FRT vs VICI: Correlation
Federal Realty Investment Trust (FRT) and Vici Properties (VICI) show a strong relationship: their 3-year correlation of weekly returns is 0.65.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FRT and VICI?
On 3 years of weekly data the FRT/VICI correlation comes out at 0.65, strong. Little has changed lately, as the 1-year reading of 0.67 lands near the 3-year figure. The 5-year figure is 0.68, and annualized covariance runs at 226.9 %².
By 3-year correlation, VICI places #24 of the 46 assets tracked against FRT. The last year tells two different stories: FRT led by 40.3 percentage points, +21.6% for FRT against -18.7% for VICI. The rolling one-year correlation moved between 0.49 and 0.84 over the past three years, a moderate range.
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.
FRT vs VICI: side by side
| FRT (Federal Realty Investment Trust) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | +21.6% | -18.7% |
| 5-year return | +18.8% | +9.9% |
| Volatility (ann.) | 19.5% | 18.0% |
| Beta vs S&P 500 | 0.53 | 0.35 |
| Max drawdown (3Y) | -27.4% | -19.1% |
| Market cap | $10.2B | $28.4B |
| P/E (trailing) | 23.6 | 10.1 |
| Dividend yield | 3.84% | 6.92% |
| Sector / category | Real Estate | Real Estate |
Year-by-year returns
| Year | FRT | VICI |
|---|---|---|
| 2022 | -22.7% | +13.0% |
| 2023 | +6.6% | +3.6% |
| 2024 | +12.1% | -3.1% |
| 2025 | -5.9% | +1.9% |
| 2026 | +19.7% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FRT and VICI good diversifiers for each other?
Only partially. A correlation of 0.65 means FRT and VICI 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 FRT and VICI?
Using weekly returns as of 2026-08-27: 0.65 over 3 years, with 0.67 over the last year and 0.68 over 5 years.
Is VICI a good diversifier for FRT?
Only partially. A correlation of 0.65 means FRT and VICI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.65 mean?
A reading of 0.65 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/frt-vs-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/frt-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: FRT correlations · VICI correlations
