IBTA vs MKZR: Correlation
How closely do Ibotta, Inc. (IBTA) and MacKenzie Realty Capital, Inc. (MKZR) trade together? Their weekly returns over three years give a correlation of 0.40, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IBTA and MKZR?
On 3 years of weekly data the IBTA/MKZR correlation comes out at 0.40, moderate. The past 12 months show a tighter link (0.66) than the 3-year average (0.40). The 5-year figure is n/a, and annualized covariance runs at 2926.2 %².
Among the 19 assets we track against IBTA, MKZR ranks #9 by 3-year correlation. The last year tells two different stories: IBTA led by 118.0 percentage points, +42.3% for IBTA against -75.7% for MKZR.
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.
IBTA vs MKZR: side by side
| IBTA (Ibotta, Inc.) | MKZR (MacKenzie Realty Capital, Inc.) | |
|---|---|---|
| 1-year return | +42.3% | -75.7% |
| 5-year return | n/a | n/a |
| Volatility (ann.) | 79.0% | 91.6% |
| Beta vs S&P 500 | 1.45 | 0.74 |
| Max drawdown (3Y) | -82.5% | -97.8% |
| Market cap | $0.8B | – |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Are IBTA and MKZR good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between IBTA and MKZR?
Using weekly returns as of 2026-08-27: 0.40 over 3 years, with 0.66 over the last year and n/a over 5 years.
Is MKZR a good diversifier for IBTA?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 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/ibta-vs-mkzr.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ibta-vs-mkzr/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: IBTA correlations · MKZR correlations
