LADR vs MFA: Correlation
Measured on weekly returns over the past three years, Ladder Capital Corp (LADR) and MFA Financial, Inc. (MFA) carry a correlation of 0.72, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LADR and MFA?
Over the past 3 years, LADR and MFA moved with a correlation of 0.72, which is strong. The past 12 months show a weaker link (0.53) than the 3-year average (0.72). Over 5 years the correlation is 0.74, and the annualized covariance of weekly returns is 351.9 %².
Few assets follow LADR as closely as MFA, which ranks #2 of 18 tracked partners. The trailing year gives MFA the advantage: -6.7% versus +2.8%, a 9.5-point spread.
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.
LADR vs MFA: side by side
| LADR (Ladder Capital Corp) | MFA (MFA Financial, Inc.) | |
|---|---|---|
| 1-year return | -6.7% | +2.8% |
| 5-year return | +32.1% | -8.1% |
| Volatility (ann.) | 19.1% | 25.6% |
| Beta vs S&P 500 | 0.50 | 0.64 |
| Max drawdown (3Y) | -15.3% | -31.6% |
| Market cap | $1.2B | $0.9B |
| P/E (trailing) | 23.4 | 8.8 |
| Dividend yield | 9.33% | 16.36% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LADR | MFA |
|---|---|---|
| 2022 | -9.0% | -37.2% |
| 2023 | +25.2% | +30.7% |
| 2024 | +5.5% | +2.6% |
| 2025 | +6.7% | +6.1% |
| 2026 | -6.3% | +2.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LADR and MFA good diversifiers for each other?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between LADR and MFA?
Using weekly returns as of 2026-08-27: 0.72 over 3 years, with 0.53 over the last year and 0.74 over 5 years.
Is MFA a good diversifier for LADR?
To a limited degree. At 0.72 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.72 mean?
A reading of 0.72 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/ladr-vs-mfa.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ladr-vs-mfa/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LADR correlations · MFA correlations
