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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