Which stocks are most correlated with KTUP?

Based on one year of daily returns, the stocks most correlated with T-REX 2X Long KTOS Daily Target ETF (KTUP) are KTOS (1.00), XAR (0.77) and ARKX (0.75). 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 KTUP?

Over the past year, the stocks most inversely correlated with T-REX 2X Long KTOS Daily Target ETF (KTUP) are SARK (-0.54), TWM (-0.47) and TZA (-0.47). A negative correlation means the two stocks have tended to move in opposite directions.

T-REX 2X Long KTOS Daily Target ETF (KTUP) — Stock Correlations & Overview

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

Stocks correlated with KTUP

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

Most correlated with KTUP

Symbol	Company	Correlation
KTOS	Kratos Defense & Security Solutions, Inc.GUIDED MISSILES & SPACE VEHICLES & PARTS	1.00
XAR	State Street SPDR S&P Aerospace & Defense ETF	0.77
ARKX	ARK Space & Defense Innovation ETF	0.75
SHLD	Global X Defense Tech ETF	0.74
MISL	First Trust Indxx Aerospace & Defense ETF	0.73

Most inversely correlated with KTUP

Symbol	Company	Correlation
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.54
TWM	ProShares UltraShort Russell2000	-0.47
TZA	Direxion Daily Small Cap Bear 3x ETF	-0.47
SRTY	ProShares UltraPro Short Russell2000	-0.47
RWM	ProShares Short Russell2000	-0.46

Frequently asked questions about KTUP correlations

Which stocks are most correlated with KTUP?: Based on one year of daily returns, the stocks most correlated with T-REX 2X Long KTOS Daily Target ETF (KTUP) are KTOS (1.00), XAR (0.77) and ARKX (0.75). 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 KTUP?: Over the past year, the stocks most inversely correlated with T-REX 2X Long KTOS Daily Target ETF (KTUP) are SARK (-0.54), TWM (-0.47) and TZA (-0.47). 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 KTUP correlations calculated?: We compute the correlation of daily returns between KTUP 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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