DEA vs FEED: Correlation
Measured on weekly returns over the past three years, Easterly Government Properties, Inc. (DEA) and ENvue Medical, Inc. (FEED) carry a correlation of -0.27, a negative link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DEA and FEED?
Over the past 3 years, DEA and FEED moved with a correlation of -0.27, which is negative, meaning they tend to move in opposite directions. The link has tightened recently: the 1-year correlation (-0.10) runs above the 3-year figure (-0.27). Over 5 years the correlation is -0.17, and the annualized covariance of weekly returns is -1469.1 %².
FEED is close to the least connected end of DEA's tracked universe, ranking #12 of 15. Correlation aside, the last 12 months split them widely, with DEA ahead by 108.9 points (+15.2% versus -93.7%). Risk is not evenly split, since FEED carries 8.0 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.
DEA vs FEED: side by side
| DEA (Easterly Government Properties, Inc.) | FEED (ENvue Medical, Inc.) | |
|---|---|---|
| 1-year return | +15.2% | -93.7% |
| 5-year return | -33.0% | -100.0% |
| Volatility (ann.) | 25.9% | 207.5% |
| Beta vs S&P 500 | 0.47 | 2.43 |
| Max drawdown (3Y) | -42.2% | -99.9% |
| Market cap | $1.2B | – |
| P/E (trailing) | 129.4 | – |
| Dividend yield | 7.27% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DEA | FEED |
|---|---|---|
| 2022 | -34.0% | -75.8% |
| 2023 | +1.8% | -77.2% |
| 2024 | -7.9% | -48.7% |
| 2025 | -18.6% | -96.4% |
| 2026 | +22.8% | -84.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DEA and FEED good diversifiers for each other?
Yes. With a correlation of -0.27, DEA and FEED have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between DEA and FEED?
As of 2026-08-27, the correlation of weekly returns between DEA and FEED is -0.27 over 3 years, -0.10 over 1 year and -0.17 over 5 years.
Is FEED a good diversifier for DEA?
Yes. With a correlation of -0.27, DEA and FEED have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.27 mean?
On the −1 to +1 scale, -0.27 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/dea-vs-feed.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dea-vs-feed/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DEA correlations · FEED correlations