DEI vs MPT: Correlation
Douglas Emmett, Inc. (DEI) and Medical Properties Trust, Inc. (MPT) show a moderate relationship: their 3-year correlation of weekly returns is 0.48.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DEI and MPT?
Over the past 3 years, DEI and MPT moved with a correlation of 0.48, which is moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. Over 5 years the correlation is 0.52, and the annualized covariance of weekly returns is 921.3 %².
By 3-year correlation, MPT places #17 of the 24 assets tracked against DEI. Correlation aside, the last 12 months split them widely, with MPT ahead by 19.0 points (-21.1% versus -2.1%). One caveat on sizing: MPT is 1.5 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.
DEI vs MPT: side by side
| DEI (Douglas Emmett, Inc.) | MPT (Medical Properties Trust, Inc.) | |
|---|---|---|
| 1-year return | -21.1% | -2.1% |
| 5-year return | -52.6% | -69.8% |
| Volatility (ann.) | 35.7% | 53.6% |
| Beta vs S&P 500 | 0.99 | 1.05 |
| Max drawdown (3Y) | -51.8% | -55.9% |
| Market cap | $2.4B | $2.4B |
| P/E (trailing) | – | – |
| Dividend yield | 6.35% | 8.58% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | DEI | MPT |
|---|---|---|
| 2022 | -50.9% | -49.0% |
| 2023 | -1.9% | -50.3% |
| 2024 | +34.6% | -11.5% |
| 2025 | -37.5% | +35.2% |
| 2026 | +12.1% | -16.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DEI and MPT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between DEI and MPT?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.39 over the last year and 0.52 over 5 years.
Is MPT a good diversifier for DEI?
Yes, to a useful degree: a correlation of 0.48 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.48 mean?
On the −1 to +1 scale, 0.48 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/dei-vs-mpt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/dei-vs-mpt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: DEI correlations · MPT correlations
