Leverage Shares 2x Long FUTU Daily ETF (FUTG) — Stock Correlations & Overview
Over the past year, FUTG has moved most closely with FUTU, TIGR, DINT. Explore the stocks most correlated and inversely correlated with FUTG below, along with its price, financials, and company profile.
Stocks correlated with FUTG
Correlation of daily returns. Higher positive values move with FUTG; negative values move opposite it. Informational only, not investment advice.
Most correlated with FUTG
| Symbol | Company | Correlation |
|---|---|---|
| FUTU | Futu Holdings Limited American Depositary Shares | 0.99 |
| TIGR | UP Fintech Holding Ltd American Depositary Share representing fifteen Class A Ordinary Shares | 0.82 |
| DINT | Davis Select International ETF | 0.54 |
| DWLD | Davis Select Worldwide ETF | 0.50 |
| IGGY | AB International Growth ETF | 0.49 |
Most inversely correlated with FUTG
| Symbol | Company | Correlation |
|---|---|---|
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.43 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.43 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.43 |
| AKTX | Akari Therapeutics plc ADR (0.01 USD)PHARMACEUTICAL PREPARATIONS | -0.42 |
| YANG | Direxion Daily FTSE China Bear 3X ETF | -0.42 |
Frequently asked questions about FUTG correlations
- Which stocks are most correlated with FUTG?
- Based on one year of daily returns, the stocks most correlated with Leverage Shares 2x Long FUTU Daily ETF (FUTG) are FUTU (0.99), TIGR (0.82) and DINT (0.54). 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 FUTG?
- Over the past year, the stocks most inversely correlated with Leverage Shares 2x Long FUTU Daily ETF (FUTG) are EEV (-0.43), EDZ (-0.43) and EUM (-0.43). 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 FUTG correlations calculated?
- We compute the correlation of daily returns between FUTG 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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