EPR vs NNN: Correlation
How closely do EPR Properties (EPR) and NNN REIT, Inc. (NNN) 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 NNN?
Across a 3-year window, the weekly returns of EPR and NNN correlate at 0.68, strong. The relationship has been stable: the 1-year correlation (0.72) sits close to the 3-year figure. Stretching to 5 years gives 0.68, with an annualized covariance of 307.8 %².
By 3-year correlation, NNN places #4 of the 12 assets tracked against EPR. Their 12-month results are close: +15.9% for EPR against +13.1% for NNN.
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 NNN: side by side
| EPR (EPR Properties) | NNN (NNN REIT, Inc.) | |
|---|---|---|
| 1-year return | +15.9% | +13.1% |
| 5-year return | +67.8% | +25.1% |
| Volatility (ann.) | 24.0% | 18.8% |
| Beta vs S&P 500 | 0.62 | 0.31 |
| Max drawdown (3Y) | -19.5% | -22.0% |
| Market cap | $4.6B | $8.6B |
| P/E (trailing) | 19.2 | 22.3 |
| Dividend yield | 6.00% | 5.26% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPR | NNN |
|---|---|---|
| 2022 | -14.6% | -0.0% |
| 2023 | +38.8% | -0.6% |
| 2024 | -1.3% | -0.1% |
| 2025 | +20.5% | +2.8% |
| 2026 | +24.0% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPR and NNN good diversifiers for each other?
To a limited degree. At 0.68 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between EPR and NNN?
The EPR/NNN correlation stands at 0.68 on a 3-year window (1 year: 0.72, 5 years: 0.68), computed from weekly returns as of 2026-08-27.
Is NNN a good diversifier for EPR?
To a limited degree. At 0.68 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.68 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/epr-vs-nnn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/epr-vs-nnn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EPR correlations · NNN correlations
