Ocean Park International ETF (DUKX) — Stock Correlations & Overview
Over the past year, DUKX has moved most closely with FINT, BINT, DFAX. Explore the stocks most correlated and inversely correlated with DUKX below, along with its price, financials, and company profile.
Stocks correlated with DUKX
Correlation of daily returns. Higher positive values move with DUKX; negative values move opposite it. Informational only, not investment advice.
Most correlated with DUKX
| Symbol | Company | Correlation |
|---|---|---|
| FINT | Frontier Asset Total International Equity ETF | 0.93 |
| BINT | Bluemonte Global Equity ETF | 0.92 |
| DFAX | Dimensional World ex U.S. Core Equity 2 ETF | 0.91 |
| ACWX | iShares MSCI ACWI ex US ETF | 0.91 |
| TDI | Touchstone Dynamic International ETF | 0.91 |
Most inversely correlated with DUKX
| Symbol | Company | Correlation |
|---|---|---|
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.89 |
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.89 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.89 |
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.82 |
| EFZ | ProShares Trust Short MSCI EAFE | -0.80 |
Frequently asked questions about DUKX correlations
- Which stocks are most correlated with DUKX?
- Based on one year of daily returns, the stocks most correlated with Ocean Park International ETF (DUKX) are FINT (0.93), BINT (0.92) and DFAX (0.91). 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 DUKX?
- Over the past year, the stocks most inversely correlated with Ocean Park International ETF (DUKX) are EDZ (-0.89), EEV (-0.89) and EUM (-0.89). 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 DUKX correlations calculated?
- We compute the correlation of daily returns between DUKX 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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