Return Stacked Bonds & Managed Futures ETF (RSBT) — Stock Correlations & Overview
Over the past year, RSBT has moved most closely with RSST, AHLT, FARX. Explore the stocks most correlated and inversely correlated with RSBT below, along with its price, financials, and company profile.
Stocks correlated with RSBT
Correlation of daily returns. Higher positive values move with RSBT; negative values move opposite it. Informational only, not investment advice.
Most correlated with RSBT
| Symbol | Company | Correlation |
|---|---|---|
| RSST | Return Stacked U.S. Stocks & Managed Futures ETF | 0.79 |
| AHLT | American Beacon AHL Trend ETF | 0.78 |
| FARX | Frontier Asset Absolute Return ETF | 0.74 |
| PRAE | PlanRock Alternative Growth ETF | 0.74 |
| MOOD | Relative Sentiment Tactical Allocation ETF | 0.73 |
Most inversely correlated with RSBT
| Symbol | Company | Correlation |
|---|---|---|
| ZSL | ProShares UltraShort SilverCOMMODITY CONTRACTS BROKERS & DEALERS | -0.57 |
| GLL | ProShares UltraShort GoldCOMMODITY CONTRACTS BROKERS & DEALERS | -0.53 |
| DULL | MicroSectors Gold -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.52 |
| JDST | Direxion Daily Junior Gold Miners Index Bear 2X ETF | -0.51 |
| DUST | Direxion Daily Gold Miners Index Bear 2X ETF | -0.50 |
Frequently asked questions about RSBT correlations
- Which stocks are most correlated with RSBT?
- Based on one year of daily returns, the stocks most correlated with Return Stacked Bonds & Managed Futures ETF (RSBT) are RSST (0.79), AHLT (0.78) and FARX (0.74). 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 RSBT?
- Over the past year, the stocks most inversely correlated with Return Stacked Bonds & Managed Futures ETF (RSBT) are ZSL (-0.57), GLL (-0.53) and DULL (-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 RSBT correlations calculated?
- We compute the correlation of daily returns between RSBT 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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