SMART Trend 25 ETF (STRN) — Stock Correlations & Overview
Over the past year, STRN has moved most closely with FWD, FTC, SEIM. Explore the stocks most correlated and inversely correlated with STRN below, along with its price, financials, and company profile.
Stocks correlated with STRN
Correlation of daily returns. Higher positive values move with STRN; negative values move opposite it. Informational only, not investment advice.
Most correlated with STRN
| Symbol | Company | Correlation |
|---|---|---|
| FWD | AB Disruptors ETF | 0.93 |
| FTC | First Trust Large Cap Growth AlphaDEX Fund (based on the Defined Large Cap Growth Index--symbol DEFILGOI) | 0.93 |
| SEIM | SEI QiM U.S. Large Cap Momentum Active ETF | 0.92 |
| PWB | Invesco Large Cap Growth ETF | 0.92 |
| FDMO | Fidelity Momentum Factor ETF | 0.92 |
Frequently asked questions about STRN correlations
- Which stocks are most correlated with STRN?
- Based on one year of daily returns, the stocks most correlated with SMART Trend 25 ETF (STRN) are FWD (0.93), FTC (0.93) and SEIM (0.92). 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 STRN?
- Over the past year, the stocks most inversely correlated with SMART Trend 25 ETF (STRN) are HIBS (-0.88), SQQQ (-0.88) and QID (-0.88). 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 STRN correlations calculated?
- We compute the correlation of daily returns between STRN 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.