FundX Flexible ETF (XFLX) — Stock Correlations & Overview
Over the past year, XFLX has moved most closely with CORT, JULH, XDTE. Explore the stocks most correlated and inversely correlated with XFLX below, along with its price, financials, and company profile.
Stocks correlated with XFLX
Correlation of daily returns. Higher positive values move with XFLX; negative values move opposite it. Informational only, not investment advice.
Most correlated with XFLX
| Symbol | Company | Correlation |
|---|---|---|
| CORT | Corcept Therapeutics Inc.PHARMACEUTICAL PREPARATIONS | 0.76 |
| JULH | Innovator Premium Income 20 Barrier ETF - July | 0.65 |
| XDTE | Roundhill S&P 500 0DTE Covered Call Strategy ETF | 0.59 |
| JULJ | Innovator Premium Income 30 Barrier ETF - July | 0.56 |
| XRLX | FundX Conservative ETF | 0.56 |
Most inversely correlated with XFLX
| Symbol | Company | Correlation |
|---|---|---|
| INBS | Intelligent Bio Solutions Inc. Common StockSURGICAL & MEDICAL INSTRUMENTS & APPARATUS | -0.53 |
| ANGH | Anghami Inc. Ordinary Shares | -0.42 |
| AXSM | Axsome Therapeutics, IncPHARMACEUTICAL PREPARATIONS | -0.39 |
| PST | ProShares Trust UltraShort Lehman 7-10 Year Treasury | -0.34 |
| SBB | ProShares Short SmallCap600 | -0.34 |
Frequently asked questions about XFLX correlations
- Which stocks are most correlated with XFLX?
- Based on one year of daily returns, the stocks most correlated with FundX Flexible ETF (XFLX) are CORT (0.76), JULH (0.65) and XDTE (0.59). 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 XFLX?
- Over the past year, the stocks most inversely correlated with FundX Flexible ETF (XFLX) are INBS (-0.53), ANGH (-0.42) and AXSM (-0.39). 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 XFLX correlations calculated?
- We compute the correlation of daily returns between XFLX 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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