Motley Fool Mid-Cap Growth ETF (TMFM) — Stock Correlations & Overview
Over the past year, TMFM has moved most closely with MOAT, RUNN, FSGS. Explore the stocks most correlated and inversely correlated with TMFM below, along with its price, financials, and company profile.
Stocks correlated with TMFM
Correlation of daily returns. Higher positive values move with TMFM; negative values move opposite it. Informational only, not investment advice.
Most correlated with TMFM
| Symbol | Company | Correlation |
|---|---|---|
| MOAT | VanEck Morningstar Wide Moat ETF | 0.82 |
| RUNN | Strategic Trust Running Oak Efficient Growth ETF | 0.81 |
| FSGS | First Trust Exchange-Traded Fund VI First Trust SMID Growth Strength ETF | 0.80 |
| SFLO | VictoryShares Small Cap Free Cash Flow ETF | 0.79 |
| TMFX | Motley Fool Next Index ETF | 0.79 |
Most inversely correlated with TMFM
| Symbol | Company | Correlation |
|---|---|---|
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.80 |
| DWSH | AdvisorShares Dorsey Wright Short ETF | -0.73 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | -0.63 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.62 |
| SEF | ProShares Short Financials | -0.58 |
Frequently asked questions about TMFM correlations
- Which stocks are most correlated with TMFM?
- Based on one year of daily returns, the stocks most correlated with Motley Fool Mid-Cap Growth ETF (TMFM) are MOAT (0.82), RUNN (0.81) and FSGS (0.80). 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 TMFM?
- Over the past year, the stocks most inversely correlated with Motley Fool Mid-Cap Growth ETF (TMFM) are HDGE (-0.80), DWSH (-0.73) and WEBS (-0.63). 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 TMFM correlations calculated?
- We compute the correlation of daily returns between TMFM 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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