Which stocks are most correlated with QARP?

Based on one year of daily returns, the stocks most correlated with Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) are IUS (0.94), DFVX (0.94) and QUS (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 QARP?

Over the past year, the stocks most inversely correlated with Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) are SPXU (-0.88), SDS (-0.87) and SPXS (-0.87). A negative correlation means the two stocks have tended to move in opposite directions.

Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) — Stock Correlations & Overview

Over the past year, QARP has moved most closely with IUS, DFVX, QUS. Explore the stocks most correlated and inversely correlated with QARP below, along with its price, financials, and company profile.

Stocks correlated with QARP

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

Most correlated with QARP

Symbol	Company	Correlation
IUS	Invesco Exchange-Traded Self-Indexed Fund Trust Invesco RAFI Strategic US ETF	0.94
DFVX	Dimensional US Large Cap Vector ETF	0.94
QUS	State Street SPDR MSCI USA StrategicFactors ETF	0.93
PRF	Invesco RAFI US 1000 ETF	0.92
DGRW	WisdomTree Trust WisdomTree U.S. Quality Dividend Growth Fund	0.91

Most inversely correlated with QARP

Symbol	Company	Correlation
SPXU	ProShares UltraPro Short S&P 500	-0.88
SDS	ProShares UltraShort S&P500	-0.87
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.87
SH	ProShares Short S&P500	-0.87
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.87

Frequently asked questions about QARP correlations

Which stocks are most correlated with QARP?: Based on one year of daily returns, the stocks most correlated with Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) are IUS (0.94), DFVX (0.94) and QUS (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 QARP?: Over the past year, the stocks most inversely correlated with Xtrackers Russell 1000 US Quality at a Reasonable Price ETF (QARP) are SPXU (-0.88), SDS (-0.87) and SPXS (-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 QARP correlations calculated?: We compute the correlation of daily returns between QARP 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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