ACR vs ORC: Correlation
ACRES Commercial Realty Corp. (ACR) and Orchid Island Capital, Inc. (ORC) show a moderate relationship: their 3-year correlation of weekly returns is 0.38.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACR and ORC?
Over the past 3 years, ACR and ORC moved with a correlation of 0.38, which is moderate. The link has loosened recently: the 1-year correlation (0.09) runs below the 3-year figure (0.38). Over 5 years the correlation is 0.38, and the annualized covariance of weekly returns is 322.4 %².
In ACR's tracked universe of 13 assets, ORC sits right near the top at #2. Correlation aside, the last 12 months split them widely, with ORC ahead by 48.1 points (-32.4% versus +15.7%).
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 ORC: side by side
| ACR (ACRES Commercial Realty Corp.) | ORC (Orchid Island Capital, Inc.) | |
|---|---|---|
| 1-year return | -32.4% | +15.7% |
| 5-year return | -14.8% | -33.9% |
| Volatility (ann.) | 32.9% | 26.1% |
| Beta vs S&P 500 | 0.30 | 0.84 |
| Max drawdown (3Y) | -41.3% | -36.6% |
| Market cap | $0.1B | $1.3B |
| P/E (trailing) | – | 3.8 |
| Dividend yield | 0.00% | 20.69% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACR | ORC |
|---|---|---|
| 2022 | -33.8% | -44.3% |
| 2023 | +16.5% | -3.1% |
| 2024 | +67.9% | +9.9% |
| 2025 | +32.1% | +12.7% |
| 2026 | -33.9% | +4.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACR and ORC good diversifiers for each other?
Reasonably. At 0.38, ACR and ORC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACR and ORC?
The ACR/ORC correlation stands at 0.38 on a 3-year window (1 year: 0.09, 5 years: 0.38), computed from weekly returns as of 2026-08-27.
Is ORC a good diversifier for ACR?
Reasonably. At 0.38, ACR and ORC keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
On the −1 to +1 scale, 0.38 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/acr-vs-orc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acr-vs-orc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACR correlations · ORC correlations
