LADR vs STWD: Correlation
How closely do Ladder Capital Corp (LADR) and STARWOOD PROPERTY TRUST, INC. Starwood Property Trust Inc. (STWD) trade together? Their weekly returns over three years give a correlation of 0.73, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LADR and STWD?
On 3 years of weekly data the LADR/STWD correlation comes out at 0.73, strong. Lately the two have drifted apart, with the 1-year correlation at 0.57 versus 0.73 over 3 years. The 5-year figure is 0.81, and annualized covariance runs at 270.5 %².
STWD is one of the assets that tracks LADR most closely: it ranks #1 out of the 18 assets we track against LADR. On 12-month performance LADR holds a 5.1-point edge, -6.7% against -11.8%.
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 STWD: side by side
| LADR (Ladder Capital Corp) | STWD (STARWOOD PROPERTY TRUST, INC. Starwood Property Trust Inc.) | |
|---|---|---|
| 1-year return | -6.7% | -11.8% |
| 5-year return | +32.1% | +0.5% |
| Volatility (ann.) | 19.1% | 19.3% |
| Beta vs S&P 500 | 0.50 | 0.65 |
| Max drawdown (3Y) | -15.3% | -15.8% |
| Market cap | $1.2B | $6.1B |
| P/E (trailing) | 23.4 | 27.0 |
| Dividend yield | 9.33% | 12.07% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LADR | STWD |
|---|---|---|
| 2022 | -9.0% | -17.3% |
| 2023 | +25.2% | +26.7% |
| 2024 | +5.5% | -0.6% |
| 2025 | +6.7% | +4.9% |
| 2026 | -6.3% | -6.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LADR and STWD good diversifiers for each other?
Only partially. A correlation of 0.73 means LADR and STWD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between LADR and STWD?
As of 2026-08-27, the correlation of weekly returns between LADR and STWD is 0.73 over 3 years, 0.57 over 1 year and 0.81 over 5 years.
Is STWD a good diversifier for LADR?
Only partially. A correlation of 0.73 means LADR and STWD share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.73 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/ladr-vs-stwd.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ladr-vs-stwd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LADR correlations · STWD correlations
