Which stocks are most correlated with UJUN?

Based on one year of daily returns, the stocks most correlated with Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) are JUNT (0.97), BJUN (0.96) and JUNW (0.96). 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 UJUN?

Over the past year, the stocks most inversely correlated with Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) are SDS (-0.91), SPXU (-0.91) and SPXS (-0.91). A negative correlation means the two stocks have tended to move in opposite directions.

Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) — Stock Correlations & Overview

Over the past year, UJUN has moved most closely with JUNT, BJUN, JUNW. Explore the stocks most correlated and inversely correlated with UJUN below, along with its price, financials, and company profile.

Stocks correlated with UJUN

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

Most correlated with UJUN

Symbol	Company	Correlation
JUNT	AllianzIM U.S. Equity Buffer10 Jun ETF	0.97
BJUN	Innovator U.S. Equity Buffer ETF - June	0.96
JUNW	AllianzIM U.S. Equity Buffer20 Jun ETF	0.96
FMAY	FT Vest U.S. Equity Buffer ETF - May	0.96
PJUN	Innovator U.S. Equity Power Buffer ETF - June	0.95

Most inversely correlated with UJUN

Symbol	Company	Correlation
SDS	ProShares UltraShort S&P500	-0.91
SPXU	ProShares UltraPro Short S&P 500	-0.91
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.91
SH	ProShares Short S&P500	-0.90
SPDN	Direxion Daily S&P 500 Bear 1X ETF	-0.89

Frequently asked questions about UJUN correlations

Which stocks are most correlated with UJUN?: Based on one year of daily returns, the stocks most correlated with Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) are JUNT (0.97), BJUN (0.96) and JUNW (0.96). 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 UJUN?: Over the past year, the stocks most inversely correlated with Innovator U.S. Equity Ultra Buffer ETF - June (UJUN) are SDS (-0.91), SPXU (-0.91) and SPXS (-0.91). 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 UJUN correlations calculated?: We compute the correlation of daily returns between UJUN 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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