Which stocks are most correlated with CTEF?

Based on one year of daily returns, the stocks most correlated with Castellan Targeted Equity ETF (CTEF) are SEIM (0.90), JMOM (0.89) and LCLG (0.88). 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 CTEF?

Over the past year, the stocks most inversely correlated with Castellan Targeted Equity ETF (CTEF) are HIBS (-0.86), SOXS (-0.81) and SQQQ (-0.81). A negative correlation means the two stocks have tended to move in opposite directions.

Castellan Targeted Equity ETF (CTEF) — Stock Correlations & Overview

Over the past year, CTEF has moved most closely with SEIM, JMOM, LCLG. Explore the stocks most correlated and inversely correlated with CTEF below, along with its price, financials, and company profile.

Stocks correlated with CTEF

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

Most correlated with CTEF

Symbol	Company	Correlation
SEIM	SEI QiM U.S. Large Cap Momentum Active ETF	0.90
JMOM	JPMorgan U.S. Momentum Factor ETF	0.89
LCLG	Logan Capital Large Cap Growth ETF	0.88
PWB	Invesco Large Cap Growth ETF	0.88
FAD	First Trust Multi Cap Growth AlphaDEX Fund	0.88

Most inversely correlated with CTEF

Symbol	Company	Correlation
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.86
SOXS	Direxion Daily Semiconductor Bear 3X ETF	-0.81
SQQQ	ProShares UltraPro Short QQQ	-0.81
QID	ProShares UltraShort QQQ	-0.81
BTAL	AGF U.S. Market Neutral Anti-Beta Fund	-0.81

Frequently asked questions about CTEF correlations

Which stocks are most correlated with CTEF?: Based on one year of daily returns, the stocks most correlated with Castellan Targeted Equity ETF (CTEF) are SEIM (0.90), JMOM (0.89) and LCLG (0.88). 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 CTEF?: Over the past year, the stocks most inversely correlated with Castellan Targeted Equity ETF (CTEF) are HIBS (-0.86), SOXS (-0.81) and SQQQ (-0.81). 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 CTEF correlations calculated?: We compute the correlation of daily returns between CTEF 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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