LifeX Durable Income ETF (LFDR) — Stock Correlations & Overview
Over the past year, LFDR has moved most closely with LFBE, LFAO, LFAW. Explore the stocks most correlated and inversely correlated with LFDR below, along with its price, financials, and company profile.
Stocks correlated with LFDR
Correlation of daily returns. Higher positive values move with LFDR; negative values move opposite it. Informational only, not investment advice.
Most correlated with LFDR
| Symbol | Company | Correlation |
|---|---|---|
| LFBE | LifeX 2065 Longevity Income ETF | 1.00 |
| LFAO | LifeX 2055 Longevity Income ETF | 0.97 |
| LFAW | LifeX 2060 Longevity Income ETF | 0.95 |
| UBT | ProShares Ultra 20+ Year Treasury | 0.93 |
| TMF | Direxion Daily 20+ Year Treasury Bull 3X ETF | 0.93 |
Most inversely correlated with LFDR
| Symbol | Company | Correlation |
|---|---|---|
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.93 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.91 |
| TTT | ProShares UltraPro Short 20+ Year Treasury | -0.89 |
| TBF | ProShares Short 20+ Year Treasury ETF | -0.89 |
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.85 |
Frequently asked questions about LFDR correlations
- Which stocks are most correlated with LFDR?
- Based on one year of daily returns, the stocks most correlated with LifeX Durable Income ETF (LFDR) are LFBE (1.00), LFAO (0.97) and LFAW (0.95). 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 LFDR?
- Over the past year, the stocks most inversely correlated with LifeX Durable Income ETF (LFDR) are TMV (-0.93), TBT (-0.91) and TTT (-0.89). 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 LFDR correlations calculated?
- We compute the correlation of daily returns between LFDR 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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