Which stocks are most correlated with TTXU?

Based on one year of daily returns, the stocks most correlated with Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) are TRUT (0.89), GXPT (0.88) and ROM (0.88). 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 TTXU?

Over the past year, the stocks most inversely correlated with Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) are TTXD (-0.95), TECS (-0.88) and REW (-0.88). A negative correlation means the two stocks have tended to move in opposite directions.

Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) — Stock Correlations & Overview

Over the past year, TTXU has moved most closely with TRUT, GXPT, ROM. Explore the stocks most correlated and inversely correlated with TTXU below, along with its price, financials, and company profile.

Stocks correlated with TTXU

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

Most correlated with TTXU

Symbol	Company	Correlation
TRUT	VanEck Technology TruSector ETF	0.89
GXPT	Global X PureCap MSCI Information Technology ETF	0.88
ROM	ProShares Ultra Technology	0.88
XLK	State Street Technology Select Sector SPDR ETF	0.88
IXN	iShares Global Tech ETF	0.88

Most inversely correlated with TTXU

Symbol	Company	Correlation
TTXD	Direxion Daily Technology Top 5 Bear 2X ETF	-0.95
TECS	Direxion Daily Technology Bear 3x ETF	-0.88
REW	Proshares UltraShort Technology	-0.88
TSXD	Direxion Daily Semiconductors Top 5 Bear 2X ETF	-0.85
SSG	ProShares UltraShort Semiconductors	-0.85

Frequently asked questions about TTXU correlations

Which stocks are most correlated with TTXU?: Based on one year of daily returns, the stocks most correlated with Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) are TRUT (0.89), GXPT (0.88) and ROM (0.88). 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 TTXU?: Over the past year, the stocks most inversely correlated with Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) are TTXD (-0.95), TECS (-0.88) and REW (-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 TTXU correlations calculated?: We compute the correlation of daily returns between TTXU 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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