Global X S&P 500 U.S. Revenue Leaders ETF (EGLE) — Stock Correlations & Overview

Over the past year, EGLE has moved most closely with USCL, USCA, PEVC. Explore the stocks most correlated and inversely correlated with EGLE below, along with its price, financials, and company profile.

Stocks correlated with EGLE

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

Most correlated with EGLE

SymbolCompanyCorrelation
USCLiShares Climate Conscious & Transition MSCI USA ETF0.92
USCAXtrackers MSCI USA Climate Action Equity ETF0.92
PEVCPacer PE/VC ETF0.91
CRTCXtrackers US National Critical Technologies ETF0.91
FLCCFederated Hermes MDT Large Cap Core ETF0.91

Most inversely correlated with EGLE

SymbolCompanyCorrelation
SDSProShares UltraShort S&P500-0.88
SPXUProShares UltraPro Short S&P 500-0.88
SPXSDirexion Daily S&P 500 Bear 3x ETF-0.88
SHProShares Short S&P500-0.87
SPDNDirexion Daily S&P 500 Bear 1X ETF-0.87

Frequently asked questions about EGLE correlations

Which stocks are most correlated with EGLE?
Based on one year of daily returns, the stocks most correlated with Global X S&P 500 U.S. Revenue Leaders ETF (EGLE) are USCL (0.92), USCA (0.92) and PEVC (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 EGLE?
Over the past year, the stocks most inversely correlated with Global X S&P 500 U.S. Revenue Leaders ETF (EGLE) are SDS (-0.88), SPXU (-0.88) and SPXS (-0.88). 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 EGLE correlations calculated?
We compute the correlation of daily returns between EGLE 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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