Simplify US Equity Income ETF (SPUC) — Stock Correlations & Overview
Over the past year, SPUC has moved most closely with APUE, IVVB, STEN. Explore the stocks most correlated and inversely correlated with SPUC below, along with its price, financials, and company profile.
Stocks correlated with SPUC
Correlation of daily returns. Higher positive values move with SPUC; negative values move opposite it. Informational only, not investment advice.
Frequently asked questions about SPUC correlations
- Which stocks are most correlated with SPUC?
- Based on one year of daily returns, the stocks most correlated with Simplify US Equity Income ETF (SPUC) are APUE (0.89), IVVB (0.89) and STEN (0.89). 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 SPUC?
- Over the past year, the stocks most inversely correlated with Simplify US Equity Income ETF (SPUC) are SDS (-0.86), SPXU (-0.86) and SPXS (-0.86). 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 SPUC correlations calculated?
- We compute the correlation of daily returns between SPUC 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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