Touchstone Dynamic International ETF (TDI) — Stock Correlations & Overview
Over the past year, TDI has moved most closely with FINT, EDGI, DFAX. Explore the stocks most correlated and inversely correlated with TDI below, along with its price, financials, and company profile.
Stocks correlated with TDI
Correlation of daily returns. Higher positive values move with TDI; negative values move opposite it. Informational only, not investment advice.
Most correlated with TDI
| Symbol | Company | Correlation |
|---|---|---|
| FINT | Frontier Asset Total International Equity ETF | 0.97 |
| EDGI | 3EDGE Dynamic International Equity ETF | 0.97 |
| DFAX | Dimensional World ex U.S. Core Equity 2 ETF | 0.97 |
| AVNM | Avantis All International Markets Equity ETF | 0.96 |
| IXUS | iShares Core MSCI Total International Stock ETF | 0.96 |
Most inversely correlated with TDI
| Symbol | Company | Correlation |
|---|---|---|
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.91 |
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.91 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.91 |
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.90 |
| EFZ | ProShares Trust Short MSCI EAFE | -0.88 |
Frequently asked questions about TDI correlations
- Which stocks are most correlated with TDI?
- Based on one year of daily returns, the stocks most correlated with Touchstone Dynamic International ETF (TDI) are FINT (0.97), EDGI (0.97) and DFAX (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 TDI?
- Over the past year, the stocks most inversely correlated with Touchstone Dynamic International ETF (TDI) are EDZ (-0.91), EEV (-0.91) and EUM (-0.91). 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 TDI correlations calculated?
- We compute the correlation of daily returns between TDI 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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