Which stocks are most correlated with RITM?

Based on one year of daily returns, the stocks most correlated with Rithm Capital Corp. (RITM) are REM (0.74), MORT (0.71) and AGNC (0.65). 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 RITM?

Over the past year, the stocks most inversely correlated with Rithm Capital Corp. (RITM) are SKRE (-0.55), SDD (-0.53) and SBB (-0.52). A negative correlation means the two stocks have tended to move in opposite directions.

Rithm Capital Corp. (RITM) — Stock Correlations & Overview

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

Stocks correlated with RITM

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

Most correlated with RITM

Symbol	Company	Correlation
REM	iShares Mortgage Real Estate ETF	0.74
MORT	VanEck Mortgage REIT Income ETF	0.71
AGNC	AGNC Investment Corp. Common StockREAL ESTATE INVESTMENT TRUSTS	0.65
KBWD	Invesco KBW High Dividend Yield Financial ETFINVESTMENT ADVICE	0.65
MFA	MFA Financial, IncREAL ESTATE INVESTMENT TRUSTS	0.62

Most inversely correlated with RITM

Symbol	Company	Correlation
SKRE	Tuttle Capital Daily 2X Inverse Regional Banks ETF	-0.55
SDD	ProShares UltraShort SmallCap600	-0.53
SBB	ProShares Short SmallCap600	-0.52
MYY	ProShares Short MidCap400	-0.51
MZZ	ProShares UltraShort MidCap400	-0.51

Frequently asked questions about RITM correlations

Which stocks are most correlated with RITM?: Based on one year of daily returns, the stocks most correlated with Rithm Capital Corp. (RITM) are REM (0.74), MORT (0.71) and AGNC (0.65). 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 RITM?: Over the past year, the stocks most inversely correlated with Rithm Capital Corp. (RITM) are SKRE (-0.55), SDD (-0.53) and SBB (-0.52). 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 RITM correlations calculated?: We compute the correlation of daily returns between RITM 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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