TPG RE Finance Trust, Inc. 6.25% Series C Cumulative Redeemable Preferred Stock (TRTXpC) — Stock Correlations & Overview
Over the past year, TRTXpC has moved most closely with USBpH, ACII, PFF. Explore the stocks most correlated and inversely correlated with TRTXpC below, along with its price, financials, and company profile.
Stocks correlated with TRTXpC
Correlation of daily returns. Higher positive values move with TRTXpC; negative values move opposite it. Informational only, not investment advice.
Most correlated with TRTXpC
| Symbol | Company | Correlation |
|---|---|---|
| USBpH | US Bancorp Depositary Shares (1/1,000 Interest in Ser. B Non-Cum. Prptl. Prfrd. Stock)NATIONAL COMMERCIAL BANKS | 0.32 |
| ACII | Innovator Index Autocallable Income Strategy ETFBLANK CHECKS | 0.31 |
| PFF | iShares Trust iShares Preferred and Income Securities ETF | 0.30 |
| OZKAP | Bank OZK 4.625% Series A Non-Cumulative Perpetual Preferred Stock | 0.29 |
| KREF | KKR Real Estate Finance Trust Inc.REAL ESTATE INVESTMENT TRUSTS | 0.29 |
Most inversely correlated with TRTXpC
| Symbol | Company | Correlation |
|---|---|---|
| FIAT | YieldMax Short COIN Option Income Strategy ETF | -0.23 |
| CRCD | T-REX 2X Inverse CRCL Daily Target ETF | -0.22 |
| BHF | Brighthouse Financial, Inc.LIFE INSURANCE | -0.21 |
| SYY | Sysco CorporationWHOLESALE-GROCERIES & RELATED PRODUCTS | -0.20 |
| CONI | GraniteShares ETF Trust GraniteShares 2x Short COIN Daily ETF | -0.20 |
Frequently asked questions about TRTXpC correlations
- Which stocks are most correlated with TRTXpC?
- Based on one year of daily returns, the stocks most correlated with TPG RE Finance Trust, Inc. 6.25% Series C Cumulative Redeemable Preferred Stock (TRTXpC) are USBpH (0.32), ACII (0.31) and PFF (0.30). 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 TRTXpC?
- Over the past year, the stocks most inversely correlated with TPG RE Finance Trust, Inc. 6.25% Series C Cumulative Redeemable Preferred Stock (TRTXpC) are FIAT (-0.23), CRCD (-0.22) and BHF (-0.21). 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 TRTXpC correlations calculated?
- We compute the correlation of daily returns between TRTXpC 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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