Which stocks are most correlated with JANU?

Based on one year of daily returns, the stocks most correlated with AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF (JANU) are MARU (0.98), FEBU (0.98) and UXJA (0.98). 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 JANU?

Over the past year, the stocks most inversely correlated with AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF (JANU) are SPXS (-0.97), SPXU (-0.97) and SDS (-0.96). A negative correlation means the two stocks have tended to move in opposite directions.

AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF (JANU) — Stock Correlations & Overview

Over the past year, JANU has moved most closely with MARU, FEBU, UXJA. Explore the stocks most correlated and inversely correlated with JANU below, along with its price, financials, and company profile.

Stocks correlated with JANU

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

Most correlated with JANU

Symbol	Company	Correlation
MARU	AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF	0.98
FEBU	AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF	0.98
UXJA	FT Vest U.S. Equity Uncapped Accelerator ETF - January	0.98
AUGU	AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF	0.98
XUSP	Innovator Uncapped Accelerated U.S. Equity ETF	0.98

Most inversely correlated with JANU

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.97
SPXU	ProShares UltraPro Short S&P 500	-0.97
SDS	ProShares UltraShort S&P500	-0.96
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.96
SH	ProShares Short S&P500	-0.96

Frequently asked questions about JANU correlations

Which stocks are most correlated with JANU?: Based on one year of daily returns, the stocks most correlated with AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF (JANU) are MARU (0.98), FEBU (0.98) and UXJA (0.98). 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 JANU?: Over the past year, the stocks most inversely correlated with AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF (JANU) are SPXS (-0.97), SPXU (-0.97) and SDS (-0.96). 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 JANU correlations calculated?: We compute the correlation of daily returns between JANU 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.