T-Rex 2X Long NFLX Daily Target ETF (NFLU) — Stock Correlations & Overview
Over the past year, NFLU has moved most closely with NFLX, NFXL, NFLW. Explore the stocks most correlated and inversely correlated with NFLU below, along with its price, financials, and company profile.
Stocks correlated with NFLU
Correlation of daily returns. Higher positive values move with NFLU; negative values move opposite it. Informational only, not investment advice.
Most correlated with NFLU
| Symbol | Company | Correlation |
|---|---|---|
| NFLX | NetFlix IncSERVICES-VIDEO TAPE RENTAL | 1.00 |
| NFXL | Direxion Shares ETF Trust Direxion Daily NFLX Bull 2X ETF | 1.00 |
| NFLW | Roundhill NFLX WeeklyPay ETF | 0.98 |
| NFLP | Kurv Yield Premium Strategy Netflix (NFLX) ETF | 0.97 |
| NFLY | YieldMax NFLX Option Income Strategy ETF | 0.94 |
Most inversely correlated with NFLU
| Symbol | Company | Correlation |
|---|---|---|
| NFXS | Direxion Shares ETF Trust Direxion Daily NFLX Bear 1X ETF | -0.99 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.34 |
| VICR | Vicor CorpELECTRONIC COMPONENTS, NEC | -0.30 |
| BHE | Benchmark ElectronicsPRINTED CIRCUIT BOARDS | -0.24 |
| FNGD | MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038COMMERCIAL BANKS, NEC | -0.24 |
Frequently asked questions about NFLU correlations
- Which stocks are most correlated with NFLU?
- Based on one year of daily returns, the stocks most correlated with T-Rex 2X Long NFLX Daily Target ETF (NFLU) are NFLX (1.00), NFXL (1.00) and NFLW (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 NFLU?
- Over the past year, the stocks most inversely correlated with T-Rex 2X Long NFLX Daily Target ETF (NFLU) are NFXS (-0.99), WEBS (-0.34) and VICR (-0.30). 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 NFLU correlations calculated?
- We compute the correlation of daily returns between NFLU 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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