DEA vs UHT: Correlation
Easterly Government Properties, Inc. (DEA) and Universal Health Realty Income Trust (UHT) show a strong relationship: their 3-year correlation of weekly returns is 0.61.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DEA and UHT?
Over the past 3 years, DEA and UHT moved with a correlation of 0.61, which is strong. Little has changed lately, as the 1-year reading of 0.58 lands near the 3-year figure. Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 399.2 %².
Among the 15 assets we track against DEA, UHT ranks #6 by 3-year correlation. Over the last 12 months DEA came out ahead by 5.8 percentage points (+15.2% against +9.4%).
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 UHT: side by side
| DEA (Easterly Government Properties, Inc.) | UHT (Universal Health Realty Income Trust) | |
|---|---|---|
| 1-year return | +15.2% | +9.4% |
| 5-year return | -33.0% | -3.5% |
| Volatility (ann.) | 25.9% | 25.4% |
| Beta vs S&P 500 | 0.47 | 0.40 |
| Max drawdown (3Y) | -42.2% | -27.9% |
| Market cap | $1.2B | $0.6B |
| P/E (trailing) | 129.4 | 30.2 |
| Dividend yield | 7.27% | 7.07% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DEA | UHT |
|---|---|---|
| 2022 | -34.0% | -15.3% |
| 2023 | +1.8% | -3.6% |
| 2024 | -7.9% | -7.4% |
| 2025 | -18.6% | +13.3% |
| 2026 | +22.8% | +9.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DEA and UHT good diversifiers for each other?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DEA and UHT?
The DEA/UHT correlation stands at 0.61 on a 3-year window (1 year: 0.58, 5 years: 0.63), computed from weekly returns as of 2026-08-27.
Is UHT a good diversifier for DEA?
Somewhat, no more. With 0.61 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.61 mean?
A reading of 0.61 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/dea-vs-uht.json
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[](https://www.pairbook.io/pair/dea-vs-uht/)
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Related comparisons
Hubs: DEA correlations · UHT correlations
