Which stocks are most correlated with XAPR?

Based on one year of daily returns, the stocks most correlated with FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR) are DAPR (0.93), GAPR (0.92) and FAPR (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 XAPR?

Over the past year, the stocks most inversely correlated with FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR) are SPXS (-0.78), SPXU (-0.78) and SDS (-0.78). A negative correlation means the two stocks have tended to move in opposite directions.

FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR) — Stock Correlations & Overview

Over the past year, XAPR has moved most closely with DAPR, GAPR, FAPR. Explore the stocks most correlated and inversely correlated with XAPR below, along with its price, financials, and company profile.

Stocks correlated with XAPR

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

Most correlated with XAPR

Symbol	Company	Correlation
DAPR	FT Vest U.S. Equity Deep Buffer ETF - April	0.93
GAPR	FT Vest U.S. Equity Moderate Buffer ETF - April	0.92
FAPR	FT Vest U.S. Equity Buffer ETF - April	0.92
QCAP	FT Vest Nasdaq-100 Conservative Buffer ETF - April	0.87
APXM	FT Vest U.S. Equity Max Buffer ETF - April	0.86

Most inversely correlated with XAPR

Symbol	Company	Correlation
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.78
SPXU	ProShares UltraPro Short S&P 500	-0.78
SDS	ProShares UltraShort S&P500	-0.78
SQQQ	ProShares UltraPro Short QQQ	-0.77
QID	ProShares UltraShort QQQ	-0.77

Frequently asked questions about XAPR correlations

Which stocks are most correlated with XAPR?: Based on one year of daily returns, the stocks most correlated with FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR) are DAPR (0.93), GAPR (0.92) and FAPR (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 XAPR?: Over the past year, the stocks most inversely correlated with FT Vest U.S. Equity Enhance & Moderate Buffer ETF - April (XAPR) are SPXS (-0.78), SPXU (-0.78) and SDS (-0.78). 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 XAPR correlations calculated?: We compute the correlation of daily returns between XAPR 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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