LAND vs RQI: Correlation
Gl (LAND) and Cohen & Steers Quality Income Realty Fund Inc (RQI) show a moderate relationship: their 3-year correlation of weekly returns is 0.56.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LAND and RQI?
Over the past 3 years, LAND and RQI moved with a correlation of 0.56, which is moderate. The past 12 months show a weaker link (0.43) than the 3-year average (0.56). Over 5 years the correlation is 0.63, and the annualized covariance of weekly returns is 320.2 %².
Among the 13 assets we track against LAND, RQI ranks #4 by 3-year correlation. On 12-month performance RQI holds a 5.5-point edge, +3.1% against +8.6%.
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.
LAND vs RQI: side by side
| LAND (Gl) | RQI (Cohen & Steers Quality Income Realty Fund Inc) | |
|---|---|---|
| 1-year return | +3.1% | +8.6% |
| 5-year return | -53.7% | +16.3% |
| Volatility (ann.) | 26.6% | 21.6% |
| Beta vs S&P 500 | 0.52 | 0.77 |
| Max drawdown (3Y) | -41.6% | -21.0% |
| Market cap | $0.4B | $1.7B |
| P/E (trailing) | – | 35.2 |
| Dividend yield | 6.31% | 7.74% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LAND | RQI |
|---|---|---|
| 2022 | -44.4% | -31.1% |
| 2023 | -18.5% | +15.7% |
| 2024 | -21.6% | +8.0% |
| 2025 | -10.7% | +2.1% |
| 2026 | +0.9% | +14.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LAND and RQI good diversifiers for each other?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between LAND and RQI?
Using weekly returns as of 2026-08-27: 0.56 over 3 years, with 0.43 over the last year and 0.63 over 5 years.
Is RQI a good diversifier for LAND?
Somewhat, no more. With 0.56 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.56 mean?
On the −1 to +1 scale, 0.56 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/land-vs-rqi.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/land-vs-rqi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: LAND correlations · RQI correlations
