ARKR vs STRW: Correlation
Ark Restaurants Corp. (ARKR) and Strawberry Fields REIT, Inc. (STRW) show a negative relationship: their 3-year correlation of weekly returns is -0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARKR and STRW?
On 3 years of weekly data the ARKR/STRW correlation comes out at -0.36, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.13 versus -0.36 over 3 years. The 5-year figure is n/a, and annualized covariance runs at -582.8 %².
Out of 14 assets tracked against ARKR, STRW lands near the bottom at #14. Correlation aside, the last 12 months split them widely, with STRW ahead by 45.2 points (-22.8% versus +22.4%). One caveat on sizing: ARKR is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
ARKR vs STRW: side by side
| ARKR (Ark Restaurants Corp.) | STRW (Strawberry Fields REIT, Inc.) | |
|---|---|---|
| 1-year return | -22.8% | +22.4% |
| 5-year return | -64.1% | n/a |
| Volatility (ann.) | 50.4% | 32.1% |
| Beta vs S&P 500 | 0.34 | 0.19 |
| Max drawdown (3Y) | -70.3% | -26.6% |
| Market cap | – | $0.8B |
| P/E (trailing) | – | 21.1 |
| Dividend yield | 0.00% | 2.33% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ARKR | STRW |
|---|---|---|
| 2022 | +0.4% | – |
| 2023 | -11.5% | – |
| 2024 | -19.8% | +43.9% |
| 2025 | -39.0% | +30.5% |
| 2026 | -21.3% | +8.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARKR and STRW good diversifiers for each other?
Yes: at -0.36, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between ARKR and STRW?
Using weekly returns as of 2026-08-27: -0.36 over 3 years, with -0.13 over the last year and n/a over 5 years.
Is STRW a good diversifier for ARKR?
Yes: at -0.36, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.36 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.
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Related comparisons
Hubs: ARKR correlations · STRW correlations
