SGI Enhanced Core ETF (USDX) — Stock Correlations & Overview

Over the past year, USDX has moved most closely with SPAQ, CAS, ZMUN. Explore the stocks most correlated and inversely correlated with USDX below, along with its price, financials, and company profile.

Stocks correlated with USDX

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

Most correlated with USDX

SymbolCompanyCorrelation
SPAQHorizon Kinetics SPAC Active ETF0.40
CASSimplify China A Shares PLUS Income ETFBLANK CHECKS0.39
ZMUNThe RBB Fund, Inc. F/m Ultrashort Tax-Free Municipal ETF0.37
TRIOMC Trio Equity Buffered ETF0.36
TUSBThrivent Ultra Short Bond ETF0.36

Most inversely correlated with USDX

SymbolCompanyCorrelation
TNMGTNL Mediagene Ordinary Shares-0.33
TRIBTrinity Biotech plc-0.32
AAAAlternative Access First Priority CLO Bond ETF-0.30
PCHIPolen High Income ETF-0.28
UPCUniverse Pharmaceuticals Inc. Class A Ordinary Shares-0.26

Frequently asked questions about USDX correlations

Which stocks are most correlated with USDX?
Based on one year of daily returns, the stocks most correlated with SGI Enhanced Core ETF (USDX) are SPAQ (0.40), CAS (0.39) and ZMUN (0.37). 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 USDX?
Over the past year, the stocks most inversely correlated with SGI Enhanced Core ETF (USDX) are TNMG (-0.33), TRIB (-0.32) and AAA (-0.30). 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 USDX correlations calculated?
We compute the correlation of daily returns between USDX 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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