Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) — Stock Correlations & Overview
Over the past year, DEEF has moved most closely with TLTD, PDN, IQSI. Explore the stocks most correlated and inversely correlated with DEEF below, along with its price, financials, and company profile.
Stocks correlated with DEEF
Correlation of daily returns. Higher positive values move with DEEF; negative values move opposite it. Informational only, not investment advice.
Most correlated with DEEF
| Symbol | Company | Correlation |
|---|---|---|
| TLTD | Northern Trust Morningstar Developed Markets ex-US Factor Tilt ETF | 0.90 |
| PDN | Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF | 0.90 |
| IQSI | NYLIM Candriam International Equity ETF | 0.89 |
| DFIC | Dimensional International Core Equity 2 ETF | 0.89 |
| JPIN | JPMorgan Diversified Return International Equity ETF | 0.89 |
Frequently asked questions about DEEF correlations
- Which stocks are most correlated with DEEF?
- Based on one year of daily returns, the stocks most correlated with Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) are TLTD (0.90), PDN (0.90) and IQSI (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 DEEF?
- Over the past year, the stocks most inversely correlated with Xtrackers FTSE Developed ex US Multifactor ETF (DEEF) are EFU (-0.85), EFZ (-0.84) and EPV (-0.84). 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 DEEF correlations calculated?
- We compute the correlation of daily returns between DEEF 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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