Which stocks are most correlated with REFI?

Based on one year of daily returns, the stocks most correlated with Chicago Atlantic Real Estate Finance, Inc. Common Stock (REFI) are KBWD (0.50), CGBD (0.50) and MSDL (0.50). 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 REFI?

Over the past year, the stocks most inversely correlated with Chicago Atlantic Real Estate Finance, Inc. Common Stock (REFI) are SBB (-0.41), SDD (-0.41) and SKRE (-0.38). A negative correlation means the two stocks have tended to move in opposite directions.

Chicago Atlantic Real Estate Finance, Inc. Common Stock (REFI) — Stock Correlations & Overview

Over the past year, REFI has moved most closely with KBWD, CGBD, MSDL. Explore the stocks most correlated and inversely correlated with REFI below, along with its price, financials, and company profile.

Stocks correlated with REFI

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

Most correlated with REFI

Symbol	Company	Correlation
KBWD	Invesco KBW High Dividend Yield Financial ETFINVESTMENT ADVICE	0.50
CGBD	Carlyle Secured Lending, Inc. Common Stock	0.50
MSDL	Morgan Stanley Direct Lending Fund	0.50
XSHD	Invesco S&P SmallCap High Dividend Low Volatility ETFINVESTMENT ADVICE	0.50
NCDL	Nuveen Churchill Direct Lending Corp	0.50

Most inversely correlated with REFI

Symbol	Company	Correlation
SBB	ProShares Short SmallCap600	-0.41
SDD	ProShares UltraShort SmallCap600	-0.41
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.38
EMTY	ProShares Decline of the Retail Store ETF	-0.38
HDGE	AdvisorShares Ranger Equity Bear ETF	-0.36

Frequently asked questions about REFI correlations

Which stocks are most correlated with REFI?: Based on one year of daily returns, the stocks most correlated with Chicago Atlantic Real Estate Finance, Inc. Common Stock (REFI) are KBWD (0.50), CGBD (0.50) and MSDL (0.50). 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 REFI?: Over the past year, the stocks most inversely correlated with Chicago Atlantic Real Estate Finance, Inc. Common Stock (REFI) are SBB (-0.41), SDD (-0.41) and SKRE (-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 REFI correlations calculated?: We compute the correlation of daily returns between REFI 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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