Which stocks are most correlated with VSMV?

Based on one year of daily returns, the stocks most correlated with VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) are QUS (0.83), VOOV (0.83) and IVE (0.83). 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 VSMV?

Over the past year, the stocks most inversely correlated with VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) are SDOW (-0.67), DXD (-0.67) and DOG (-0.67). A negative correlation means the two stocks have tended to move in opposite directions.

VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) — Stock Correlations & Overview

Over the past year, VSMV has moved most closely with QUS, VOOV, IVE. Explore the stocks most correlated and inversely correlated with VSMV below, along with its price, financials, and company profile.

Stocks correlated with VSMV

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

Most correlated with VSMV

Symbol	Company	Correlation
QUS	State Street SPDR MSCI USA StrategicFactors ETF	0.83
VOOV	Vanguard S&P 500 Value ETF	0.83
IVE	iShares S&P 500 Value ETF	0.83
IUSV	iShares Core S&P U.S. Value ETF	0.83
VALQ	American Century U.S. Quality Value ETF	0.82

Most inversely correlated with VSMV

Symbol	Company	Correlation
SDOW	ProShares UltraPro Short Dow 30	-0.67
DXD	ProShares UltraShort Dow 30	-0.67
DOG	ProShares Short Dow30	-0.67
SMDD	ProShares UltraPro Short MidCap400	-0.66
MZZ	ProShares UltraShort MidCap400	-0.66

Frequently asked questions about VSMV correlations

Which stocks are most correlated with VSMV?: Based on one year of daily returns, the stocks most correlated with VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) are QUS (0.83), VOOV (0.83) and IVE (0.83). 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 VSMV?: Over the past year, the stocks most inversely correlated with VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) are SDOW (-0.67), DXD (-0.67) and DOG (-0.67). 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 VSMV correlations calculated?: We compute the correlation of daily returns between VSMV 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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