BNL vs EPRT: Correlation
Measured on weekly returns over the past three years, Bro (BNL) and Essential Properties Realty Trust, Inc. (EPRT) carry a correlation of 0.69, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BNL and EPRT?
Across a 3-year window, the weekly returns of BNL and EPRT correlate at 0.69, strong. Recent behaviour matches the longer record: 0.66 over 1 year against 0.69 over 3. Stretching to 5 years gives 0.73, with an annualized covariance of 290.4 %².
Within BNL's tracked universe of 13 assets, EPRT comes in at #4 by 3-year correlation. The last year tells two different stories: BNL led by 21.2 percentage points, +22.4% for BNL against +1.2% for EPRT.
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.
BNL vs EPRT: side by side
| BNL (Bro) | EPRT (Essential Properties Realty Trust, Inc.) | |
|---|---|---|
| 1-year return | +22.4% | +1.2% |
| 5-year return | +7.7% | +16.4% |
| Volatility (ann.) | 21.0% | 20.1% |
| Beta vs S&P 500 | 0.31 | 0.40 |
| Max drawdown (3Y) | -19.5% | -15.5% |
| Market cap | $4.5B | $6.6B |
| P/E (trailing) | 28.2 | 23.7 |
| Dividend yield | 5.47% | 4.04% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BNL | EPRT |
|---|---|---|
| 2022 | -30.8% | -14.6% |
| 2023 | +14.0% | +14.2% |
| 2024 | -1.1% | +27.3% |
| 2025 | +17.3% | -1.4% |
| 2026 | +25.3% | +4.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BNL and EPRT good diversifiers for each other?
Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BNL and EPRT?
As of 2026-08-27, the correlation of weekly returns between BNL and EPRT is 0.69 over 3 years, 0.66 over 1 year and 0.73 over 5 years.
Is EPRT a good diversifier for BNL?
Somewhat, no more. With 0.69 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.69 mean?
On the −1 to +1 scale, 0.69 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/bnl-vs-eprt.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bnl-vs-eprt/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BNL correlations · EPRT correlations
