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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

Correlation (3Y)
-0.27
negative
Correlation (1Y)
-0.10
last 12 months
Correlation (5Y)
-0.17
long-run
Ann. covariance
-1469.1
%² · weekly, annualized

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 5000.472.43
Max drawdown (3Y)-42.2%-99.9%
Market cap$1.2B
P/E (trailing)129.4
Dividend yield7.27%0.00%
Sector / categoryUS ListedUS Listed
Higher yield: DEA 7.27% vs 0.00%Smaller drawdown: DEA -42.2% vs -99.9%Higher 5y return: DEA -33.0% vs -100.0%
-94%0%+39%2025-09-052026-08-27
Price paths over the last 12 months, both indexed to 100 at the start (weekly closes). DEA · FEED

Year-by-year returns

YearDEAFEED
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

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DEA vs FEED: 3-year weekly correlation -0.27DEA vs FEED-0.27

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Related comparisons

Hubs: DEA correlations · FEED correlations