RWT Redwood Trust, Inc.

Last close: 3.12
504-day return: -43.99%
Median $/day: $5.4M
Relationships shown: 12
Leader rank: #838

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

RWT vs CIM

Both indexed to 100 at 2026-05-11.

RWT CIM · range 59–103 · 2026-05-11 → 2026-11-06

Follows RWT

These tend to repeat RWT's moves later.

RGCO RGC Resources Inc. Common Stock

lag 1dρ -0.22holdout -0.19stable 88%$/day $228krobust

Moves with RWT

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

CIM Chimera Investment Corp.

ρ +0.73beyond mkt +0.53holdout +0.69stable 100%robust

REM iShares Mortgage Real Estate ETF

ρ +0.74beyond mkt +0.53holdout +0.69stable 100%robust

MFA MFA Financial, Inc

ρ +0.72beyond mkt +0.52holdout +0.69stable 100%robust

PMT PennyMac Mortgage Investment Trust

ρ +0.69beyond mkt +0.48holdout +0.59stable 100%robust

KBWD Invesco Exchange-Traded Fund Trust II Invesco KBW High Dividend Yield Financial ETF

ρ +0.70beyond mkt +0.46holdout +0.70stable 100%robust

ADAM Adamas Trust, Inc. Common Stock

ρ +0.64beyond mkt +0.39holdout +0.60stable 100%robust

Moves against RWT

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.30beyond mkt -0.01holdout -0.26stable 88%robust

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

ρ -0.33beyond mkt +0.00holdout -0.32stable 100%robust

Weekly, not daily

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

DCRE DoubleLine Commercial Real Estate Debt ETF

horizon 10dρ +0.38holdout +0.44stable 75%robust

MEAR iShares Short Maturity Municipal Bond Active ETF

horizon 10dρ +0.36holdout +0.23stable 62%moderate

RSST Return Stacked U.S. Stocks & Managed Futures ETF

horizon 5dρ +0.32holdout +0.18stable 75%robust

Changed this quarter

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

BTA Beacon Tactical Alternatives Risk ETF

Δ -0.62recent -0.37prior +0.25beyond mkt +0.02

TRGP Targa Resources Corp.

Δ -0.47recent -0.39prior +0.08beyond mkt -0.04

RSST Return Stacked U.S. Stocks & Managed Futures ETF

Δ -0.45recent -0.12prior +0.33beyond mkt +0.03

AHLT American Beacon AHL Trend ETF

Δ -0.44recent -0.34prior +0.10beyond mkt -0.01

AIT Applied Industrial Technologies, Inc.

Δ -0.43recent -0.11prior +0.32beyond mkt -0.08

MEOH Methanex Corporation Common Stock

Δ -0.43recent -0.34prior +0.09beyond mkt -0.01

Traded with RWT

Abnormal volume rises and falls on the same days as RWT's, while prices do not move together: the same hands, not the same business.

Symbol	traded together ρ	big prints together ρ	priced together ρ	q
ULS UL Solutions Inc.	+0.40	+0.25	-0.06	<1e-15
UNM Unum Group	+0.35	+0.23	-0.03	5e-12
HAFC Hanmi Financial Corporation Common Stock	+0.33	+0.23	+0.00	2e-10
SBSI Southside Bancshares, Inc.	+0.34	+0.22	+0.02	4e-11
GTY Getty Realty Corp.	+0.30	+0.26	+0.01	7e-9
FCPT Four Corners Property Trust, Inc.	+0.31	+0.24	+0.06	3e-9

Hidden links

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

Symbol	beyond mkt	raw ρ	shared
KBWD Invesco Exchange-Traded Fund Trust II Invesco KBW High Dividend Yield Financial ETF	+0.46	+0.70	11
RIET Hoya Capital High Dividend Yield ETF	+0.38	+0.68	9
NLY Annaly Capital Management. Inc.	+0.37	+0.63	24
ACRE Ares Commercial Real Estate Corporation	+0.36	+0.61	24
REM iShares Mortgage Real Estate ETF	+0.53	+0.74	26
TRTX TPG RE Finance Trust, Inc. Common Stock	+0.35	+0.61	25