VistaShares Target 15 DRUKMacro Distribution ETF (DRKY) — Stock Correlations & Overview
Over the past year, DRKY has moved most closely with VBK, QQQJ, FDIF. Explore the stocks most correlated and inversely correlated with DRKY below, along with its price, financials, and company profile.
Stocks correlated with DRKY
Correlation of daily returns. Higher positive values move with DRKY; negative values move opposite it. Informational only, not investment advice.
Most correlated with DRKY
| Symbol | Company | Correlation |
|---|---|---|
| VBK | Vanguard Morningstar Small-Cap Growth ETF | 0.77 |
| QQQJ | Invesco NASDAQ Next Gen 100 ETFINVESTMENT ADVICE | 0.77 |
| FDIF | Fidelity Disruptors ETF | 0.76 |
| FFND | One Global ETF | 0.75 |
| IWP | iShares Russell Mid-Cap Growth ETF | 0.75 |
Most inversely correlated with DRKY
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.71 |
| RWM | ProShares Short Russell2000 | -0.70 |
| SRTY | ProShares UltraPro Short Russell2000 | -0.70 |
| TWM | ProShares UltraShort Russell2000 | -0.70 |
| TZA | Direxion Daily Small Cap Bear 3x ETF | -0.70 |
Frequently asked questions about DRKY correlations
- Which stocks are most correlated with DRKY?
- Based on one year of daily returns, the stocks most correlated with VistaShares Target 15 DRUKMacro Distribution ETF (DRKY) are VBK (0.77), QQQJ (0.77) and FDIF (0.76). 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 DRKY?
- Over the past year, the stocks most inversely correlated with VistaShares Target 15 DRUKMacro Distribution ETF (DRKY) are SARK (-0.71), RWM (-0.70) and SRTY (-0.70). 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 DRKY correlations calculated?
- We compute the correlation of daily returns between DRKY 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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