EXR vs VICI: Correlation
Extra Space Storage (EXR) and Vici Properties (VICI) show a moderate relationship: their 3-year correlation of weekly returns is 0.59.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are EXR and VICI?
On 3 years of weekly data the EXR/VICI correlation comes out at 0.59, moderate. The link has tightened recently: the 1-year correlation (0.72) runs above the 3-year figure (0.59). The 5-year figure is 0.56, and annualized covariance runs at 277.1 %².
Among the 33 assets we track against EXR, VICI ranks #16 by 3-year correlation. The last year tells two different stories: EXR led by 24.3 percentage points, +5.6% for EXR against -18.7% for VICI. Across three years, the rolling one-year figure varied moderately, from 0.36 to 0.72.
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.
EXR vs VICI: side by side
| EXR (Extra Space Storage) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | +5.6% | -18.7% |
| 5-year return | -6.1% | +9.9% |
| Volatility (ann.) | 26.0% | 18.0% |
| Beta vs S&P 500 | 0.68 | 0.35 |
| Max drawdown (3Y) | -29.4% | -19.1% |
| Market cap | $31.5B | $28.4B |
| P/E (trailing) | 31.6 | 10.1 |
| Dividend yield | 4.50% | 6.92% |
| Sector / category | Real Estate | Real Estate |
Year-by-year returns
| Year | EXR | VICI |
|---|---|---|
| 2022 | -32.8% | +13.0% |
| 2023 | +13.9% | +3.6% |
| 2024 | -2.8% | -3.1% |
| 2025 | -8.9% | +1.9% |
| 2026 | +12.1% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are EXR and VICI good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between EXR and VICI?
As of 2026-08-27, the correlation of weekly returns between EXR and VICI is 0.59 over 3 years, 0.72 over 1 year and 0.56 over 5 years.
Is VICI a good diversifier for EXR?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.59 mean?
On the −1 to +1 scale, 0.59 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/exr-vs-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/exr-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: EXR correlations · VICI correlations
