GTY vs LTC: Correlation
Getty Realty Corporation (GTY) and LTC Properties, Inc. (LTC) show a strong relationship: their 3-year correlation of weekly returns is 0.63.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are GTY and LTC?
On 3 years of weekly data the GTY/LTC correlation comes out at 0.63, strong. Little has changed lately, as the 1-year reading of 0.70 lands near the 3-year figure. The 5-year figure is 0.60, and annualized covariance runs at 209.4 %².
By 3-year correlation, LTC places #7 of the 19 assets tracked against GTY. Neither side won the trailing year by much: +23.2% against +18.6%.
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.
GTY vs LTC: side by side
| GTY (Getty Realty Corporation) | LTC (LTC Properties, Inc.) | |
|---|---|---|
| 1-year return | +23.2% | +18.6% |
| 5-year return | +40.7% | +63.7% |
| Volatility (ann.) | 18.8% | 17.7% |
| Beta vs S&P 500 | 0.13 | 0.22 |
| Max drawdown (3Y) | -17.9% | -14.5% |
| Market cap | $2.0B | $2.2B |
| P/E (trailing) | 20.2 | 14.5 |
| Dividend yield | 5.79% | 5.63% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | GTY | LTC |
|---|---|---|
| 2022 | +11.7% | +10.5% |
| 2023 | -8.8% | -3.2% |
| 2024 | +9.9% | +14.9% |
| 2025 | -2.9% | +6.2% |
| 2026 | +24.0% | +23.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are GTY and LTC good diversifiers for each other?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between GTY and LTC?
Using weekly returns as of 2026-08-27: 0.63 over 3 years, with 0.70 over the last year and 0.60 over 5 years.
Is LTC a good diversifier for GTY?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.63 mean?
On the −1 to +1 scale, 0.63 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/gty-vs-ltc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/gty-vs-ltc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: GTY correlations · LTC correlations
