Which stocks are most correlated with EDGF?

Based on one year of daily returns, the stocks most correlated with 3EDGE Dynamic Fixed Income ETF (EDGF) are FCBD (0.73), FOPC (0.69) and PIFI (0.66). 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 EDGF?

Over the past year, the stocks most inversely correlated with 3EDGE Dynamic Fixed Income ETF (EDGF) are PST (-0.36), TBT (-0.34) and TYO (-0.34). A negative correlation means the two stocks have tended to move in opposite directions.

3EDGE Dynamic Fixed Income ETF (EDGF) — Stock Correlations & Overview

Over the past year, EDGF has moved most closely with FCBD, FOPC, PIFI. Explore the stocks most correlated and inversely correlated with EDGF below, along with its price, financials, and company profile.

Stocks correlated with EDGF

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

Most correlated with EDGF

Symbol	Company	Correlation
FCBD	Frontier Asset Core Bond ETF	0.73
FOPC	Frontier Asset Opportunistic Credit ETF	0.69
PIFI	ClearShares Piton Intermediate Fixed Income ETF	0.66
ABXB	Abacus Flexible Bond Leaders ETF	0.60
HTRB	Hartford Total Return Bond ETF	0.47

Most inversely correlated with EDGF

Symbol	Company	Correlation
PST	ProShares Trust UltraShort Lehman 7-10 Year Treasury	-0.36
TBT	ProShares Trust UltraShort Lehman 20+ Year Treasury	-0.34
TYO	Direxion Daily 7-10 Year Treasury Bear 3X ETF	-0.34
TBX	ProShares Short 7-10 Year Treasury	-0.33
TMV	Direxion Daily 20+ Year Treasury Bear 3X ETF	-0.33

Frequently asked questions about EDGF correlations

Which stocks are most correlated with EDGF?: Based on one year of daily returns, the stocks most correlated with 3EDGE Dynamic Fixed Income ETF (EDGF) are FCBD (0.73), FOPC (0.69) and PIFI (0.66). 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 EDGF?: Over the past year, the stocks most inversely correlated with 3EDGE Dynamic Fixed Income ETF (EDGF) are PST (-0.36), TBT (-0.34) and TYO (-0.34). 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 EDGF correlations calculated?: We compute the correlation of daily returns between EDGF 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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