CSR vs EFC: Correlation
D/B/A Centerspace (CSR) and Ellington Financial Inc. (EFC) show a moderate relationship: their 3-year correlation of weekly returns is 0.55.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CSR and EFC?
Over the past 3 years, CSR and EFC moved with a correlation of 0.55, which is moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 249.9 %².
By 3-year correlation, EFC places #4 of the 10 assets tracked against CSR. Correlation aside, the last 12 months split them widely, with EFC ahead by 15.6 points (-4.9% versus +10.7%).
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.
CSR vs EFC: side by side
| CSR (D/B/A Centerspace) | EFC (Ellington Financial Inc.) | |
|---|---|---|
| 1-year return | -4.9% | +10.7% |
| 5-year return | -34.2% | +35.9% |
| Volatility (ann.) | 24.3% | 18.8% |
| Beta vs S&P 500 | 0.65 | 0.54 |
| Max drawdown (3Y) | -26.5% | -18.9% |
| Market cap | $0.9B | $1.8B |
| P/E (trailing) | 41.7 | 8.4 |
| Dividend yield | 5.77% | 11.59% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CSR | EFC |
|---|---|---|
| 2022 | -45.0% | -18.3% |
| 2023 | +4.4% | +18.2% |
| 2024 | +19.1% | +8.7% |
| 2025 | +5.9% | +26.1% |
| 2026 | -19.1% | +7.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CSR and EFC good diversifiers for each other?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CSR and EFC?
As of 2026-08-27, the correlation of weekly returns between CSR and EFC is 0.55 over 3 years, 0.49 over 1 year and 0.47 over 5 years.
Is EFC a good diversifier for CSR?
Somewhat, no more. With 0.55 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.55 mean?
A reading of 0.55 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/csr-vs-efc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/csr-vs-efc/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CSR correlations · EFC correlations
