Direxion Daily Industrials Bull 3X ETF (DUSL) — Stock Correlations & Overview

Over the past year, DUSL has moved most closely with XLI, UXI, VIS. Explore the stocks most correlated and inversely correlated with DUSL below, along with its price, financials, and company profile.

Stocks correlated with DUSL

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

Most correlated with DUSL

SymbolCompanyCorrelation
XLIState Street Industrial Select Sector SPDR ETF0.98
UXIProShares Ultra Industrials0.97
VISVanguard Industrials ETF0.97
FIDUFidelity MSCI Industrials Index ETF0.97
IYJiShares U.S. Industrials ETF0.93

Most inversely correlated with DUSL

SymbolCompanyCorrelation
SIJProShares UltraShort Industrials-0.96
SMDDProShares UltraPro Short MidCap400-0.81
MZZProShares UltraShort MidCap400-0.81
MYYProShares Short MidCap400-0.81
JETDMAX Airlines -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC-0.76

Frequently asked questions about DUSL correlations

Which stocks are most correlated with DUSL?
Based on one year of daily returns, the stocks most correlated with Direxion Daily Industrials Bull 3X ETF (DUSL) are XLI (0.98), UXI (0.97) and VIS (0.97). 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 DUSL?
Over the past year, the stocks most inversely correlated with Direxion Daily Industrials Bull 3X ETF (DUSL) are SIJ (-0.96), SMDD (-0.81) and MZZ (-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 DUSL correlations calculated?
We compute the correlation of daily returns between DUSL 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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