Correlated Assets

Assets that tend to move strongly with KREF

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  VNQ  Vanguard Real Estate Index (0.92)

  SHW  Sherwin-Williams (0.91)

  RDFN  Redfin (0.88)

  CCK  Crown Holdings (0.87)

  MAS  Masco (0.85)

Uncorrelated Assets

Assets with little price relationship to KREF

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  TMDX  Transmedics (0.0)

  UVXY  ProShares Ultra VIX Short-Term Futures (0.0)

  DKS  Dicks Sporting Goods (-0.0)

  CQP  Cheniere Energy (-0.01)

  INTU  Intuit (-0.01)

Anticorrelated Assets

Assets that tend to move strongly against KREF

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  EC  Ecopetrol SA (-0.76)

  AAP  Advance Auto Parts (-0.76)

  ETR  Entergy (-0.77)

  LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.77)

  BBWI  Bath & Body Works (-0.78)

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