BALL vs NNN: Correlation
Ball Corporation (BALL) and NNN REIT, Inc. (NNN) show a moderate relationship: their 3-year correlation of weekly returns is 0.54.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BALL and NNN?
On 3 years of weekly data the BALL/NNN correlation comes out at 0.54, moderate. Little has changed lately, as the 1-year reading of 0.55 lands near the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 272.1 %².
Within BALL's tracked universe of 41 assets, NNN comes in at #13 by 3-year correlation. On 12-month performance BALL holds a 9.8-point edge, +22.9% against +13.1%.
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.
BALL vs NNN: side by side
| BALL (Ball Corporation) | NNN (NNN REIT, Inc.) | |
|---|---|---|
| 1-year return | +22.9% | +13.1% |
| 5-year return | -29.3% | +25.1% |
| Volatility (ann.) | 26.9% | 18.8% |
| Beta vs S&P 500 | 0.43 | 0.31 |
| Max drawdown (3Y) | -35.6% | -22.0% |
| Market cap | $16.8B | $8.6B |
| P/E (trailing) | 18.4 | 22.3 |
| Dividend yield | 1.25% | 5.26% |
| Sector / category | Materials | US Listed |
Year-by-year returns
| Year | BALL | NNN |
|---|---|---|
| 2022 | -46.2% | -0.0% |
| 2023 | +14.1% | -0.6% |
| 2024 | -3.0% | -0.1% |
| 2025 | -2.4% | +2.8% |
| 2026 | +20.4% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BALL and NNN good diversifiers for each other?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BALL and NNN?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.55 over the last year and 0.53 over 5 years.
Is NNN a good diversifier for BALL?
Somewhat, no more. With 0.54 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.54 mean?
On the −1 to +1 scale, 0.54 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ball-vs-nnn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ball-vs-nnn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BALL correlations · NNN correlations
