T-REX 2X Inverse CRCL Daily Target ETF (CRCD) — Stock Correlations & Overview
Over the past year, CRCD has moved most closely with CONI, FIAT, SBIT. Explore the stocks most correlated and inversely correlated with CRCD below, along with its price, financials, and company profile.
Stocks correlated with CRCD
Correlation of daily returns. Higher positive values move with CRCD; negative values move opposite it. Informational only, not investment advice.
Most correlated with CRCD
| Symbol | Company | Correlation |
|---|---|---|
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | 0.70 |
| FIAT | YieldMax Short COIN Option Income Strategy ETF | 0.68 |
| SBIT | ProShares UltraShort Bitcoin ETF | 0.60 |
| BTCZ | T-Rex 2X Inverse Bitcoin Daily Target ETF | 0.60 |
| ETHD | ProShares UltraShort Ether ETF | 0.60 |
Most inversely correlated with CRCD
| Symbol | Company | Correlation |
|---|---|---|
| CRCL | Circle Internet Group, Inc.FINANCE SERVICES | -0.96 |
| CRCG | Leverage Shares 2X Long CRCL Daily ETFSERVICES-BUSINESS SERVICES, NEC | -0.94 |
| CCUP | T-REX 2X Long CRCL Daily Target ETF | -0.94 |
| CRCA | ProShares Ultra CRCL | -0.94 |
| CRCO | YieldMax CRCL Option Income Strategy ETF | -0.93 |
Frequently asked questions about CRCD correlations
- Which stocks are most correlated with CRCD?
- Based on one year of daily returns, the stocks most correlated with T-REX 2X Inverse CRCL Daily Target ETF (CRCD) are CONI (0.70), FIAT (0.68) and SBIT (0.60). 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 CRCD?
- Over the past year, the stocks most inversely correlated with T-REX 2X Inverse CRCL Daily Target ETF (CRCD) are CRCL (-0.96), CRCG (-0.94) and CCUP (-0.94). 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 CRCD correlations calculated?
- We compute the correlation of daily returns between CRCD 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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