Pacer Swan SOS Moderate (July) ETF (PSMJ) — Stock Correlations & Overview
Over the past year, PSMJ has moved most closely with PSCJ, PSFJ, FJUN. Explore the stocks most correlated and inversely correlated with PSMJ below, along with its price, financials, and company profile.
Stocks correlated with PSMJ
Correlation of daily returns. Higher positive values move with PSMJ; negative values move opposite it. Informational only, not investment advice.
Frequently asked questions about PSMJ correlations
- Which stocks are most correlated with PSMJ?
- Based on one year of daily returns, the stocks most correlated with Pacer Swan SOS Moderate (July) ETF (PSMJ) are PSCJ (0.97), PSFJ (0.94) and FJUN (0.93). 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 PSMJ?
- Over the past year, the stocks most inversely correlated with Pacer Swan SOS Moderate (July) ETF (PSMJ) are SPXS (-0.87), SPXU (-0.87) and SDS (-0.87). 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 PSMJ correlations calculated?
- We compute the correlation of daily returns between PSMJ 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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