TradersAI Large Cap Equity & Cash ETF (HFSP) — Stock Correlations & Overview
Over the past year, HFSP has moved most closely with ESCA, RGR, VTSI. Explore the stocks most correlated and inversely correlated with HFSP below, along with its price, financials, and company profile.
Stocks correlated with HFSP
Correlation of daily returns. Higher positive values move with HFSP; negative values move opposite it. Informational only, not investment advice.
Most correlated with HFSP
| Symbol | Company | Correlation |
|---|---|---|
| ESCA | Escalade IncSPORTING & ATHLETIC GOODS, NEC | 0.22 |
| RGR | Sturm, Ruger & Company, Inc.ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) | 0.22 |
| VTSI | VirTra, Inc. Common StockMISCELLANEOUS MANUFACTURING INDUSTRIES | 0.21 |
| SNT | Senstar Technologies Corporation Common Shares | 0.21 |
| GOF | Guggenheim Strategic Opportunities Fund | 0.21 |
Most inversely correlated with HFSP
| Symbol | Company | Correlation |
|---|---|---|
| WCN | Waste Connections, Inc.REFUSE SYSTEMS | -0.23 |
| DXCM | DexCom, Inc.SURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.22 |
| CART | Maplebear Inc. Common StockSERVICES-BUSINESS SERVICES, NEC | -0.21 |
| JSM | Navient Corporation 6% Senior Notes due December 15, 2043SECURITY BROKERS, DEALERS & FLOTATION COMPANIES | -0.20 |
| UZD | Array Digital Infrastructure, Inc. 6.250% Senior Notes due 2069RADIOTELEPHONE COMMUNICATIONS | -0.20 |
Frequently asked questions about HFSP correlations
- Which stocks are most correlated with HFSP?
- Based on one year of daily returns, the stocks most correlated with TradersAI Large Cap Equity & Cash ETF (HFSP) are ESCA (0.22), RGR (0.22) and VTSI (0.21). 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 HFSP?
- Over the past year, the stocks most inversely correlated with TradersAI Large Cap Equity & Cash ETF (HFSP) are WCN (-0.23), DXCM (-0.22) and CART (-0.21). 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 HFSP correlations calculated?
- We compute the correlation of daily returns between HFSP 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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