EPRT vs NTST: Correlation
Essential Properties Realty Trust, Inc. (EPRT) and NetSTREIT Corp. (NTST) show a strong relationship: their 3-year correlation of weekly returns is 0.70.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPRT and NTST?
On 3 years of weekly data the EPRT/NTST correlation comes out at 0.70, strong. Little has changed lately, as the 1-year reading of 0.74 lands near the 3-year figure. The 5-year figure is 0.68, and annualized covariance runs at 330.6 %².
Within EPRT's tracked universe of 17 assets, NTST comes in at #7 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months NTST outperformed by 15.8 percentage points (+1.2% for EPRT against +17.0% for NTST).
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 NTST: side by side
| EPRT (Essential Properties Realty Trust, Inc.) | NTST (NetSTREIT Corp.) | |
|---|---|---|
| 1-year return | +1.2% | +17.0% |
| 5-year return | +16.4% | -2.0% |
| Volatility (ann.) | 20.1% | 23.4% |
| Beta vs S&P 500 | 0.40 | 0.44 |
| Max drawdown (3Y) | -15.5% | -23.0% |
| Market cap | $6.6B | $2.1B |
| P/E (trailing) | 23.7 | 146.6 |
| Dividend yield | 4.04% | 4.19% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPRT | NTST |
|---|---|---|
| 2022 | -14.6% | -16.8% |
| 2023 | +14.2% | +2.1% |
| 2024 | +27.3% | -16.7% |
| 2025 | -1.4% | +31.2% |
| 2026 | +4.5% | +18.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPRT and NTST good diversifiers for each other?
Only partially. A correlation of 0.70 means EPRT and NTST 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 EPRT and NTST?
As of 2026-08-27, the correlation of weekly returns between EPRT and NTST is 0.70 over 3 years, 0.74 over 1 year and 0.68 over 5 years.
Is NTST a good diversifier for EPRT?
Only partially. A correlation of 0.70 means EPRT and NTST share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.70 mean?
A reading of 0.70 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/eprt-vs-ntst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/eprt-vs-ntst/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: EPRT correlations · NTST correlations
