MGM correlations (MGM Resorts)
MGM measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.
Data as of 2026-08-27 · refreshed every trading day · Consumer Discretionary · Casinos & Gaming
Volatility (ann.)
35.2%
3y weekly
Beta vs S&P 500
1.18
3y weekly
1-year return
+8.0%
price, adjusted
5-year return
+0.8%
price, adjusted
Market cap
$11.0B
latest
P/E ratio
26.4
trailing
Max drawdown
-46.0%
3y, daily closes
MGM over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with MGM
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| CZR | Caesars Entertainment, Inc. | 0.66 | |
| RRR | Red Rock Resorts, Inc. | 0.60 | |
| BYD | Boyd Gaming Corporation | 0.59 | |
| PENN | PENN Entertainment, Inc. | 0.58 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.58 | |
| WYNN | Wynn Resorts | 0.57 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.56 | |
| VTV | Vanguard Value ETF | 0.56 | |
| KEY | KeyCorp | 0.56 | |
| VYM | Vanguard High Dividend Yield ETF | 0.55 | |
| SPYV | SPDR Portfolio S&P 500 Value ETF | 0.55 | |
| TFC | Truist Financial | 0.55 | |
| TKR | Timken Company (The) | 0.55 | |
| TNL | Travel Leisure Co. | 0.55 | |
| BAC | Bank of America | 0.55 |
Best diversifiers for MGM
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from MGM.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.51 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.48 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.32 | |
| BBOT | BridgeBio Oncology Therapeutics, Inc. | -0.21 | |
| OMCL | Omnicell, Inc. | -0.18 | |
| PAPL | Pineapple Financial Inc. | -0.17 | |
| FBLG | FibroBiologics, Inc. | -0.16 | |
| OCS | Oculis Holding AG | -0.16 | |
| MEGL | Magic Empire Global Limited - Class A | -0.15 | |
| ENGN | enGene Therapeutics Inc. | -0.15 |
MGM vs benchmarks
MGM vs its peers
Get MGM data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/mgm.jsonCorrelations, diversifiers, beta and volatility for MGM, plus one endpoint per pair. API documentation.
