Which stocks are most correlated with VIDI?

Based on one year of daily returns, the stocks most correlated with Vident International Equity Strategy (VIDI) are DFAX (0.93), FINT (0.93) and AVNM (0.92). 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 VIDI?

Over the past year, the stocks most inversely correlated with Vident International Equity Strategy (VIDI) are EUM (-0.86), EEV (-0.86) and EFU (-0.86). A negative correlation means the two stocks have tended to move in opposite directions.

Vident International Equity Strategy (VIDI) — Stock Correlations & Overview

Over the past year, VIDI has moved most closely with DFAX, FINT, AVNM. Explore the stocks most correlated and inversely correlated with VIDI below, along with its price, financials, and company profile.

Stocks correlated with VIDI

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

Most correlated with VIDI

Symbol	Company	Correlation
DFAX	Dimensional World ex U.S. Core Equity 2 ETF	0.93
FINT	Frontier Asset Total International Equity ETF	0.93
AVNM	Avantis All International Markets Equity ETF	0.92
AVNV	Avantis All International Markets Value ETF	0.92
VXUS	Vanguard Total International Stock ETF	0.92

Most inversely correlated with VIDI

Symbol	Company	Correlation
EUM	ProShares Trust Short MSCI Emerging Markets	-0.86
EEV	ProShares Trust UltraShort MSCI Emerging Markets	-0.86
EFU	ProShares Trust UltraShort MSCI EAFE	-0.86
EDZ	Direxion Daily MSCI Emerging Markets Bear 3X ETF	-0.86
EFZ	ProShares Trust Short MSCI EAFE	-0.84

Frequently asked questions about VIDI correlations

Which stocks are most correlated with VIDI?: Based on one year of daily returns, the stocks most correlated with Vident International Equity Strategy (VIDI) are DFAX (0.93), FINT (0.93) and AVNM (0.92). 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 VIDI?: Over the past year, the stocks most inversely correlated with Vident International Equity Strategy (VIDI) are EUM (-0.86), EEV (-0.86) and EFU (-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 VIDI correlations calculated?: We compute the correlation of daily returns between VIDI 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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