KREF KKR Real Estate Finance Trust Inc.

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

KREF vs ARI

Both indexed to 100 at 2026-05-11.

KREF ARI · range 83–122 · 2026-05-11 → 2026-11-06

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

ARI APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.

ρ +0.64beyond mkt +0.44holdout +0.49stable 100%robust

BXMT Blackstone Mortgage Trust, Inc. (NEW)

ρ +0.65beyond mkt +0.44holdout +0.55stable 100%robust

TRTX TPG RE Finance Trust, Inc. Common Stock

ρ +0.64beyond mkt +0.41holdout +0.53stable 100%robust

BRSP BrightSpire Capital, Inc.

ρ +0.63beyond mkt +0.40holdout +0.61stable 100%robust

LADR LADDER CAPITAL CORP

ρ +0.63beyond mkt +0.39holdout +0.58stable 100%robust

FBRT Franklin BSP Realty Trust, Inc.

ρ +0.61beyond mkt +0.37holdout +0.53stable 100%robust

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.36beyond mkt -0.08holdout -0.24stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.34beyond mkt -0.08holdout -0.23stable 88%robust

No day-to-day relationship, but 5- or 10-day returns move together.

ASM Avino Silver & Gold Mines Ltd. (Canada)

horizon 10dρ +0.42holdout +0.54stable 50%moderate

ICFI ICF International, Inc. Common Stock

horizon 10dρ +0.41holdout +0.44stable 88%robust

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

XOM ExxonMobil Holdings Corporation

Δ -0.52recent -0.39prior +0.13beyond mkt -0.02

E ENI S.p.A.

Δ -0.48recent -0.37prior +0.11beyond mkt -0.08

OBE Obsidian Energy Ltd.

Δ -0.47recent -0.32prior +0.15beyond mkt +0.10

MNDR Mobile-health Network Solutions Class A Ordinary Shares

Δ -0.46recent -0.33prior +0.14beyond mkt +0.03

GRC The Gorman-Rupp Company Common Shares

Δ -0.46recent -0.13prior +0.33beyond mkt -0.09

FAST Fastenal Company Common Stock

Δ -0.46recent -0.12prior +0.33beyond mkt -0.02

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared
ARI APOLLO COMMERCIAL REAL ESTATE FINANCE, INC.	+0.44	+0.64	22
BXMT Blackstone Mortgage Trust, Inc. (NEW)	+0.44	+0.65	22
LADR LADDER CAPITAL CORP	+0.39	+0.63	21
REM iShares Mortgage Real Estate ETF	+0.37	+0.64	21
TRTX TPG RE Finance Trust, Inc. Common Stock	+0.41	+0.64	23
BRSP BrightSpire Capital, Inc.	+0.40	+0.63	24