EPR vs VNQ: Correlation
How closely do EPR Properties (EPR) and Vanguard Real Estate ETF (VNQ) trade together? Their weekly returns over three years give a correlation of 0.75, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPR and VNQ?
On 3 years of weekly data the EPR/VNQ correlation comes out at 0.75, strong. Little has changed lately, as the 1-year reading of 0.80 lands near the 3-year figure. The 5-year figure is 0.70, and annualized covariance runs at 296.9 %².
In EPR's tracked universe of 12 assets, VNQ sits right near the top at #1. On 12-month performance EPR holds a 5.6-point edge, +15.9% against +10.3%.
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 VNQ: side by side
| EPR (EPR Properties) | VNQ (Vanguard Real Estate ETF) | |
|---|---|---|
| 1-year return | +15.9% | +10.3% |
| 5-year return | +67.8% | +9.5% |
| Volatility (ann.) | 24.0% | 16.6% |
| Beta vs S&P 500 | 0.62 | 0.59 |
| Max drawdown (3Y) | -19.5% | -17.5% |
| Market cap | $4.6B | – |
| P/E (trailing) | 19.2 | – |
| Dividend yield | 6.00% | 3.51% |
| Expense ratio | – | 0.13% |
| Assets under management | – | $73.1B |
| Sector / category | US Listed | ETF · Real Estate |
VNQ is a Real Estate fund from Vanguard: $73.1B under management, 140 holdings, a 0.13% expense ratio, a 3.51% trailing dividend yield.
Year-by-year returns
| Year | EPR | VNQ |
|---|---|---|
| 2022 | -14.6% | -26.3% |
| 2023 | +38.8% | +11.9% |
| 2024 | -1.3% | +4.8% |
| 2025 | +20.5% | +3.2% |
| 2026 | +24.0% | +12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.25% of VNQ is EPR itself, so the fund partly moves with the stock by construction.
Are EPR and VNQ good diversifiers for each other?
Only partially. A correlation of 0.75 means EPR and VNQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between EPR and VNQ?
Using weekly returns as of 2026-08-27: 0.75 over 3 years, with 0.80 over the last year and 0.70 over 5 years.
Is VNQ a good diversifier for EPR?
Only partially. A correlation of 0.75 means EPR and VNQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.75 mean?
A reading of 0.75 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-vnq.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/epr-vs-vnq/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EPR correlations · VNQ correlations
