Which stocks are most correlated with FTAI?

Based on one year of daily returns, the stocks most correlated with FTAI Aviation Ltd. Common Stock (FTAI) are FRTY (0.62), XAR (0.62) and FAD (0.62). 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 FTAI?

Over the past year, the stocks most inversely correlated with FTAI Aviation Ltd. Common Stock (FTAI) are BTAL (-0.59), SIJ (-0.58) and HIBS (-0.56). A negative correlation means the two stocks have tended to move in opposite directions.

FTAI Aviation Ltd. Common Stock (FTAI) — Stock Correlations & Overview

Over the past year, FTAI has moved most closely with FRTY, XAR, FAD. Explore the stocks most correlated and inversely correlated with FTAI below, along with its price, financials, and company profile.

Stocks correlated with FTAI

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

Most correlated with FTAI

Symbol	Company	Correlation
FRTY	Alger Mid Cap 40 ETF	0.62
XAR	State Street SPDR S&P Aerospace & Defense ETF	0.62
FAD	First Trust Multi Cap Growth AlphaDEX Fund	0.62
FIDU	Fidelity MSCI Industrials Index ETF	0.62
RCTR	First Trust Bloomberg Nuclear Power ETF	0.62

Most inversely correlated with FTAI

Symbol	Company	Correlation
BTAL	AGF U.S. Market Neutral Anti-Beta Fund	-0.59
SIJ	ProShares UltraShort Industrials	-0.58
HIBS	Direxion Daily S&P 500 High Beta Bear 3X ETF	-0.56
TWM	ProShares UltraShort Russell2000	-0.55
SRTY	ProShares UltraPro Short Russell2000	-0.55

Frequently asked questions about FTAI correlations

Which stocks are most correlated with FTAI?: Based on one year of daily returns, the stocks most correlated with FTAI Aviation Ltd. Common Stock (FTAI) are FRTY (0.62), XAR (0.62) and FAD (0.62). 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 FTAI?: Over the past year, the stocks most inversely correlated with FTAI Aviation Ltd. Common Stock (FTAI) are BTAL (-0.59), SIJ (-0.58) and HIBS (-0.56). 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 FTAI correlations calculated?: We compute the correlation of daily returns between FTAI 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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