Which stocks are most correlated with QMMY?

Based on one year of daily returns, the stocks most correlated with FT Vest Nasdaq-100 Moderate Buffer ETF - May (QMMY) are NJUN (0.97), MQQQ (0.94) and NMAY (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 QMMY?

Over the past year, the stocks most inversely correlated with FT Vest Nasdaq-100 Moderate Buffer ETF - May (QMMY) are QID (-0.94), SQQQ (-0.93) and PSQ (-0.93). A negative correlation means the two stocks have tended to move in opposite directions.

FT Vest Nasdaq-100 Moderate Buffer ETF - May (QMMY) — Stock Correlations & Overview

Over the past year, QMMY has moved most closely with NJUN, MQQQ, NMAY. Explore the stocks most correlated and inversely correlated with QMMY below, along with its price, financials, and company profile.

Stocks correlated with QMMY

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

Most correlated with QMMY

Symbol	Company	Correlation
NJUN	Innovator Growth-100 Power Buffer ETF - June	0.97
MQQQ	Investment Managers Series Trust II Tradr 2X Long Innovation 100 Monthly ETF	0.94
NMAY	Innovator Growth-100 Power Buffer ETF - May	0.94
GPIQ	Goldman Sachs ETF Trust Goldman Sachs Nasdaq-100 Premium Income ETF	0.94
JEPQ	J.P. Morgan Nasdaq Equity Premium Income ETF	0.94

Most inversely correlated with QMMY

Symbol	Company	Correlation
QID	ProShares UltraShort QQQ	-0.94
SQQQ	ProShares UltraPro Short QQQ	-0.93
PSQ	ProShares Short QQQ	-0.93
TECS	Direxion Daily Technology Bear 3x ETF	-0.89
REW	Proshares UltraShort Technology	-0.89

Frequently asked questions about QMMY correlations

Which stocks are most correlated with QMMY?: Based on one year of daily returns, the stocks most correlated with FT Vest Nasdaq-100 Moderate Buffer ETF - May (QMMY) are NJUN (0.97), MQQQ (0.94) and NMAY (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 QMMY?: Over the past year, the stocks most inversely correlated with FT Vest Nasdaq-100 Moderate Buffer ETF - May (QMMY) are QID (-0.94), SQQQ (-0.93) and PSQ (-0.93). 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 QMMY correlations calculated?: We compute the correlation of daily returns between QMMY 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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