IRT vs VMRK: Correlation
Measured on weekly returns over the past three years, Independence Realty Trust, Inc. (IRT) and Vivmark Residential (VMRK) carry a correlation of 0.75, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IRT and VMRK?
Across a 3-year window, the weekly returns of IRT and VMRK correlate at 0.75, strong. Little has changed lately, as the 1-year reading of 0.72 lands near the 3-year figure. Stretching to 5 years gives 0.74, with an annualized covariance of 367.2 %².
Within IRT's tracked universe of 16 assets, VMRK comes in at #6 by 3-year correlation. Over the last 12 months VMRK came out ahead by 8.6 percentage points (-3.5% against +5.1%).
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.
IRT vs VMRK: side by side
| IRT (Independence Realty Trust, Inc.) | VMRK (Vivmark Residential) | |
|---|---|---|
| 1-year return | -3.5% | +5.1% |
| 5-year return | -4.5% | -5.5% |
| Volatility (ann.) | 24.8% | 19.7% |
| Beta vs S&P 500 | 0.74 | 0.57 |
| Max drawdown (3Y) | -29.0% | -21.2% |
| Market cap | $4.0B | $26.1B |
| P/E (trailing) | 91.1 | 25.7 |
| Dividend yield | 4.15% | 0.00% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | IRT | VMRK |
|---|---|---|
| 2022 | -32.3% | -32.5% |
| 2023 | -5.6% | +8.3% |
| 2024 | +34.3% | +20.8% |
| 2025 | -8.5% | -8.6% |
| 2026 | -4.1% | +7.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IRT and VMRK good diversifiers for each other?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between IRT and VMRK?
As of 2026-08-27, the correlation of weekly returns between IRT and VMRK is 0.75 over 3 years, 0.72 over 1 year and 0.74 over 5 years.
Is VMRK a good diversifier for IRT?
Somewhat, no more. With 0.75 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.75 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/irt-vs-vmrk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/irt-vs-vmrk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IRT correlations · VMRK correlations
