AHR vs SBRA: Correlation
Measured on weekly returns over the past three years, American Healthcare REIT, Inc. (AHR) and Sabra Health Care REIT, Inc. (SBRA) carry a correlation of 0.52, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AHR and SBRA?
Over the past 3 years, AHR and SBRA moved with a correlation of 0.52, which is moderate. The link has tightened recently: the 1-year correlation (0.65) runs above the 3-year figure (0.52). Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 291.3 %².
By 3-year correlation, SBRA places #4 of the 11 assets tracked against AHR. The last year tells two different stories: AHR led by 22.9 percentage points, +35.0% for AHR against +12.1% for SBRA.
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.
AHR vs SBRA: side by side
| AHR (American Healthcare REIT, Inc.) | SBRA (Sabra Health Care REIT, Inc.) | |
|---|---|---|
| 1-year return | +35.0% | +12.1% |
| 5-year return | n/a | +92.8% |
| Volatility (ann.) | 26.9% | 20.8% |
| Beta vs S&P 500 | 0.50 | 0.19 |
| Max drawdown (3Y) | -13.6% | -16.8% |
| Market cap | $12.3B | $5.3B |
| P/E (trailing) | 84.3 | 79.6 |
| Dividend yield | 1.75% | 5.71% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AHR | SBRA |
|---|---|---|
| 2022 | – | +0.4% |
| 2023 | – | +26.3% |
| 2024 | – | +31.2% |
| 2025 | +70.0% | +17.0% |
| 2026 | +21.2% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AHR and SBRA good diversifiers for each other?
Only partially. A correlation of 0.52 means AHR and SBRA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AHR and SBRA?
The AHR/SBRA correlation stands at 0.52 on a 3-year window (1 year: 0.65, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SBRA a good diversifier for AHR?
Only partially. A correlation of 0.52 means AHR and SBRA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.52 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/ahr-vs-sbra.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ahr-vs-sbra/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AHR correlations · SBRA correlations
