Which stocks are most correlated with REM?

Based on one year of daily returns, the stocks most correlated with iShares Mortgage Real Estate ETF (REM) are MORT (0.87), AGNC (0.83) and NLY (0.81). 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 REM?

Over the past year, the stocks most inversely correlated with iShares Mortgage Real Estate ETF (REM) are SBB (-0.57), SDD (-0.56) and SMDD (-0.55). A negative correlation means the two stocks have tended to move in opposite directions.

iShares Mortgage Real Estate ETF (REM) — Stock Correlations & Overview

Over the past year, REM has moved most closely with MORT, AGNC, NLY. Explore the stocks most correlated and inversely correlated with REM below, along with its price, financials, and company profile.

Stocks correlated with REM

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

Most correlated with REM

Symbol	Company	Correlation
MORT	VanEck Mortgage REIT Income ETF	0.87
AGNC	AGNC Investment Corp. Common StockREAL ESTATE INVESTMENT TRUSTS	0.83
NLY	Annaly Capital Management. Inc.REAL ESTATE INVESTMENT TRUSTS	0.81
RIET	Hoya Capital High Dividend Yield ETF	0.81
KBWD	Invesco KBW High Dividend Yield Financial ETFINVESTMENT ADVICE	0.81

Most inversely correlated with REM

Symbol	Company	Correlation
SBB	ProShares Short SmallCap600	-0.57
SDD	ProShares UltraShort SmallCap600	-0.56
SMDD	ProShares UltraPro Short MidCap400	-0.55
MZZ	ProShares UltraShort MidCap400	-0.55
MYY	ProShares Short MidCap400	-0.55

Frequently asked questions about REM correlations

Which stocks are most correlated with REM?: Based on one year of daily returns, the stocks most correlated with iShares Mortgage Real Estate ETF (REM) are MORT (0.87), AGNC (0.83) and NLY (0.81). 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 REM?: Over the past year, the stocks most inversely correlated with iShares Mortgage Real Estate ETF (REM) are SBB (-0.57), SDD (-0.56) and SMDD (-0.55). 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 REM correlations calculated?: We compute the correlation of daily returns between REM 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.