ENSG vs GTY: Correlation
The Ensign Group, Inc. (ENSG) and Getty Realty Corporation (GTY) show a moderate relationship: their 3-year correlation of weekly returns is 0.46.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ENSG and GTY?
Over the past 3 years, ENSG and GTY moved with a correlation of 0.46, which is moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. Over 5 years the correlation is 0.47, and the annualized covariance of weekly returns is 204.8 %².
Few assets follow ENSG as closely as GTY, which ranks #2 of 12 tracked partners. Correlation aside, the last 12 months split them widely, with GTY ahead by 22.3 points (+0.9% versus +23.2%).
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.
ENSG vs GTY: side by side
| ENSG (The Ensign Group, Inc.) | GTY (Getty Realty Corporation) | |
|---|---|---|
| 1-year return | +0.9% | +23.2% |
| 5-year return | +115.6% | +40.7% |
| Volatility (ann.) | 23.8% | 18.8% |
| Beta vs S&P 500 | 0.22 | 0.13 |
| Max drawdown (3Y) | -31.8% | -17.9% |
| Market cap | $10.1B | $2.0B |
| P/E (trailing) | 28.4 | 20.2 |
| Dividend yield | 0.14% | 5.79% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ENSG | GTY |
|---|---|---|
| 2022 | +13.0% | +11.7% |
| 2023 | +18.9% | -8.8% |
| 2024 | +18.6% | +9.9% |
| 2025 | +31.3% | -2.9% |
| 2026 | -0.3% | +24.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ENSG and GTY good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ENSG and GTY?
Using weekly returns as of 2026-08-27: 0.46 over 3 years, with 0.41 over the last year and 0.47 over 5 years.
Is GTY a good diversifier for ENSG?
Yes, to a useful degree: a correlation of 0.46 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.46 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ensg-vs-gty.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ensg-vs-gty/)
Free with attribution; caching and terms are described in the API documentation.
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Hubs: ENSG correlations · GTY correlations