Which stocks are most correlated with UPSD?

Based on one year of daily returns, the stocks most correlated with Aptus Large Cap Upside ETF (UPSD) are FQAL (0.93), GSLC (0.93) and HDUS (0.93). 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 UPSD?

Over the past year, the stocks most inversely correlated with Aptus Large Cap Upside ETF (UPSD) are SDS (-0.91), SPXU (-0.90) and SPXS (-0.90). A negative correlation means the two stocks have tended to move in opposite directions.

Aptus Large Cap Upside ETF (UPSD) — Stock Correlations & Overview

Over the past year, UPSD has moved most closely with FQAL, GSLC, HDUS. Explore the stocks most correlated and inversely correlated with UPSD below, along with its price, financials, and company profile.

Stocks correlated with UPSD

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

Most correlated with UPSD

Symbol	Company	Correlation
FQAL	Fidelity Quality Factor ETF	0.93
GSLC	Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF	0.93
HDUS	Hartford Disciplined US Equity ETF	0.93
FEUS	Northern Trust ESG & Climate US Large Cap Core ETF	0.93
QUS	State Street SPDR MSCI USA StrategicFactors ETF	0.92

Most inversely correlated with UPSD

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

Frequently asked questions about UPSD correlations

Which stocks are most correlated with UPSD?: Based on one year of daily returns, the stocks most correlated with Aptus Large Cap Upside ETF (UPSD) are FQAL (0.93), GSLC (0.93) and HDUS (0.93). 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 UPSD?: Over the past year, the stocks most inversely correlated with Aptus Large Cap Upside ETF (UPSD) are SDS (-0.91), SPXU (-0.90) and SPXS (-0.90). 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 UPSD correlations calculated?: We compute the correlation of daily returns between UPSD 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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