NXRT vs VMRK: Correlation
How closely do NexPoint Residential Trust, Inc. (NXRT) and Vivmark Residential (VMRK) 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 NXRT and VMRK?
Across a 3-year window, the weekly returns of NXRT and VMRK correlate at 0.73, strong. The past 12 months show a weaker link (0.62) than the 3-year average (0.73). Stretching to 5 years gives 0.71, with an annualized covariance of 417.5 %².
Within NXRT's tracked universe of 17 assets, VMRK comes in at #6 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VMRK outperformed by 30.0 percentage points (-24.9% for NXRT against +5.1% for VMRK).
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.
NXRT vs VMRK: side by side
| NXRT (NexPoint Residential Trust, Inc.) | VMRK (Vivmark Residential) | |
|---|---|---|
| 1-year return | -24.9% | +5.1% |
| 5-year return | -54.1% | -5.5% |
| Volatility (ann.) | 29.2% | 19.7% |
| Beta vs S&P 500 | 0.83 | 0.57 |
| Max drawdown (3Y) | -45.0% | -21.2% |
| Market cap | $1.2B | $26.1B |
| P/E (trailing) | – | 25.7 |
| Dividend yield | 8.67% | 0.00% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | NXRT | VMRK |
|---|---|---|
| 2022 | -46.7% | -32.5% |
| 2023 | -17.3% | +8.3% |
| 2024 | +27.3% | +20.8% |
| 2025 | -23.3% | -8.6% |
| 2026 | -18.8% | +7.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are NXRT and VMRK good diversifiers for each other?
Somewhat, no more. With 0.73 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between NXRT and VMRK?
Using weekly returns as of 2026-08-27: 0.73 over 3 years, with 0.62 over the last year and 0.71 over 5 years.
Is VMRK a good diversifier for NXRT?
Somewhat, no more. With 0.73 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.73 mean?
A reading of 0.73 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/nxrt-vs-vmrk.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/nxrt-vs-vmrk/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: NXRT correlations · VMRK correlations
