Which stocks are most correlated with YMAX?

Based on one year of daily returns, the stocks most correlated with YieldMax Universe Fund of Option Income ETFs (YMAX) are ARKW (0.87), SFYF (0.85) and BUZZ (0.85). 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 YMAX?

Over the past year, the stocks most inversely correlated with YieldMax Universe Fund of Option Income ETFs (YMAX) are SARK (-0.83), SQQQ (-0.80) and QID (-0.80). A negative correlation means the two stocks have tended to move in opposite directions.

YieldMax Universe Fund of Option Income ETFs (YMAX) — Stock Correlations & Overview

Over the past year, YMAX has moved most closely with ARKW, SFYF, BUZZ. Explore the stocks most correlated and inversely correlated with YMAX below, along with its price, financials, and company profile.

Stocks correlated with YMAX

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

Most correlated with YMAX

Symbol	Company	Correlation
ARKW	ARK Next Generation Internet ETF	0.87
SFYF	SoFi Social 50 ETF	0.85
BUZZ	VanEck Social Sentiment ETF	0.85
FDIF	Fidelity Disruptors ETF	0.85
ULTY	YieldMax Ultra Option Income Strategy ETF	0.84

Most inversely correlated with YMAX

Symbol	Company	Correlation
SARK	Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF	-0.83
SQQQ	ProShares UltraPro Short QQQ	-0.80
QID	ProShares UltraShort QQQ	-0.80
SPXS	Direxion Daily S&P 500 Bear 3x ETF	-0.80
SDS	ProShares UltraShort S&P500	-0.80

Frequently asked questions about YMAX correlations

Which stocks are most correlated with YMAX?: Based on one year of daily returns, the stocks most correlated with YieldMax Universe Fund of Option Income ETFs (YMAX) are ARKW (0.87), SFYF (0.85) and BUZZ (0.85). 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 YMAX?: Over the past year, the stocks most inversely correlated with YieldMax Universe Fund of Option Income ETFs (YMAX) are SARK (-0.83), SQQQ (-0.80) and QID (-0.80). 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 YMAX correlations calculated?: We compute the correlation of daily returns between YMAX 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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