FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) — Stock Correlations & Overview

Over the past year, QCJL has moved most closely with FJUL, DJUL, XJUL. Explore the stocks most correlated and inversely correlated with QCJL below, along with its price, financials, and company profile.

Stocks correlated with QCJL

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

Most correlated with QCJL

SymbolCompanyCorrelation
FJULFT Vest U.S. Equity Buffer ETF - July0.92
DJULFT Vest U.S. Equity Deep Buffer ETF - July0.92
XJULFT Vest U.S. Equity Enhance & Moderate Buffer ETF - July0.92
PQOCPGIM Nasdaq-100 Buffer 12 ETF - October0.92
JULTAllianzIM U.S. Equity Buffer10 Jul ETF0.91

Most inversely correlated with QCJL

SymbolCompanyCorrelation
SPXSDirexion Daily S&P 500 Bear 3x ETF-0.85
SDSProShares UltraShort S&P500-0.85
SPXUProShares UltraPro Short S&P 500-0.85
SHProShares Short S&P500-0.84
SPDNDirexion Daily S&P 500 Bear 1X ETF-0.84

Frequently asked questions about QCJL correlations

Which stocks are most correlated with QCJL?
Based on one year of daily returns, the stocks most correlated with FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) are FJUL (0.92), DJUL (0.92) and XJUL (0.92). 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 QCJL?
Over the past year, the stocks most inversely correlated with FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) are SPXS (-0.85), SDS (-0.85) and SPXU (-0.85). 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 QCJL correlations calculated?
We compute the correlation of daily returns between QCJL 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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