Which stocks are most correlated with NAUG?

Based on one year of daily returns, the stocks most correlated with Innovator Growth-100 Power Buffer ETF - August (NAUG) are AUGT (0.94), QMAG (0.94) and BAUG (0.94). 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 NAUG?

Over the past year, the stocks most inversely correlated with Innovator Growth-100 Power Buffer ETF - August (NAUG) are SDS (-0.89), SPXU (-0.89) and SPXS (-0.89). A negative correlation means the two stocks have tended to move in opposite directions.

Innovator Growth-100 Power Buffer ETF - August (NAUG) — Stock Correlations & Overview

Over the past year, NAUG has moved most closely with AUGT, QMAG, BAUG. Explore the stocks most correlated and inversely correlated with NAUG below, along with its price, financials, and company profile.

Stocks correlated with NAUG

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

Most correlated with NAUG

Symbol	Company	Correlation
AUGT	AllianzIM U.S. Equity Buffer10 Aug ETF	0.94
QMAG	FT Vest Nasdaq-100 Moderate Buffer ETF - August	0.94
BAUG	Innovator U.S. Equity Buffer ETF - August	0.94
PQOC	PGIM Nasdaq-100 Buffer 12 ETF - October	0.94
PAUG	Innovator U.S. Equity Power Buffer ETF - August	0.93

Most inversely correlated with NAUG

Symbol	Company	Correlation
SDS	ProShares UltraShort S&P500	-0.89
SPXU	ProShares UltraPro Short S&P 500	-0.89
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.89
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.89
SH	ProShares Short S&P500	-0.88

Frequently asked questions about NAUG correlations

Which stocks are most correlated with NAUG?: Based on one year of daily returns, the stocks most correlated with Innovator Growth-100 Power Buffer ETF - August (NAUG) are AUGT (0.94), QMAG (0.94) and BAUG (0.94). 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 NAUG?: Over the past year, the stocks most inversely correlated with Innovator Growth-100 Power Buffer ETF - August (NAUG) are SDS (-0.89), SPXU (-0.89) and SPXS (-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 NAUG correlations calculated?: We compute the correlation of daily returns between NAUG 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.