ADC vs GTY: Correlation
How closely do Agree Realty Corporation (ADC) and Getty Realty Corporation (GTY) trade together? Their weekly returns over three years give a correlation of 0.70, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADC and GTY?
Over the past 3 years, ADC and GTY moved with a correlation of 0.70, which is strong. Little has changed lately, as the 1-year reading of 0.69 lands near the 3-year figure. Over 5 years the correlation is 0.67, and the annualized covariance of weekly returns is 217.3 %².
Within ADC's tracked universe of 22 assets, GTY comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months GTY outperformed by 18.3 percentage points (+4.9% for ADC against +23.2% for GTY).
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 GTY: side by side
| ADC (Agree Realty Corporation) | GTY (Getty Realty Corporation) | |
|---|---|---|
| 1-year return | +4.9% | +23.2% |
| 5-year return | +21.4% | +40.7% |
| Volatility (ann.) | 16.6% | 18.8% |
| Beta vs S&P 500 | 0.09 | 0.13 |
| Max drawdown (3Y) | -13.0% | -17.9% |
| Market cap | $9.1B | $2.0B |
| P/E (trailing) | 39.8 | 20.2 |
| Dividend yield | 4.26% | 5.79% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ADC | GTY |
|---|---|---|
| 2022 | +3.5% | +11.7% |
| 2023 | -7.1% | -8.8% |
| 2024 | +17.2% | +9.9% |
| 2025 | +6.6% | -2.9% |
| 2026 | +4.1% | +24.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADC and GTY good diversifiers for each other?
To a limited degree. At 0.70 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between ADC and GTY?
Using weekly returns as of 2026-08-27: 0.70 over 3 years, with 0.69 over the last year and 0.67 over 5 years.
Is GTY a good diversifier for ADC?
To a limited degree. At 0.70 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.70 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-gty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/adc-vs-gty/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ADC correlations · GTY correlations
