Which stocks are most correlated with QCLR?

Based on one year of daily returns, the stocks most correlated with Global X NASDAQ 100 Collar 95-110 ETF (QCLR) are XCLR (0.96), XTR (0.94) and QTR (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 QCLR?

Over the past year, the stocks most inversely correlated with Global X NASDAQ 100 Collar 95-110 ETF (QCLR) are QID (-0.52), SQQQ (-0.52) and PSQ (-0.52). A negative correlation means the two stocks have tended to move in opposite directions.

Global X NASDAQ 100 Collar 95-110 ETF (QCLR) — Stock Correlations & Overview

Over the past year, QCLR has moved most closely with XCLR, XTR, QTR. Explore the stocks most correlated and inversely correlated with QCLR below, along with its price, financials, and company profile.

Stocks correlated with QCLR

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

Most correlated with QCLR

Symbol	Company	Correlation
XCLR	Global X S&P 500 Collar 95-110 ETF	0.96
XTR	Global X S&P 500 Tail Risk ETF	0.94
QTR	Global X NASDAQ 100 Tail Risk ETF	0.92
MSTQ	LHA Market State Tactical Q ETF	0.88
XYLG	Global X S&P 500 Covered Call & Growth ETF	0.86

Most inversely correlated with QCLR

Symbol	Company	Correlation
QID	ProShares UltraShort QQQ	-0.52
SQQQ	ProShares UltraPro Short QQQ	-0.52
PSQ	ProShares Short QQQ	-0.52
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.51
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.51

Frequently asked questions about QCLR correlations

Which stocks are most correlated with QCLR?: Based on one year of daily returns, the stocks most correlated with Global X NASDAQ 100 Collar 95-110 ETF (QCLR) are XCLR (0.96), XTR (0.94) and QTR (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 QCLR?: Over the past year, the stocks most inversely correlated with Global X NASDAQ 100 Collar 95-110 ETF (QCLR) are QID (-0.52), SQQQ (-0.52) and PSQ (-0.52). 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 QCLR correlations calculated?: We compute the correlation of daily returns between QCLR 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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