Main Street Capital Corporation (MAIN) — Stock Correlations & Overview

Over the past year, MAIN has moved most closely with FBDC, BIZD, PBDC. Explore the stocks most correlated and inversely correlated with MAIN below, along with its price, financials, and company profile.

Stocks correlated with MAIN

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

Most correlated with MAIN

SymbolCompanyCorrelation
FBDCFT Confluence BDC & Specialty Finance Income ETF0.81
BIZDVanEck BDC Income ETF0.77
PBDCPutnam BDC Income ETF0.76
ARCCAres Capital Corporation0.72
BDCXETRACS Quarterly Pay 1.5x Leveraged MarketVector BDC Liquid Index ETN due June 10, 20500.70

Most inversely correlated with MAIN

SymbolCompanyCorrelation
SDDProShares UltraShort SmallCap600-0.45
SKRETuttle Capital Daily 2X Inverse Regional Banks ETF-0.45
SBBProShares Short SmallCap600-0.45
HDGEAdvisorShares Ranger Equity Bear ETF-0.44
SKFProShares UltraShort Financials-0.43

Frequently asked questions about MAIN correlations

Which stocks are most correlated with MAIN?
Based on one year of daily returns, the stocks most correlated with Main Street Capital Corporation (MAIN) are FBDC (0.81), BIZD (0.77) and PBDC (0.76). 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 MAIN?
Over the past year, the stocks most inversely correlated with Main Street Capital Corporation (MAIN) are SDD (-0.45), SKRE (-0.45) and SBB (-0.45). 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 MAIN correlations calculated?
We compute the correlation of daily returns between MAIN 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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