EPR vs JRS: Correlation
How closely do EPR Properties (EPR) and Nuveen Real Estate Income Fund (JRS) trade together? Their weekly returns over three years give a correlation of 0.68, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPR and JRS?
On 3 years of weekly data the EPR/JRS correlation comes out at 0.68, strong. Little has changed lately, as the 1-year reading of 0.71 lands near the 3-year figure. The 5-year figure is 0.65, and annualized covariance runs at 343.5 %².
In EPR's tracked universe of 12 assets, JRS sits right near the top at #3. Neither side won the trailing year by much: +15.9% against +14.4%.
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.
EPR vs JRS: side by side
| EPR (EPR Properties) | JRS (Nuveen Real Estate Income Fund) | |
|---|---|---|
| 1-year return | +15.9% | +14.4% |
| 5-year return | +67.8% | +13.5% |
| Volatility (ann.) | 24.0% | 21.1% |
| Beta vs S&P 500 | 0.62 | 0.79 |
| Max drawdown (3Y) | -19.5% | -25.3% |
| Market cap | $4.6B | – |
| P/E (trailing) | 19.2 | – |
| Dividend yield | 6.00% | 8.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPR | JRS |
|---|---|---|
| 2022 | -14.6% | -35.6% |
| 2023 | +38.8% | +13.4% |
| 2024 | -1.3% | +19.7% |
| 2025 | +20.5% | -3.4% |
| 2026 | +24.0% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPR and JRS good diversifiers for each other?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EPR and JRS?
Using weekly returns as of 2026-08-27: 0.68 over 3 years, with 0.71 over the last year and 0.65 over 5 years.
Is JRS a good diversifier for EPR?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.68 mean?
A reading of 0.68 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/epr-vs-jrs.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/epr-vs-jrs/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EPR correlations · JRS correlations
