Which stocks are most correlated with VERS?

Based on one year of daily returns, the stocks most correlated with ProShares Metaverse ETF (VERS) are TRFM (0.91), QTUM (0.91) and IGM (0.90). 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 VERS?

Over the past year, the stocks most inversely correlated with ProShares Metaverse ETF (VERS) are SQQQ (-0.89), QID (-0.89) and PSQ (-0.88). A negative correlation means the two stocks have tended to move in opposite directions.

ProShares Metaverse ETF (VERS) — Stock Correlations & Overview

Over the past year, VERS has moved most closely with TRFM, QTUM, IGM. Explore the stocks most correlated and inversely correlated with VERS below, along with its price, financials, and company profile.

Stocks correlated with VERS

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

Most correlated with VERS

Symbol	Company	Correlation
TRFM	AAM Transformers ETF	0.91
QTUM	Defiance Quantum ETF	0.91
IGM	iShares Expanded Tech Sector ETF	0.90
AIQ	Global X Funds Global X Artificial Intelligence & Technology ETF	0.90
TTEQ	T. Rowe Price Technology ETF	0.90

Most inversely correlated with VERS

Symbol	Company	Correlation
SQQQ	ProShares UltraPro Short QQQ	-0.89
QID	ProShares UltraShort QQQ	-0.89
PSQ	ProShares Short QQQ	-0.88
TECS	Direxion Daily Technology Bear 3x ETF	-0.88
REW	Proshares UltraShort Technology	-0.88

Frequently asked questions about VERS correlations

Which stocks are most correlated with VERS?: Based on one year of daily returns, the stocks most correlated with ProShares Metaverse ETF (VERS) are TRFM (0.91), QTUM (0.91) and IGM (0.90). 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 VERS?: Over the past year, the stocks most inversely correlated with ProShares Metaverse ETF (VERS) are SQQQ (-0.89), QID (-0.89) and PSQ (-0.88). 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 VERS correlations calculated?: We compute the correlation of daily returns between VERS 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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