ACR vs VGI: Correlation
Measured on weekly returns over the past three years, ACRES Commercial Realty Corp. (ACR) and Virtus Global Multi-Sector Income Fund (VGI) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ACR and VGI?
On 3 years of weekly data the ACR/VGI correlation comes out at 0.38, moderate. The link has loosened recently: the 1-year correlation (0.07) runs below the 3-year figure (0.38). The 5-year figure is 0.39, and annualized covariance runs at 126.4 %².
Within ACR's tracked universe of 13 assets, VGI comes in at #4 by 3-year correlation. The last year tells two different stories: VGI led by 36.2 percentage points, -32.4% for ACR against +3.8% for VGI. Risk is not evenly split, since ACR carries 3.2 times the volatility of the other side.
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 VGI: side by side
| ACR (ACRES Commercial Realty Corp.) | VGI (Virtus Global Multi-Sector Income Fund) | |
|---|---|---|
| 1-year return | -32.4% | +3.8% |
| 5-year return | -14.8% | +11.9% |
| Volatility (ann.) | 32.9% | 10.3% |
| Beta vs S&P 500 | 0.30 | 0.38 |
| Max drawdown (3Y) | -41.3% | -11.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | 7.8 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ACR | VGI |
|---|---|---|
| 2022 | -33.8% | -22.3% |
| 2023 | +16.5% | +13.4% |
| 2024 | +67.9% | +10.4% |
| 2025 | +32.1% | +16.1% |
| 2026 | -33.9% | +1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ACR and VGI good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ACR and VGI?
Using weekly returns as of 2026-08-27: 0.38 over 3 years, with 0.07 over the last year and 0.39 over 5 years.
Is VGI a good diversifier for ACR?
Yes, to a useful degree: a correlation of 0.38 leaves real independence between the two, which historically damped combined 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-vgi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/acr-vs-vgi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ACR correlations · VGI correlations
