AllianzIM Buffer15 Uncapped Allocation ETF (SPBU) — Stock Correlations & Overview
Over the past year, SPBU has moved most closely with UXJA, UXOC, GXLC. Explore the stocks most correlated and inversely correlated with SPBU below, along with its price, financials, and company profile.
Stocks correlated with SPBU
Correlation of daily returns. Higher positive values move with SPBU; negative values move opposite it. Informational only, not investment advice.
Most correlated with SPBU
| Symbol | Company | Correlation |
|---|---|---|
| UXJA | FT Vest U.S. Equity Uncapped Accelerator ETF - January | 0.97 |
| UXOC | FT Vest U.S. Equity Uncapped Accelerator ETF - October | 0.97 |
| GXLC | Global X U.S. 500 ETF | 0.97 |
| FEBU | AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF | 0.97 |
| UXJL | FT Vest U.S. Equity Uncapped Accelerator ETF - July | 0.97 |
Frequently asked questions about SPBU correlations
- Which stocks are most correlated with SPBU?
- Based on one year of daily returns, the stocks most correlated with AllianzIM Buffer15 Uncapped Allocation ETF (SPBU) are UXJA (0.97), UXOC (0.97) and GXLC (0.97). 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 SPBU?
- Over the past year, the stocks most inversely correlated with AllianzIM Buffer15 Uncapped Allocation ETF (SPBU) are SPXS (-0.96), SPXU (-0.96) and SDS (-0.96). 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 SPBU correlations calculated?
- We compute the correlation of daily returns between SPBU 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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