ADC vs EPRT: Correlation
How closely do Agree Realty Corporation (ADC) and Essential Properties Realty Trust, Inc. (EPRT) trade together? Their weekly returns over three years give a correlation of 0.72, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADC and EPRT?
Over the past 3 years, ADC and EPRT moved with a correlation of 0.72, which is strong. The relationship has been stable: the 1-year correlation (0.80) sits close to the 3-year figure. Over 5 years the correlation is 0.71, and the annualized covariance of weekly returns is 238.9 %².
In ADC's tracked universe of 22 assets, EPRT sits right near the top at #3. Neither side won the trailing year by much: +4.9% against +1.2%.
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.
ADC vs EPRT: side by side
| ADC (Agree Realty Corporation) | EPRT (Essential Properties Realty Trust, Inc.) | |
|---|---|---|
| 1-year return | +4.9% | +1.2% |
| 5-year return | +21.4% | +16.4% |
| Volatility (ann.) | 16.6% | 20.1% |
| Beta vs S&P 500 | 0.09 | 0.40 |
| Max drawdown (3Y) | -13.0% | -15.5% |
| Market cap | $9.1B | $6.6B |
| P/E (trailing) | 39.8 | 23.7 |
| Dividend yield | 4.26% | 4.04% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADC | EPRT |
|---|---|---|
| 2022 | +3.5% | -14.6% |
| 2023 | -7.1% | +14.2% |
| 2024 | +17.2% | +27.3% |
| 2025 | +6.6% | -1.4% |
| 2026 | +4.1% | +4.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADC and EPRT good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ADC and EPRT?
Using weekly returns as of 2026-08-27: 0.72 over 3 years, with 0.80 over the last year and 0.71 over 5 years.
Is EPRT a good diversifier for ADC?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/adc-vs-eprt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adc-vs-eprt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADC correlations · EPRT correlations
