Which stocks are most correlated with FLQL?

Based on one year of daily returns, the stocks most correlated with Franklin U.S. Large Cap Multifactor Index ETF (FLQL) are DYNF (0.97), INRO (0.97) and TSPA (0.96). 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 FLQL?

Over the past year, the stocks most inversely correlated with Franklin U.S. Large Cap Multifactor Index ETF (FLQL) are SPXS (-0.96), SPXU (-0.96) and SDS (-0.96). A negative correlation means the two stocks have tended to move in opposite directions.

Franklin U.S. Large Cap Multifactor Index ETF (FLQL) — Stock Correlations & Overview

Over the past year, FLQL has moved most closely with DYNF, INRO, TSPA. Explore the stocks most correlated and inversely correlated with FLQL below, along with its price, financials, and company profile.

Stocks correlated with FLQL

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

Most correlated with FLQL

Symbol	Company	Correlation
DYNF	iShares U.S. Equity Factor Rotation Active ETF	0.97
INRO	BlackRock ETF Trust iShares U.S. Industry Rotation Active ETF	0.97
TSPA	T. Rowe Price U.S. Equity Research ETF	0.96
AVLC	Avantis U.S. Large Cap Equity ETF	0.96
DFUS	Dimensional U.S. Equity Market ETF	0.96

Most inversely correlated with FLQL

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.96
SPXU	ProShares UltraPro Short S&P 500	-0.96
SDS	ProShares UltraShort S&P500	-0.96
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.95
SH	ProShares Short S&P500	-0.95

Frequently asked questions about FLQL correlations

Which stocks are most correlated with FLQL?: Based on one year of daily returns, the stocks most correlated with Franklin U.S. Large Cap Multifactor Index ETF (FLQL) are DYNF (0.97), INRO (0.97) and TSPA (0.96). 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 FLQL?: Over the past year, the stocks most inversely correlated with Franklin U.S. Large Cap Multifactor Index ETF (FLQL) are SPXS (-0.96), SPXU (-0.96) and SDS (-0.96). 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 FLQL correlations calculated?: We compute the correlation of daily returns between FLQL 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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