CLST vs WHLR: Correlation
How closely do Catalyst Bancorp, Inc. (CLST) and Wheeler Real Estate Investment Trust, Inc. (WHLR) trade together? Their weekly returns over three years give a correlation of -0.32, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CLST and WHLR?
Across a 3-year window, the weekly returns of CLST and WHLR correlate at -0.32, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.14 versus -0.32 over 3 years. Stretching to 5 years gives -0.17, with an annualized covariance of -2307.2 %².
Out of 12 assets tracked against CLST, WHLR lands near the bottom at #11. The last year tells two different stories: CLST led by 135.9 percentage points, +35.9% for CLST against -100.0% for WHLR. Risk is not evenly split, since WHLR carries 41.3 times the volatility of the other side.
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.
CLST vs WHLR: side by side
| CLST (Catalyst Bancorp, Inc.) | WHLR (Wheeler Real Estate Investment Trust, Inc.) | |
|---|---|---|
| 1-year return | +35.9% | -100.0% |
| 5-year return | +28.2% | -100.0% |
| Volatility (ann.) | 13.2% | 545.0% |
| Beta vs S&P 500 | 0.08 | -5.84 |
| Max drawdown (3Y) | -12.7% | -100.0% |
| Market cap | $0.1B | – |
| P/E (trailing) | 31.1 | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CLST | WHLR |
|---|---|---|
| 2022 | -7.1% | -28.0% |
| 2023 | -14.6% | -98.4% |
| 2024 | +8.6% | -98.4% |
| 2025 | +33.8% | -100.0% |
| 2026 | +10.4% | -99.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CLST and WHLR good diversifiers for each other?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between CLST and WHLR?
As of 2026-08-27, the correlation of weekly returns between CLST and WHLR is -0.32 over 3 years, -0.14 over 1 year and -0.17 over 5 years.
Is WHLR a good diversifier for CLST?
Yes: at -0.32, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.32 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/clst-vs-whlr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/clst-vs-whlr/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: CLST correlations · WHLR correlations
