Which stocks are most correlated with FB?

Based on one year of daily returns, the stocks most correlated with ProShares S&P 500 Dynamic Buffer ETF (FB) are QB (0.86), SEPU (0.83) and GSUS (0.83). 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 FB?

Over the past year, the stocks most inversely correlated with ProShares S&P 500 Dynamic Buffer ETF (FB) are SPXS (-0.82), SPDN (-0.81) and SPXU (-0.80). A negative correlation means the two stocks have tended to move in opposite directions.

ProShares S&P 500 Dynamic Buffer ETF (FB) — Stock Correlations & Overview

Over the past year, FB has moved most closely with QB, SEPU, GSUS. Explore the stocks most correlated and inversely correlated with FB below, along with its price, financials, and company profile.

Stocks correlated with FB

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

Most correlated with FB

Symbol	Company	Correlation
QB	ProShares Nasdaq-100 Dynamic Buffer ETF	0.86
SEPU	AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF	0.83
GSUS	Goldman Sachs MarketBeta U.S. Equity ETF	0.83
AUGU	AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF	0.83
UXAP	FT Vest U.S. Equity Uncapped Accelerator ETF - April	0.82

Most inversely correlated with FB

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.82
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.81
SPXU	ProShares UltraPro Short S&P 500	-0.80
SDS	ProShares UltraShort S&P500	-0.80
SH	ProShares Short S&P500	-0.78

Frequently asked questions about FB correlations

Which stocks are most correlated with FB?: Based on one year of daily returns, the stocks most correlated with ProShares S&P 500 Dynamic Buffer ETF (FB) are QB (0.86), SEPU (0.83) and GSUS (0.83). 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 FB?: Over the past year, the stocks most inversely correlated with ProShares S&P 500 Dynamic Buffer ETF (FB) are SPXS (-0.82), SPDN (-0.81) and SPXU (-0.80). 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 FB correlations calculated?: We compute the correlation of daily returns between FB 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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