ACR vs GPMT: Correlation
Measured on weekly returns over the past three years, ACRES Commercial Realty Corp. (ACR) and Granite Point Mortgage Trust Inc. (GPMT) carry a correlation of 0.37, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACR and GPMT?
Over the past 3 years, ACR and GPMT moved with a correlation of 0.37, which is moderate. Recent behaviour matches the longer record: 0.38 over 1 year against 0.37 over 3. Over 5 years the correlation is 0.40, and the annualized covariance of weekly returns is 574.7 %².
Among the 13 assets we track against ACR, GPMT ranks #5 by 3-year correlation. The last year tells two different stories: ACR led by 24.4 percentage points, -32.4% for ACR against -56.8% for GPMT.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
ACR vs GPMT: side by side
| ACR (ACRES Commercial Realty Corp.) | GPMT (Granite Point Mortgage Trust Inc.) | |
|---|---|---|
| 1-year return | -32.4% | -56.8% |
| 5-year return | -14.8% | -86.4% |
| Volatility (ann.) | 32.9% | 47.2% |
| Beta vs S&P 500 | 0.30 | 1.20 |
| Max drawdown (3Y) | -41.3% | -78.6% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 19.05% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACR | GPMT |
|---|---|---|
| 2022 | -33.8% | -48.3% |
| 2023 | +16.5% | +28.8% |
| 2024 | +67.9% | -49.0% |
| 2025 | +32.1% | -7.0% |
| 2026 | -33.9% | -51.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACR and GPMT good diversifiers for each other?
Reasonably. At 0.37, ACR and GPMT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACR and GPMT?
The ACR/GPMT correlation stands at 0.37 on a 3-year window (1 year: 0.38, 5 years: 0.40), computed from weekly returns as of 2026-08-27.
Is GPMT a good diversifier for ACR?
Reasonably. At 0.37, ACR and GPMT keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.37 mean?
A reading of 0.37 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acr-vs-gpmt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acr-vs-gpmt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACR correlations · GPMT correlations
