Which stocks are most correlated with APLE?

Based on one year of daily returns, the stocks most correlated with Apple Hospitality REIT, Inc. (APLE) are DRH (0.82), PK (0.78) and PEB (0.77). 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 APLE?

Over the past year, the stocks most inversely correlated with Apple Hospitality REIT, Inc. (APLE) are SDD (-0.61), SBB (-0.61) and FLYD (-0.56). A negative correlation means the two stocks have tended to move in opposite directions.

Apple Hospitality REIT, Inc. (APLE) — Stock Correlations & Overview

Over the past year, APLE has moved most closely with DRH, PK, PEB. Explore the stocks most correlated and inversely correlated with APLE below, along with its price, financials, and company profile.

Stocks correlated with APLE

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

Most correlated with APLE

Symbol	Company	Correlation
DRH	Diamondrock Hospitality Company Common StockREAL ESTATE INVESTMENT TRUSTS	0.82
PK	Park Hotels & Resorts Inc. Common StockHOTELS & MOTELS	0.78
PEB	Pebblebrook Hotel TrustREAL ESTATE INVESTMENT TRUSTS	0.77
XHR	Xenia Hotels & Resorts, Inc.HOTELS & MOTELS	0.77
RLJ	RLJ Lodging TrustREAL ESTATE INVESTMENT TRUSTS	0.77

Most inversely correlated with APLE

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.61
SBB	ProShares Short SmallCap600	-0.61
FLYD	MicroSectors Travel -3x Inverse Leveraged ETNCOMMERCIAL BANKS, NEC	-0.56
SMDD	ProShares UltraPro Short MidCap400	-0.54
MYY	ProShares Short MidCap400	-0.53

Frequently asked questions about APLE correlations

Which stocks are most correlated with APLE?: Based on one year of daily returns, the stocks most correlated with Apple Hospitality REIT, Inc. (APLE) are DRH (0.82), PK (0.78) and PEB (0.77). 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 APLE?: Over the past year, the stocks most inversely correlated with Apple Hospitality REIT, Inc. (APLE) are SDD (-0.61), SBB (-0.61) and FLYD (-0.56). 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 APLE correlations calculated?: We compute the correlation of daily returns between APLE 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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