GLPI vs VICI: Correlation
Gaming and Leisure Properties, Inc. (GLPI) and Vici Properties (VICI) show a very strong relationship: their 3-year correlation of weekly returns is 0.80.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GLPI and VICI?
On 3 years of weekly data the GLPI/VICI correlation comes out at 0.80, very strong, meaning they move nearly in lockstep. Little has changed lately, as the 1-year reading of 0.76 lands near the 3-year figure. The 5-year figure is 0.81, and annualized covariance runs at 246.2 %².
Few assets follow GLPI as closely as VICI, which ranks #1 of 12 tracked partners. On 12-month performance GLPI holds a 13.2-point edge, -5.5% against -18.7%.
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.
GLPI vs VICI: side by side
| GLPI (Gaming and Leisure Properties, Inc.) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | -5.5% | -18.7% |
| 5-year return | +19.9% | +9.9% |
| Volatility (ann.) | 17.1% | 18.0% |
| Beta vs S&P 500 | 0.29 | 0.35 |
| Max drawdown (3Y) | -14.9% | -19.1% |
| Market cap | $12.7B | $28.4B |
| P/E (trailing) | 12.4 | 10.1 |
| Dividend yield | 7.42% | 6.92% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | GLPI | VICI |
|---|---|---|
| 2022 | +13.5% | +13.0% |
| 2023 | +0.9% | +3.6% |
| 2024 | +3.9% | -3.1% |
| 2025 | -0.8% | +1.9% |
| 2026 | -2.1% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GLPI and VICI good diversifiers for each other?
No: a correlation of 0.80 means GLPI and VICI tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between GLPI and VICI?
Using weekly returns as of 2026-08-27: 0.80 over 3 years, with 0.76 over the last year and 0.81 over 5 years.
Is VICI a good diversifier for GLPI?
No: a correlation of 0.80 means GLPI and VICI tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.80 mean?
A reading of 0.80 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/glpi-vs-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/glpi-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GLPI correlations · VICI correlations
