EPRT vs NNN: Correlation
Measured on weekly returns over the past three years, Essential Properties Realty Trust, Inc. (EPRT) and NNN REIT, Inc. (NNN) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPRT and NNN?
On 3 years of weekly data the EPRT/NNN correlation comes out at 0.72, strong. Little has changed lately, as the 1-year reading of 0.74 lands near the 3-year figure. The 5-year figure is 0.76, and annualized covariance runs at 274.8 %².
By 3-year correlation, NNN places #4 of the 17 assets tracked against EPRT. The trailing year gives NNN the advantage: +1.2% versus +13.1%, a 11.9-point spread.
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.
EPRT vs NNN: side by side
| EPRT (Essential Properties Realty Trust, Inc.) | NNN (NNN REIT, Inc.) | |
|---|---|---|
| 1-year return | +1.2% | +13.1% |
| 5-year return | +16.4% | +25.1% |
| Volatility (ann.) | 20.1% | 18.8% |
| Beta vs S&P 500 | 0.40 | 0.31 |
| Max drawdown (3Y) | -15.5% | -22.0% |
| Market cap | $6.6B | $8.6B |
| P/E (trailing) | 23.7 | 22.3 |
| Dividend yield | 4.04% | 5.26% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPRT | NNN |
|---|---|---|
| 2022 | -14.6% | -0.0% |
| 2023 | +14.2% | -0.6% |
| 2024 | +27.3% | -0.1% |
| 2025 | -1.4% | +2.8% |
| 2026 | +4.5% | +19.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPRT and NNN good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EPRT and NNN?
As of 2026-08-27, the correlation of weekly returns between EPRT and NNN is 0.72 over 3 years, 0.74 over 1 year and 0.76 over 5 years.
Is NNN a good diversifier for EPRT?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 mean?
On the −1 to +1 scale, 0.72 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/eprt-vs-nnn.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eprt-vs-nnn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EPRT correlations · NNN correlations
