Which stocks are most correlated with CMTG?

Based on one year of daily returns, the stocks most correlated with Claros Mortgage Trust, Inc. (CMTG) are DVDN (0.56), XSHD (0.55) and TRTX (0.52). 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 CMTG?

Over the past year, the stocks most inversely correlated with Claros Mortgage Trust, Inc. (CMTG) are SDD (-0.41), SBB (-0.41) and HDGE (-0.38). A negative correlation means the two stocks have tended to move in opposite directions.

Claros Mortgage Trust, Inc. (CMTG) — Stock Correlations & Overview

Over the past year, CMTG has moved most closely with DVDN, XSHD, TRTX. Explore the stocks most correlated and inversely correlated with CMTG below, along with its price, financials, and company profile.

Stocks correlated with CMTG

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

Most correlated with CMTG

Symbol	Company	Correlation
DVDN	Kingsbarn Dividend Opportunity ETF	0.56
XSHD	Invesco S&P SmallCap High Dividend Low Volatility ETFINVESTMENT ADVICE	0.55
TRTX	TPG RE Finance Trust, Inc. Common StockREAL ESTATE INVESTMENT TRUSTS	0.52
KBWD	Invesco KBW High Dividend Yield Financial ETFINVESTMENT ADVICE	0.51
SMHB	ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B	0.51

Most inversely correlated with CMTG

Symbol	Company	Correlation
SDD	ProShares UltraShort SmallCap600	-0.41
SBB	ProShares Short SmallCap600	-0.41
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.38
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.36
RWM	ProShares Short Russell2000	-0.35

Frequently asked questions about CMTG correlations

Which stocks are most correlated with CMTG?: Based on one year of daily returns, the stocks most correlated with Claros Mortgage Trust, Inc. (CMTG) are DVDN (0.56), XSHD (0.55) and TRTX (0.52). 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 CMTG?: Over the past year, the stocks most inversely correlated with Claros Mortgage Trust, Inc. (CMTG) are SDD (-0.41), SBB (-0.41) and HDGE (-0.38). 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 CMTG correlations calculated?: We compute the correlation of daily returns between CMTG 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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