LADR vs VNQ: Correlation
How closely do Ladder Capital Corp (LADR) and Vanguard Real Estate ETF (VNQ) trade together? Their weekly returns over three years give a correlation of 0.68, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LADR and VNQ?
Over the past 3 years, LADR and VNQ moved with a correlation of 0.68, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.53 versus 0.68 over 3 years. Over 5 years the correlation is 0.67, and the annualized covariance of weekly returns is 214.1 %².
Within LADR's tracked universe of 18 assets, VNQ comes in at #4 by 3-year correlation. The last year tells two different stories: VNQ led by 17.0 percentage points, -6.7% for LADR against +10.3% for VNQ.
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 VNQ: side by side
| LADR (Ladder Capital Corp) | VNQ (Vanguard Real Estate ETF) | |
|---|---|---|
| 1-year return | -6.7% | +10.3% |
| 5-year return | +32.1% | +9.5% |
| Volatility (ann.) | 19.1% | 16.6% |
| Beta vs S&P 500 | 0.50 | 0.59 |
| Max drawdown (3Y) | -15.3% | -17.5% |
| Market cap | $1.2B | – |
| P/E (trailing) | 23.4 | – |
| Dividend yield | 9.33% | 3.51% |
| Expense ratio | – | 0.13% |
| Assets under management | – | $73.1B |
| Sector / category | US Listed | ETF · Real Estate |
VNQ is a Real Estate fund from Vanguard: $73.1B under management, 140 holdings, a 0.13% expense ratio, a 3.51% trailing dividend yield.
Year-by-year returns
| Year | LADR | VNQ |
|---|---|---|
| 2022 | -9.0% | -26.3% |
| 2023 | +25.2% | +11.9% |
| 2024 | +5.5% | +4.8% |
| 2025 | +6.7% | +3.2% |
| 2026 | -6.3% | +12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LADR and VNQ good diversifiers for each other?
Only partially. A correlation of 0.68 means LADR and VNQ 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 VNQ?
Using weekly returns as of 2026-08-27: 0.68 over 3 years, with 0.53 over the last year and 0.67 over 5 years.
Is VNQ a good diversifier for LADR?
Only partially. A correlation of 0.68 means LADR and VNQ share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.68 mean?
A reading of 0.68 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-vnq.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ladr-vs-vnq/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: LADR correlations · VNQ correlations
