The Nightview Fund (NITE) — Stock Correlations & Overview
Over the past year, NITE has moved most closely with SCHG, GINN, HQGO. Explore the stocks most correlated and inversely correlated with NITE below, along with its price, financials, and company profile.
Stocks correlated with NITE
Correlation of daily returns. Higher positive values move with NITE; negative values move opposite it. Informational only, not investment advice.
Most correlated with NITE
| Symbol | Company | Correlation |
|---|---|---|
| SCHG | Schwab U.S. Large-Cap Growth ETF | 0.87 |
| GINN | Goldman Sachs Innovate Equity ETF | 0.87 |
| HQGO | Hartford US Quality Growth ETF | 0.87 |
| LGRO | Level Four Large Cap Growth Active ETF | 0.87 |
| SFYF | SoFi Social 50 ETF | 0.87 |
Most inversely correlated with NITE
| Symbol | Company | Correlation |
|---|---|---|
| SARK | Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF | -0.82 |
| SDS | ProShares UltraShort S&P500 | -0.82 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.82 |
| QQQD | Direxion Daily Magnificent 7 Bear 1X ETF | -0.82 |
| SPXU | ProShares UltraPro Short S&P 500 | -0.82 |
Frequently asked questions about NITE correlations
- Which stocks are most correlated with NITE?
- Based on one year of daily returns, the stocks most correlated with The Nightview Fund (NITE) are SCHG (0.87), GINN (0.87) and HQGO (0.87). 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 NITE?
- Over the past year, the stocks most inversely correlated with The Nightview Fund (NITE) are SARK (-0.82), SDS (-0.82) and WEBS (-0.82). 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 NITE correlations calculated?
- We compute the correlation of daily returns between NITE 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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