EPRT vs VXZ: Correlation
Essential Properties Realty Trust, Inc. (EPRT) and iPath Series B S&P 500 VIX Mid-Term Futures ETN (VXZ) show a negative relationship: their 3-year correlation of weekly returns is -0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EPRT and VXZ?
On 3 years of weekly data the EPRT/VXZ correlation comes out at -0.36, negative, meaning they tend to move in opposite directions. Lately the two have moved closer together, with the 1-year correlation at -0.14 versus -0.36 over 3 years. The 5-year figure is -0.43, and annualized covariance runs at -186.8 %².
VXZ is close to the least connected end of EPRT's tracked universe, ranking #17 of 17. The last year tells two different stories: EPRT led by 17.3 percentage points, +1.2% for EPRT against -16.1% for VXZ.
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 VXZ: side by side
| EPRT (Essential Properties Realty Trust, Inc.) | VXZ (iPath Series B S&P 500 VIX Mid-Term Futures ETN) | |
|---|---|---|
| 1-year return | +1.2% | -16.1% |
| 5-year return | +16.4% | -53.1% |
| Volatility (ann.) | 20.1% | 25.6% |
| Beta vs S&P 500 | 0.40 | -1.31 |
| Max drawdown (3Y) | -15.5% | -36.4% |
| Market cap | $6.6B | – |
| P/E (trailing) | 23.7 | – |
| Dividend yield | 4.04% | – |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | EPRT | VXZ |
|---|---|---|
| 2022 | -14.6% | +0.5% |
| 2023 | +14.2% | -44.0% |
| 2024 | +27.3% | -12.7% |
| 2025 | -1.4% | +5.7% |
| 2026 | +4.5% | -10.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EPRT and VXZ good diversifiers for each other?
Yes. With a correlation of -0.36, EPRT and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between EPRT and VXZ?
As of 2026-08-27, the correlation of weekly returns between EPRT and VXZ is -0.36 over 3 years, -0.14 over 1 year and -0.43 over 5 years.
Is VXZ a good diversifier for EPRT?
Yes. With a correlation of -0.36, EPRT and VXZ have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.36 mean?
A reading of -0.36 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-vxz.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/eprt-vs-vxz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: EPRT correlations · VXZ correlations
