Ares Commercial Real Estate Corporation (ACRE) — Stock Correlations & Overview
Over the past year, ACRE has moved most closely with RIET, STWD, XSHD. Explore the stocks most correlated and inversely correlated with ACRE below, along with its price, financials, and company profile.
Stocks correlated with ACRE
Correlation of daily returns. Higher positive values move with ACRE; negative values move opposite it. Informational only, not investment advice.
Most correlated with ACRE
| Symbol | Company | Correlation |
|---|---|---|
| RIET | Hoya Capital High Dividend Yield ETF | 0.61 |
| STWD | STARWOOD PROPERTY TRUST, INC.REAL ESTATE INVESTMENT TRUSTS | 0.60 |
| XSHD | Invesco S&P SmallCap High Dividend Low Volatility ETFINVESTMENT ADVICE | 0.56 |
| KBWY | Invesco KBW Premium Yield Equity REIT ETF | 0.56 |
| KBWD | Invesco KBW High Dividend Yield Financial ETFINVESTMENT ADVICE | 0.55 |
Most inversely correlated with ACRE
| Symbol | Company | Correlation |
|---|---|---|
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC | -0.44 |
| SDD | ProShares UltraShort SmallCap600 | -0.44 |
| SBB | ProShares Short SmallCap600 | -0.43 |
| HDGE | AdvisorShares Ranger Equity Bear ETF | -0.43 |
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | -0.42 |
Frequently asked questions about ACRE correlations
- Which stocks are most correlated with ACRE?
- Based on one year of daily returns, the stocks most correlated with Ares Commercial Real Estate Corporation (ACRE) are RIET (0.61), STWD (0.60) and XSHD (0.56). 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 ACRE?
- Over the past year, the stocks most inversely correlated with Ares Commercial Real Estate Corporation (ACRE) are FLYD (-0.44), SDD (-0.44) and SBB (-0.43). 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 ACRE correlations calculated?
- We compute the correlation of daily returns between ACRE 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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