NTST vs VNQ: Correlation
How closely do NetSTREIT Corp. (NTST) and Vanguard Real Estate ETF (VNQ) trade together? Their weekly returns over three years give a correlation of 0.72, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are NTST and VNQ?
On 3 years of weekly data the NTST/VNQ correlation comes out at 0.72, strong. The relationship has been stable: the 1-year correlation (0.76) sits close to the 3-year figure. The 5-year figure is 0.67, and annualized covariance runs at 279.5 %².
VNQ is one of the assets that tracks NTST most closely: it ranks #1 out of the 14 assets we track against NTST. The trailing year gives NTST the advantage: +17.0% versus +10.3%, a 6.7-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.
NTST vs VNQ: side by side
| NTST (NetSTREIT Corp.) | VNQ (Vanguard Real Estate ETF) | |
|---|---|---|
| 1-year return | +17.0% | +10.3% |
| 5-year return | -2.0% | +9.5% |
| Volatility (ann.) | 23.4% | 16.6% |
| Beta vs S&P 500 | 0.44 | 0.59 |
| Max drawdown (3Y) | -23.0% | -17.5% |
| Market cap | $2.1B | – |
| P/E (trailing) | 146.6 | – |
| Dividend yield | 4.19% | 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 | NTST | VNQ |
|---|---|---|
| 2022 | -16.8% | -26.3% |
| 2023 | +2.1% | +11.9% |
| 2024 | -16.7% | +4.8% |
| 2025 | +31.2% | +3.2% |
| 2026 | +18.9% | +12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
A structural note: 0.11% of VNQ is NTST itself, so the fund partly moves with the stock by construction.
Are NTST and VNQ 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 NTST and VNQ?
As of 2026-08-27, the correlation of weekly returns between NTST and VNQ is 0.72 over 3 years, 0.76 over 1 year and 0.67 over 5 years.
Is VNQ a good diversifier for NTST?
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/ntst-vs-vnq.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ntst-vs-vnq/)
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Related comparisons
Hubs: NTST correlations · VNQ correlations
