Aptus Defined Risk ETF (DRSK) — Stock Correlations & Overview
Over the past year, DRSK has moved most closely with SWAN, SPYC, SPD. Explore the stocks most correlated and inversely correlated with DRSK below, along with its price, financials, and company profile.
Stocks correlated with DRSK
Correlation of daily returns. Higher positive values move with DRSK; negative values move opposite it. Informational only, not investment advice.
Most correlated with DRSK
| Symbol | Company | Correlation |
|---|---|---|
| SWAN | Amplify BlackSwan Growth & Treasure Core ETF | 0.77 |
| SPYC | Simplify US Equity PLUS Convexity ETF | 0.71 |
| SPD | Simplify US Equity PLUS Downside Convexity ETF | 0.71 |
| CANQ | Calamos ETF Trust Calamos Nasdaq Equity & Income ETF | 0.70 |
| ACIO | Aptus Collared Investment Opportunity ETF | 0.70 |
Frequently asked questions about DRSK correlations
- Which stocks are most correlated with DRSK?
- Based on one year of daily returns, the stocks most correlated with Aptus Defined Risk ETF (DRSK) are SWAN (0.77), SPYC (0.71) and SPD (0.71). 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 DRSK?
- Over the past year, the stocks most inversely correlated with Aptus Defined Risk ETF (DRSK) are SDS (-0.66), SPDN (-0.66) and SPXU (-0.65). 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 DRSK correlations calculated?
- We compute the correlation of daily returns between DRSK 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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