First Trust Capital Strength ETF (FTCS) — Stock Correlations & Overview
Over the past year, FTCS has moved most closely with OUSA, LGLV, HUSV. Explore the stocks most correlated and inversely correlated with FTCS below, along with its price, financials, and company profile.
Stocks correlated with FTCS
Correlation of daily returns. Higher positive values move with FTCS; negative values move opposite it. Informational only, not investment advice.
Most correlated with FTCS
| Symbol | Company | Correlation |
|---|---|---|
| OUSA | ALPS O'Shares U.S. Quality Dividend ETF | 0.90 |
| LGLV | State Street SPDR US Large Cap Low Volatility Index ETF | 0.89 |
| HUSV | First Trust Horizon Managed Volatility Domestic ETF | 0.88 |
| KNG | FT Vest S&P 500 Dividend Aristocrats Target Income ETF | 0.88 |
| FVD | First Trust Value Line Dividend Fund | 0.88 |
Frequently asked questions about FTCS correlations
- Which stocks are most correlated with FTCS?
- Based on one year of daily returns, the stocks most correlated with First Trust Capital Strength ETF (FTCS) are OUSA (0.90), LGLV (0.89) and HUSV (0.88). 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 FTCS?
- Over the past year, the stocks most inversely correlated with First Trust Capital Strength ETF (FTCS) are SKF (-0.68), SEF (-0.68) and FAZ (-0.68). 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 FTCS correlations calculated?
- We compute the correlation of daily returns between FTCS 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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