ACR vs PFL: Correlation
How closely do ACRES Commercial Realty Corp. (ACR) and PIMCO Income Strategy Fund Shares of Beneficial Interest (PFL) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACR and PFL?
Over the past 3 years, ACR and PFL moved with a correlation of 0.38, which is moderate. Little has changed lately, as the 1-year reading of 0.30 lands near the 3-year figure. Over 5 years the correlation is 0.41, and the annualized covariance of weekly returns is 149.3 %².
Few assets follow ACR as closely as PFL, which ranks #3 of 13 tracked partners. Correlation aside, the last 12 months split them widely, with PFL ahead by 33.5 points (-32.4% versus +1.1%). Note the risk asymmetry: ACR runs 2.7 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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 PFL: side by side
| ACR (ACRES Commercial Realty Corp.) | PFL (PIMCO Income Strategy Fund Shares of Beneficial Interest) | |
|---|---|---|
| 1-year return | -32.4% | +1.1% |
| 5-year return | -14.8% | +1.9% |
| Volatility (ann.) | 32.9% | 12.0% |
| Beta vs S&P 500 | 0.30 | 0.39 |
| Max drawdown (3Y) | -41.3% | -11.1% |
| Market cap | $0.1B | – |
| P/E (trailing) | – | 9.6 |
| Dividend yield | 0.00% | 12.86% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACR | PFL |
|---|---|---|
| 2022 | -33.8% | -18.0% |
| 2023 | +16.5% | +17.2% |
| 2024 | +67.9% | +11.4% |
| 2025 | +32.1% | +13.0% |
| 2026 | -33.9% | -2.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACR and PFL good diversifiers for each other?
Reasonably. At 0.38, ACR and PFL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between ACR and PFL?
As of 2026-08-27, the correlation of weekly returns between ACR and PFL is 0.38 over 3 years, 0.30 over 1 year and 0.41 over 5 years.
Is PFL a good diversifier for ACR?
Reasonably. At 0.38, ACR and PFL keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 mean?
A reading of 0.38 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-pfl.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acr-vs-pfl/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ACR correlations · PFL correlations
