Which stocks are most correlated with FLSP?

Based on one year of daily returns, the stocks most correlated with Franklin Systematic Style Premia ETF (FLSP) are MFUT (0.28), NBCM (0.26) and HOLD (0.25). 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 FLSP?

Over the past year, the stocks most inversely correlated with Franklin Systematic Style Premia ETF (FLSP) are APLU (-0.24), AGGH (-0.23) and FFIU (-0.22). A negative correlation means the two stocks have tended to move in opposite directions.

Franklin Systematic Style Premia ETF (FLSP) — Stock Correlations & Overview

Over the past year, FLSP has moved most closely with MFUT, NBCM, HOLD. Explore the stocks most correlated and inversely correlated with FLSP below, along with its price, financials, and company profile.

Stocks correlated with FLSP

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

Most correlated with FLSP

Symbol	Company	Correlation
MFUT	Cambria Chesapeake Pure Trend ETF	0.28
NBCM	Neuberger Commodity Strategy ETF	0.26
HOLD	Harbor Alpha Layering ETF	0.25
SDCI	USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund	0.24
GROY.WS	Gold Royalty Corp. Warrants, each exercisable for one common share at an exercise price of $2.25 per share	0.24

Most inversely correlated with FLSP

Symbol	Company	Correlation
APLU	Allspring Core Plus ETF	-0.24
AGGH	Simplify Aggregate Bond ETF	-0.23
FFIU	UVA Unconstrained Medium-Term Fixed Income ETF	-0.22
MTGP	WisdomTree Mortgage Plus Bond Fund	-0.22
LGOV	First Trust Long Duration Opportunities ETF	-0.22

Frequently asked questions about FLSP correlations

Which stocks are most correlated with FLSP?: Based on one year of daily returns, the stocks most correlated with Franklin Systematic Style Premia ETF (FLSP) are MFUT (0.28), NBCM (0.26) and HOLD (0.25). 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 FLSP?: Over the past year, the stocks most inversely correlated with Franklin Systematic Style Premia ETF (FLSP) are APLU (-0.24), AGGH (-0.23) and FFIU (-0.22). 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 FLSP correlations calculated?: We compute the correlation of daily returns between FLSP 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.