Tidal Trust II Defiance Daily Target 2x Short MSTR ETF (SMST) — Stock Correlations & Overview
Over the past year, SMST has moved most closely with MSTZ, WNTR, SBIT. Explore the stocks most correlated and inversely correlated with SMST below, along with its price, financials, and company profile.
Stocks correlated with SMST
Correlation of daily returns. Higher positive values move with SMST; negative values move opposite it. Informational only, not investment advice.
Most correlated with SMST
| Symbol | Company | Correlation |
|---|---|---|
| MSTZ | T-Rex 2X Inverse MSTR Daily Target ETF | 1.00 |
| WNTR | YieldMax MSTR Short Option Income Strategy ETF | 0.93 |
| SBIT | ProShares UltraShort Bitcoin ETF | 0.83 |
| BTCZ | T-Rex 2X Inverse Bitcoin Daily Target ETF | 0.83 |
| BITI | ProShares Short Bitcoin ETF | 0.81 |
Most inversely correlated with SMST
| Symbol | Company | Correlation |
|---|---|---|
| MSTR | Strategy Inc Common Stock Class AFINANCE SERVICES | -0.98 |
| MSTW | Roundhill MSTR WeeklyPay ETF | -0.98 |
| MSTP | GraniteShares 2x Long MSTR Daily ETF | -0.97 |
| MSTU | T-Rex 2X Long MSTR Daily Target ETF | -0.97 |
| MSTX | Tidal Trust II Defiance Daily Target 2x Long MSTR ETF | -0.97 |
Frequently asked questions about SMST correlations
- Which stocks are most correlated with SMST?
- Based on one year of daily returns, the stocks most correlated with Tidal Trust II Defiance Daily Target 2x Short MSTR ETF (SMST) are MSTZ (1.00), WNTR (0.93) and SBIT (0.83). 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 SMST?
- Over the past year, the stocks most inversely correlated with Tidal Trust II Defiance Daily Target 2x Short MSTR ETF (SMST) are MSTR (-0.98), MSTW (-0.98) and MSTP (-0.97). 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 SMST correlations calculated?
- We compute the correlation of daily returns between SMST 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.
Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.