SPY, NYSE

SPDR S&P 500 ETF Trust (SPY)

Price (as of October 22)

374.29USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

SRTY

ProShares UltraPro Short Russell2000

-0.86

CLDS

Direxion Daily Cloud Computing Bear 2X Shares

-0.75

DISV

Dimensional International Small Cap Value ETF

-0.27

DIHP

Dimensional International High Profitability ETF

-0.25

DBND

DoubleLine Opportunistic Bond ETF

-0.19

DURA

VanEck Morningstar Durable Dividend ETF

-0.17

CLRG

IQ Chaikin U.S. Large Cap ETF

-0.17

DVOL

First Trust Dorsey Wright Momentum & Low Volatility ETF

-0.15

GRNR

Global X Green Building ETF

-0.14

INQQ

India Internet & Ecommerce ETF

-0.14

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Highest within Industry

Symbol Correlation

UPRO

ProShares UltraPro S&P500

0.99

SPXL

Direxion Daily S&P500 Bull 3X Shares

0.99

UDOW

ProShares UltraPro Dow30

0.96

PSEP

Innovator S&P 500 Power Buffer ETF - September

0.96

TQQQ

ProShares UltraPro QQQ

0.93

TECL

Direxion Daily Technology Bull 3X Shares

0.92

QLD

ProShares Ultra QQQ

0.92

VGT

Vanguard Information Technology Index Fund

0.9

ROM

ProShares Ultra Technology

0.9

ROBO

Robo Global Robotics and Automation Index ETF

0.88

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Profile

Sector:
Large Blend
Industry:
Exchange Traded Funds

The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the “Portfolio”), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.