Which stocks are most correlated with TDEC?

Based on one year of daily returns, the stocks most correlated with FT Vest Emerging Markets Buffer ETF - December (TDEC) are EJAN (0.97), EEMX (0.94) and DFAE (0.94). 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 TDEC?

Over the past year, the stocks most inversely correlated with FT Vest Emerging Markets Buffer ETF - December (TDEC) are EEV (-0.94), EDZ (-0.94) and EUM (-0.93). A negative correlation means the two stocks have tended to move in opposite directions.

FT Vest Emerging Markets Buffer ETF - December (TDEC) — Stock Correlations & Overview

Over the past year, TDEC has moved most closely with EJAN, EEMX, DFAE. Explore the stocks most correlated and inversely correlated with TDEC below, along with its price, financials, and company profile.

Stocks correlated with TDEC

Correlation of daily returns. Higher positive values move with TDEC; negative values move opposite it. Informational only, not investment advice.

Most correlated with TDEC

Symbol	Company	Correlation
EJAN	Innovator Emerging Markets Power Buffer ETF January	0.97
EEMX	State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF	0.94
DFAE	Dimensional Emerging Core Equity Market ETF	0.94
EMCR	Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF	0.94
EDC	Direxion Daily MSCI Emerging Markets Bull 3X ETF	0.94

Most inversely correlated with TDEC

Symbol	Company	Correlation
EEV	ProShares Trust UltraShort MSCI Emerging Markets	-0.94
EDZ	Direxion Daily MSCI Emerging Markets Bear 3X ETF	-0.94
EUM	ProShares Trust Short MSCI Emerging Markets	-0.93
EFU	ProShares Trust UltraShort MSCI EAFE	-0.80
EWV	ProShares Trust UltraShort MSCI Japan	-0.80

Frequently asked questions about TDEC correlations

Which stocks are most correlated with TDEC?: Based on one year of daily returns, the stocks most correlated with FT Vest Emerging Markets Buffer ETF - December (TDEC) are EJAN (0.97), EEMX (0.94) and DFAE (0.94). 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 TDEC?: Over the past year, the stocks most inversely correlated with FT Vest Emerging Markets Buffer ETF - December (TDEC) are EEV (-0.94), EDZ (-0.94) and EUM (-0.93). 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 TDEC correlations calculated?: We compute the correlation of daily returns between TDEC 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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