LTC vs SBRA: Correlation
LTC Properties, Inc. (LTC) and Sabra Health Care REIT, Inc. (SBRA) show a strong relationship: their 3-year correlation of weekly returns is 0.63.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are LTC and SBRA?
On 3 years of weekly data the LTC/SBRA correlation comes out at 0.63, strong. Little has changed lately, as the 1-year reading of 0.71 lands near the 3-year figure. The 5-year figure is 0.71, and annualized covariance runs at 232.8 %².
Few assets follow LTC as closely as SBRA, which ranks #3 of 14 tracked partners. The trailing year gives LTC the advantage: +18.6% versus +12.1%, a 6.5-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.
LTC vs SBRA: side by side
| LTC (LTC Properties, Inc.) | SBRA (Sabra Health Care REIT, Inc.) | |
|---|---|---|
| 1-year return | +18.6% | +12.1% |
| 5-year return | +63.7% | +92.8% |
| Volatility (ann.) | 17.7% | 20.8% |
| Beta vs S&P 500 | 0.22 | 0.19 |
| Max drawdown (3Y) | -14.5% | -16.8% |
| Market cap | $2.2B | $5.3B |
| P/E (trailing) | 14.5 | 79.6 |
| Dividend yield | 5.63% | 5.71% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | LTC | SBRA |
|---|---|---|
| 2022 | +10.5% | +0.4% |
| 2023 | -3.2% | +26.3% |
| 2024 | +14.9% | +31.2% |
| 2025 | +6.2% | +17.0% |
| 2026 | +23.1% | +14.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are LTC and SBRA good diversifiers for each other?
Only partially. A correlation of 0.63 means LTC and SBRA 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 LTC and SBRA?
As of 2026-08-27, the correlation of weekly returns between LTC and SBRA is 0.63 over 3 years, 0.71 over 1 year and 0.71 over 5 years.
Is SBRA a good diversifier for LTC?
Only partially. A correlation of 0.63 means LTC and SBRA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.63 mean?
On the −1 to +1 scale, 0.63 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/ltc-vs-sbra.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/ltc-vs-sbra/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: LTC correlations · SBRA correlations
