OLP vs PSTL: Correlation
One Liberty Properties, Inc. (OLP) and Postal Realty Trust, Inc. (PSTL) show a strong relationship: their 3-year correlation of weekly returns is 0.62.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are OLP and PSTL?
On 3 years of weekly data the OLP/PSTL correlation comes out at 0.62, strong. Little has changed lately, as the 1-year reading of 0.65 lands near the 3-year figure. The 5-year figure is 0.58, and annualized covariance runs at 294.2 %².
Among the 28 assets we track against OLP, PSTL ranks #11 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PSTL outperformed by 44.8 percentage points (+13.0% for OLP against +57.8% for PSTL).
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.
OLP vs PSTL: side by side
| OLP (One Liberty Properties, Inc.) | PSTL (Postal Realty Trust, Inc.) | |
|---|---|---|
| 1-year return | +13.0% | +57.8% |
| 5-year return | +11.9% | +61.4% |
| Volatility (ann.) | 21.5% | 22.1% |
| Beta vs S&P 500 | 0.49 | 0.31 |
| Max drawdown (3Y) | -28.8% | -13.6% |
| Market cap | $0.5B | $0.9B |
| P/E (trailing) | 15.3 | 44.1 |
| Dividend yield | 7.44% | 4.11% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | OLP | PSTL |
|---|---|---|
| 2022 | -32.3% | -22.4% |
| 2023 | +7.6% | +6.9% |
| 2024 | +33.5% | -4.1% |
| 2025 | -19.6% | +32.7% |
| 2026 | +23.7% | +50.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are OLP and PSTL good diversifiers for each other?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between OLP and PSTL?
The OLP/PSTL correlation stands at 0.62 on a 3-year window (1 year: 0.65, 5 years: 0.58), computed from weekly returns as of 2026-08-27.
Is PSTL a good diversifier for OLP?
Somewhat, no more. With 0.62 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.62 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: OLP correlations · PSTL correlations
