ILPT vs SST: Correlation
Industrial Logistics Properties Trust (ILPT) and System1, Inc. (SST) show a moderate relationship: their 3-year correlation of weekly returns is 0.36.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ILPT and SST?
On 3 years of weekly data the ILPT/SST correlation comes out at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.18) runs below the 3-year figure (0.36). The 5-year figure is 0.23, and annualized covariance runs at 3253.5 %².
Among the 13 assets we track against ILPT, SST ranks #8 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months ILPT outperformed by 118.9 percentage points (+43.4% for ILPT against -75.5% for SST). Risk is not evenly split, since SST carries 2.6 times the volatility of the other side.
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.
ILPT vs SST: side by side
| ILPT (Industrial Logistics Properties Trust) | SST (System1, Inc.) | |
|---|---|---|
| 1-year return | +43.4% | -75.5% |
| 5-year return | -65.6% | -98.1% |
| Volatility (ann.) | 59.0% | 151.9% |
| Beta vs S&P 500 | 1.10 | 0.94 |
| Max drawdown (3Y) | -51.1% | -95.2% |
| Market cap | $0.6B | – |
| P/E (trailing) | – | – |
| Dividend yield | 2.97% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ILPT | SST |
|---|---|---|
| 2022 | -86.5% | -52.9% |
| 2023 | +45.8% | -52.7% |
| 2024 | -21.6% | -59.5% |
| 2025 | +55.5% | -56.3% |
| 2026 | +54.5% | -52.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ILPT and SST good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between ILPT and SST?
The ILPT/SST correlation stands at 0.36 on a 3-year window (1 year: 0.18, 5 years: 0.23), computed from weekly returns as of 2026-08-27.
Is SST a good diversifier for ILPT?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 mean?
On the −1 to +1 scale, 0.36 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/ilpt-vs-sst.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ilpt-vs-sst/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ILPT correlations · SST correlations
