Thornburg International Growth Fund ETF (TXUG) — Stock Correlations & Overview
Over the past year, TXUG has moved most closely with EFG, CVIE, CGGE. Explore the stocks most correlated and inversely correlated with TXUG below, along with its price, financials, and company profile.
Stocks correlated with TXUG
Correlation of daily returns. Higher positive values move with TXUG; negative values move opposite it. Informational only, not investment advice.
Most correlated with TXUG
| Symbol | Company | Correlation |
|---|---|---|
| EFG | iShares MSCI EAFE Growth ETF | 0.93 |
| CVIE | Calvert International Responsible Index ETF | 0.92 |
| CGGE | Capital Group Global Equity ETF | 0.92 |
| DNL | WisdomTree Global ex-U.S. Quality Growth Fund | 0.92 |
| BINT | Bluemonte Global Equity ETF | 0.92 |
Most inversely correlated with TXUG
| Symbol | Company | Correlation |
|---|---|---|
| EFU | ProShares Trust UltraShort MSCI EAFE | -0.87 |
| EFZ | ProShares Trust Short MSCI EAFE | -0.85 |
| EEV | ProShares Trust UltraShort MSCI Emerging Markets | -0.84 |
| EUM | ProShares Trust Short MSCI Emerging Markets | -0.84 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | -0.84 |
Frequently asked questions about TXUG correlations
- Which stocks are most correlated with TXUG?
- Based on one year of daily returns, the stocks most correlated with Thornburg International Growth Fund ETF (TXUG) are EFG (0.93), CVIE (0.92) and CGGE (0.92). 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 TXUG?
- Over the past year, the stocks most inversely correlated with Thornburg International Growth Fund ETF (TXUG) are EFU (-0.87), EFZ (-0.85) and EEV (-0.84). 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 TXUG correlations calculated?
- We compute the correlation of daily returns between TXUG 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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