Which stocks are most correlated with TUA?

Based on one year of daily returns, the stocks most correlated with Simplify Short Term Treasury Futures Strategy ETF (TUA) are TYA (0.89), IEI (0.88) and UFIV (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 TUA?

Over the past year, the stocks most inversely correlated with Simplify Short Term Treasury Futures Strategy ETF (TUA) are PST (-0.83), TYO (-0.82) and TBX (-0.80). A negative correlation means the two stocks have tended to move in opposite directions.

Simplify Short Term Treasury Futures Strategy ETF (TUA) — Stock Correlations & Overview

Over the past year, TUA has moved most closely with TYA, IEI, UFIV. Explore the stocks most correlated and inversely correlated with TUA below, along with its price, financials, and company profile.

Stocks correlated with TUA

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

Most correlated with TUA

Symbol	Company	Correlation
TYA	Simplify Intermediate Term Treasury Futures Strategy ETF	0.89
IEI	iShares 3-7 Year Treasury Bond ETF	0.88
UFIV	US Treasury 5 Year Note ETF	0.88
XFIV	BondBloxx Bloomberg Five Year Target Duration US Treasury ETF	0.87
IBTK	iShares iBonds Dec 2030 Term Treasury ETF	0.87

Most inversely correlated with TUA

Symbol	Company	Correlation
PST	ProShares Trust UltraShort Lehman 7-10 Year Treasury	-0.83
TYO	Direxion Daily 7-10 Year Treasury Bear 3X ETF	-0.82
TBX	ProShares Short 7-10 Year Treasury	-0.80
TMV	Direxion Daily 20+ Year Treasury Bear 3X ETF	-0.62
TBT	ProShares Trust UltraShort Lehman 20+ Year Treasury	-0.61

Frequently asked questions about TUA correlations

Which stocks are most correlated with TUA?: Based on one year of daily returns, the stocks most correlated with Simplify Short Term Treasury Futures Strategy ETF (TUA) are TYA (0.89), IEI (0.88) and UFIV (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 TUA?: Over the past year, the stocks most inversely correlated with Simplify Short Term Treasury Futures Strategy ETF (TUA) are PST (-0.83), TYO (-0.82) and TBX (-0.80). 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 TUA correlations calculated?: We compute the correlation of daily returns between TUA 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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