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PENN correlations (PENN Entertainment, Inc.)

Every correlation that matters for PENN: the assets it tracks, the ones that offset it, and where it sits among 4756 US stocks and ETFs.

Data as of 2026-08-27 · refreshed every trading day · US Listed

Volatility (ann.)
47.0%
3y weekly
Beta vs S&P 500
1.50
3y weekly
1-year return
-13.0%
price, adjusted
5-year return
-78.7%
price, adjusted
Market cap
$2.3B
latest
Max drawdown
-55.8%
3y, daily closes
-43%0%+8%2025-09-052026-08-27
PENN over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with PENN

AssetCorrelation (3Y)
CZRCaesars Entertainment, Inc.0.67
MGMMGM Resorts0.58
MDYSPDR S&P MidCap 400 ETF0.55
RSPInvesco S&P 500 Equal Weight ETF0.53
IWMiShares Russell 2000 ETF0.52

Best diversifiers for PENN

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from PENN.

AssetCorrelation (3Y)
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.50
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.49
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.31

PENN vs benchmarks

PENN vs SPY 0.46 PENN vs QQQ 0.40

Get PENN data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/penn.json

Correlations, diversifiers, beta and volatility for PENN, plus one endpoint per pair. API documentation.

PENN inside major ETFs

ETFPENN weight
IWMiShares Russell 2000 ETF0.07%