DLR vs RFI: Correlation
Digital Realty (DLR) and Cohen & Steers Total Return Realty Fund, Inc. (RFI) show a moderate relationship: their 3-year correlation of weekly returns is 0.50.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DLR and RFI?
On 3 years of weekly data the DLR/RFI correlation comes out at 0.50, moderate. Little has changed lately, as the 1-year reading of 0.48 lands near the 3-year figure. The 5-year figure is 0.50, and annualized covariance runs at 245.0 %².
Among the 30 assets we track against DLR, RFI ranks #4 by 3-year correlation. Over the last 12 months DLR came out ahead by 12.7 percentage points (+16.4% against +3.7%).
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.
DLR vs RFI: side by side
| DLR (Digital Realty) | RFI (Cohen & Steers Total Return Realty Fund, Inc.) | |
|---|---|---|
| 1-year return | +16.4% | +3.7% |
| 5-year return | +40.3% | +5.1% |
| Volatility (ann.) | 27.1% | 18.1% |
| Beta vs S&P 500 | 0.73 | 0.57 |
| Max drawdown (3Y) | -29.4% | -16.2% |
| Market cap | $72.5B | – |
| P/E (trailing) | 94.2 | 27.1 |
| Dividend yield | 2.52% | 8.41% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | DLR | RFI |
|---|---|---|
| 2022 | -41.0% | -22.1% |
| 2023 | +39.9% | +4.4% |
| 2024 | +35.9% | +6.6% |
| 2025 | -10.1% | +3.6% |
| 2026 | +25.8% | +8.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DLR and RFI good diversifiers for each other?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between DLR and RFI?
The DLR/RFI correlation stands at 0.50 on a 3-year window (1 year: 0.48, 5 years: 0.50), computed from weekly returns as of 2026-08-27.
Is RFI a good diversifier for DLR?
Somewhat, no more. With 0.50 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.50 mean?
A reading of 0.50 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/dlr-vs-rfi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/dlr-vs-rfi/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: DLR correlations · RFI correlations
