CMRC vs MKZR: Correlation
Measured on weekly returns over the past three years, Commerce.com, Inc. - Series 1 (CMRC) and MacKenzie Realty Capital, Inc. (MKZR) carry a correlation of -0.29, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CMRC and MKZR?
Over the past 3 years, CMRC and MKZR moved with a correlation of -0.29, which is negative, meaning they tend to move in opposite directions. Lately the two have drifted apart, with the 1-year correlation at -0.43 versus -0.29 over 3 years. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is -1461.8 %².
MKZR is close to the least connected end of CMRC's tracked universe, ranking #13 of 16. The last year tells two different stories: CMRC led by 25.9 percentage points, -49.8% for CMRC against -75.7% for MKZR. One caveat on sizing: MKZR is 1.7 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.
CMRC vs MKZR: side by side
| CMRC (Commerce.com, Inc. - Series 1) | MKZR (MacKenzie Realty Capital, Inc.) | |
|---|---|---|
| 1-year return | -49.8% | -75.7% |
| 5-year return | -96.1% | n/a |
| Volatility (ann.) | 53.5% | 91.6% |
| Beta vs S&P 500 | 1.40 | 0.74 |
| Max drawdown (3Y) | -81.5% | -97.8% |
| Market cap | $0.2B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CMRC | MKZR |
|---|---|---|
| 2022 | -75.3% | – |
| 2023 | +11.3% | – |
| 2024 | -37.1% | – |
| 2025 | -32.7% | -86.7% |
| 2026 | -42.5% | -63.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CMRC and MKZR good diversifiers for each other?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
FAQ
What is the correlation between CMRC and MKZR?
As of 2026-08-27, the correlation of weekly returns between CMRC and MKZR is -0.29 over 3 years, -0.43 over 1 year and n/a over 5 years.
Is MKZR a good diversifier for CMRC?
By historical standards, yes. A correlation of -0.29 means the two rarely move for the same reasons.
What does a correlation of -0.29 mean?
On the −1 to +1 scale, -0.29 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
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Related comparisons
Hubs: CMRC correlations · MKZR correlations
