Which stocks are most correlated with PSMO?

Based on one year of daily returns, the stocks most correlated with Pacer Swan SOS Moderate (October) ETF (PSMO) are PSCQ (0.97), PSFO (0.96) and DJAN (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 PSMO?

Over the past year, the stocks most inversely correlated with Pacer Swan SOS Moderate (October) ETF (PSMO) are SPXS (-0.92), SPXU (-0.91) and SPDN (-0.90). A negative correlation means the two stocks have tended to move in opposite directions.

Pacer Swan SOS Moderate (October) ETF (PSMO) — Stock Correlations & Overview

Over the past year, PSMO has moved most closely with PSCQ, PSFO, DJAN. Explore the stocks most correlated and inversely correlated with PSMO below, along with its price, financials, and company profile.

Stocks correlated with PSMO

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

Most correlated with PSMO

Symbol	Company	Correlation
PSCQ	Pacer Swan SOS Conservative (October) ETF	0.97
PSFO	Pacer Swan SOS Flex (October) ETF	0.96
DJAN	FT Vest U.S. Equity Deep Buffer ETF - January	0.94
JANT	AllianzIM U.S. Equity Buffer10 Jan ETF	0.94
BMAR	Innovator U.S. Equity Buffer ETF - March	0.94

Most inversely correlated with PSMO

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.92
SPXU	ProShares UltraPro Short S&P 500	-0.91
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.90
SDS	ProShares UltraShort S&P500	-0.90
SH	ProShares Short S&P500	-0.90

Frequently asked questions about PSMO correlations

Which stocks are most correlated with PSMO?: Based on one year of daily returns, the stocks most correlated with Pacer Swan SOS Moderate (October) ETF (PSMO) are PSCQ (0.97), PSFO (0.96) and DJAN (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 PSMO?: Over the past year, the stocks most inversely correlated with Pacer Swan SOS Moderate (October) ETF (PSMO) are SPXS (-0.92), SPXU (-0.91) and SPDN (-0.90). 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 PSMO correlations calculated?: We compute the correlation of daily returns between PSMO 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.