Touchstone Ultra Short Income ETF (TUSI) — Stock Correlations & Overview
Over the past year, TUSI has moved most closely with OPER, FLDR, FLDB. Explore the stocks most correlated and inversely correlated with TUSI below, along with its price, financials, and company profile.
Stocks correlated with TUSI
Correlation of daily returns. Higher positive values move with TUSI; negative values move opposite it. Informational only, not investment advice.
Most correlated with TUSI
| Symbol | Company | Correlation |
|---|---|---|
| OPER | ClearShares Ultra-Short Maturity ETF | 0.75 |
| FLDR | Fidelity Low Duration Bond Factor ETF | 0.70 |
| FLDB | Fidelity Low Duration Bond ETF | 0.65 |
| KCSH | KraneShares Sustainable Ultra Short Duration Index ETF | 0.62 |
| OGSP | Obra High Grade Structured Products ETF | 0.61 |
Most inversely correlated with TUSI
| Symbol | Company | Correlation |
|---|---|---|
| BQ | Boqii Holding Limited | -0.29 |
| ENTA | Enanta Pharmaceuticals, IncPHARMACEUTICAL PREPARATIONS | -0.25 |
| WOLF | Wolfspeed, Inc.SEMICONDUCTORS & RELATED DEVICES | -0.25 |
| INTS | Intensity Therapeutics, Inc. Common stockBIOLOGICAL PRODUCTS, (NO DIAGNOSTIC SUBSTANCES) | -0.23 |
| MKTX | MarketAxess Holdings Inc.SECURITY BROKERS, DEALERS & FLOTATION COMPANIES | -0.21 |
Frequently asked questions about TUSI correlations
- Which stocks are most correlated with TUSI?
- Based on one year of daily returns, the stocks most correlated with Touchstone Ultra Short Income ETF (TUSI) are OPER (0.75), FLDR (0.70) and FLDB (0.65). 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 TUSI?
- Over the past year, the stocks most inversely correlated with Touchstone Ultra Short Income ETF (TUSI) are BQ (-0.29), ENTA (-0.25) and WOLF (-0.25). 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 TUSI correlations calculated?
- We compute the correlation of daily returns between TUSI 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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