Which stocks are most correlated with FARX?

Based on one year of daily returns, the stocks most correlated with Frontier Asset Absolute Return ETF (FARX) are ARP (0.85), AHLT (0.82) and DBMF (0.82). 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 FARX?

Over the past year, the stocks most inversely correlated with Frontier Asset Absolute Return ETF (FARX) are GLL (-0.67), DULL (-0.66) and ZSL (-0.65). A negative correlation means the two stocks have tended to move in opposite directions.

Frontier Asset Absolute Return ETF (FARX) — Stock Correlations & Overview

Over the past year, FARX has moved most closely with ARP, AHLT, DBMF. Explore the stocks most correlated and inversely correlated with FARX below, along with its price, financials, and company profile.

Stocks correlated with FARX

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

Most correlated with FARX

Symbol	Company	Correlation
ARP	PMV Adaptive Risk Parity ETF	0.85
AHLT	American Beacon AHL Trend ETF	0.82
DBMF	iMGP DBi Managed Futures Strategy ETF	0.82
PRAE	PlanRock Alternative Growth ETF	0.81
RAAX	VanEck Real Assets ETF	0.81

Most inversely correlated with FARX

Symbol	Company	Correlation
GLL	ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS	-0.67
DULL	MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.66
ZSL	ProShares UltraShort SilverCOMMODITY CONTRACTS BROKERS & DEALERS	-0.65
JDST	Direxion Daily Junior Gold Miners Index Bear 2X ETF	-0.61
DUST	Direxion Daily Gold Miners Index Bear 2X ETF	-0.60

Frequently asked questions about FARX correlations

Which stocks are most correlated with FARX?: Based on one year of daily returns, the stocks most correlated with Frontier Asset Absolute Return ETF (FARX) are ARP (0.85), AHLT (0.82) and DBMF (0.82). 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 FARX?: Over the past year, the stocks most inversely correlated with Frontier Asset Absolute Return ETF (FARX) are GLL (-0.67), DULL (-0.66) and ZSL (-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 FARX correlations calculated?: We compute the correlation of daily returns between FARX 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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