ProShares Ultra 7-10 Year Treasury (UST) — Stock Correlations & Overview
Over the past year, UST has moved most closely with TYD, TYA, CPAG. Explore the stocks most correlated and inversely correlated with UST below, along with its price, financials, and company profile.
Stocks correlated with UST
Correlation of daily returns. Higher positive values move with UST; negative values move opposite it. Informational only, not investment advice.
Most correlated with UST
| Symbol | Company | Correlation |
|---|---|---|
| TYD | Direxion Daily 7-10 Year Treasury Bull 3X ETF | 0.96 |
| TYA | Simplify Intermediate Term Treasury Futures Strategy ETF | 0.95 |
| CPAG | F/m Compoundr U.S. Aggregate Bond ETF | 0.95 |
| IBTP | iShares iBonds Dec 2034 Term Treasury ETF | 0.94 |
| UTEN | US Treasury 10 Year Note ETF | 0.94 |
Most inversely correlated with UST
| Symbol | Company | Correlation |
|---|---|---|
| TYO | Direxion Daily 7-10 Year Treasury Bear 3X ETF | -0.94 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.92 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | -0.86 |
| TBX | ProShares Short 7-10 Year Treasury | -0.85 |
| TBT | ProShares Trust UltraShort Lehman 20+ Year Treasury | -0.84 |
Frequently asked questions about UST correlations
- Which stocks are most correlated with UST?
- Based on one year of daily returns, the stocks most correlated with ProShares Ultra 7-10 Year Treasury (UST) are TYD (0.96), TYA (0.95) and CPAG (0.95). 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 UST?
- Over the past year, the stocks most inversely correlated with ProShares Ultra 7-10 Year Treasury (UST) are TYO (-0.94), PST (-0.92) and TMV (-0.86). 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 UST correlations calculated?
- We compute the correlation of daily returns between UST 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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