Which stocks are most correlated with PPTY?

Based on one year of daily returns, the stocks most correlated with U.S. Diversified Real Estate ETF (PPTY) are RWR (0.94), BBRE (0.94) and USRT (0.94). 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 PPTY?

Over the past year, the stocks most inversely correlated with U.S. Diversified Real Estate ETF (PPTY) are SRS (-0.89), DRV (-0.89) and REK (-0.88). A negative correlation means the two stocks have tended to move in opposite directions.

U.S. Diversified Real Estate ETF (PPTY) — Stock Correlations & Overview

Over the past year, PPTY has moved most closely with RWR, BBRE, USRT. Explore the stocks most correlated and inversely correlated with PPTY below, along with its price, financials, and company profile.

Stocks correlated with PPTY

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

Most correlated with PPTY

Symbol	Company	Correlation
RWR	State Street SPDR Dow Jones REIT ETF	0.94
BBRE	JPMorgan BetaBuilders MSCI U.S. REIT ETF	0.94
USRT	iShares Core U.S. REIT ETF	0.94
FRI	First Trust S&P REIT Index Fund	0.93
SRHR	SRH REIT Covered Call ETF	0.92

Most inversely correlated with PPTY

Symbol	Company	Correlation
SRS	ProShares UltraShort Real Estate	-0.89
DRV	Direxion Daily Real Estate Bear 3X ETF	-0.89
REK	ProShares Short Real Estate	-0.88
SBB	ProShares Short SmallCap600	-0.56
SDD	ProShares UltraShort SmallCap600	-0.54

Frequently asked questions about PPTY correlations

Which stocks are most correlated with PPTY?: Based on one year of daily returns, the stocks most correlated with U.S. Diversified Real Estate ETF (PPTY) are RWR (0.94), BBRE (0.94) and USRT (0.94). 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 PPTY?: Over the past year, the stocks most inversely correlated with U.S. Diversified Real Estate ETF (PPTY) are SRS (-0.89), DRV (-0.89) and REK (-0.88). 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 PPTY correlations calculated?: We compute the correlation of daily returns between PPTY 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.

Charts and financial information provided by TradingView, a popular charting & trading platform. Check out even more advanced features or grab charts for your website.