Which stocks are most correlated with PSFM?

Based on one year of daily returns, the stocks most correlated with Pacer Swan SOS Flex (April) ETF (PSFM) are PSMR (0.93), PSCW (0.92) and BAPR (0.90). 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 PSFM?

Over the past year, the stocks most inversely correlated with Pacer Swan SOS Flex (April) ETF (PSFM) are SPXU (-0.87), SPXS (-0.87) and SDS (-0.86). A negative correlation means the two stocks have tended to move in opposite directions.

Pacer Swan SOS Flex (April) ETF (PSFM) — Stock Correlations & Overview

Over the past year, PSFM has moved most closely with PSMR, PSCW, BAPR. Explore the stocks most correlated and inversely correlated with PSFM below, along with its price, financials, and company profile.

Stocks correlated with PSFM

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

Most correlated with PSFM

Symbol	Company	Correlation
PSMR	Pacer Swan SOS Moderate (April) ETF	0.93
PSCW	Pacer Swan SOS Conservative (April) ETF	0.92
BAPR	Innovator U.S. Equity Buffer ETF - April	0.90
PSCX	Pacer Swan SOS Conservative (January) ETF	0.90
PSCQ	Pacer Swan SOS Conservative (October) ETF	0.90

Most inversely correlated with PSFM

Symbol	Company	Correlation
SPXU	ProShares UltraPro Short S&P 500	-0.87
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.87
SDS	ProShares UltraShort S&P500	-0.86
SH	ProShares Short S&P500	-0.86
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.84

Frequently asked questions about PSFM correlations

Which stocks are most correlated with PSFM?: Based on one year of daily returns, the stocks most correlated with Pacer Swan SOS Flex (April) ETF (PSFM) are PSMR (0.93), PSCW (0.92) and BAPR (0.90). 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 PSFM?: Over the past year, the stocks most inversely correlated with Pacer Swan SOS Flex (April) ETF (PSFM) are SPXU (-0.87), SPXS (-0.87) and SDS (-0.86). 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 PSFM correlations calculated?: We compute the correlation of daily returns between PSFM 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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