DOC vs UFI: Correlation
Measured on weekly returns over the past three years, Healthpeak Properties (DOC) and Unifi, Inc. New (UFI) carry a correlation of 0.38, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are DOC and UFI?
Over the past 3 years, DOC and UFI moved with a correlation of 0.38, which is moderate. Recent behaviour matches the longer record: 0.46 over 1 year against 0.38 over 3. Over 5 years the correlation is 0.39, and the annualized covariance of weekly returns is 496.8 %².
Within DOC's tracked universe of 35 assets, UFI comes in at #23 by 3-year correlation. Correlation aside, the last 12 months split them widely, with UFI ahead by 43.0 points (+26.7% versus +69.7%). One caveat on sizing: UFI is 1.8 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.
DOC vs UFI: side by side
| DOC (Healthpeak Properties) | UFI (Unifi, Inc. New) | |
|---|---|---|
| 1-year return | +26.7% | +69.7% |
| 5-year return | -21.6% | -65.5% |
| Volatility (ann.) | 27.1% | 47.6% |
| Beta vs S&P 500 | 0.53 | 0.44 |
| Max drawdown (3Y) | -26.0% | -61.5% |
| Market cap | $15.0B | $0.1B |
| P/E (trailing) | 62.4 | – |
| Dividend yield | 5.65% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | DOC | UFI |
|---|---|---|
| 2022 | -27.5% | -62.8% |
| 2023 | -16.4% | -22.6% |
| 2024 | +8.8% | -6.2% |
| 2025 | -15.2% | -44.0% |
| 2026 | +37.9% | +115.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are DOC and UFI good diversifiers for each other?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between DOC and UFI?
The DOC/UFI correlation stands at 0.38 on a 3-year window (1 year: 0.46, 5 years: 0.39), computed from weekly returns as of 2026-08-27.
Is UFI a good diversifier for DOC?
A fair diversifier. At 0.38, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.38 mean?
A reading of 0.38 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/doc-vs-ufi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/doc-vs-ufi/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: DOC correlations · UFI correlations
