BETR vs JRI: Correlation
Better Home & Finance Holding Company (BETR) and Nuveen Real Asset Income and Growth Fund (JRI) show a moderate relationship: their 3-year correlation of weekly returns is 0.37.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BETR and JRI?
Over the past 3 years, BETR and JRI moved with a correlation of 0.37, which is moderate. Recent behaviour matches the longer record: 0.39 over 1 year against 0.37 over 3. Over 5 years the correlation is 0.11, and the annualized covariance of weekly returns is 646.9 %².
In BETR's tracked universe of 12 assets, JRI sits right near the top at #3. Correlation aside, the last 12 months split them widely, with JRI ahead by 36.8 points (-31.5% versus +5.3%). One caveat on sizing: BETR is 6.0 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.
BETR vs JRI: side by side
| BETR (Better Home & Finance Holding Company) | JRI (Nuveen Real Asset Income and Growth Fund) | |
|---|---|---|
| 1-year return | -31.5% | +5.3% |
| 5-year return | -97.1% | +31.7% |
| Volatility (ann.) | 101.5% | 17.0% |
| Beta vs S&P 500 | 1.13 | 0.64 |
| Max drawdown (3Y) | -86.5% | -13.7% |
| Market cap | $0.3B | $0.3B |
| P/E (trailing) | – | 7.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BETR | JRI |
|---|---|---|
| 2022 | +1.9% | -20.8% |
| 2023 | -91.9% | +10.1% |
| 2024 | -78.2% | +16.3% |
| 2025 | +265.2% | +26.8% |
| 2026 | -55.2% | -0.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BETR and JRI good diversifiers for each other?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BETR and JRI?
As of 2026-08-27, the correlation of weekly returns between BETR and JRI is 0.37 over 3 years, 0.39 over 1 year and 0.11 over 5 years.
Is JRI a good diversifier for BETR?
A fair diversifier. At 0.37, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.37 mean?
On the −1 to +1 scale, 0.37 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/betr-vs-jri.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/betr-vs-jri/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BETR correlations · JRI correlations
