PLD vs VTR: Correlation
How closely do Prologis (PLD) and Ventas (VTR) trade together? Their weekly returns over three years give a correlation of 0.50, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PLD and VTR?
On 3 years of weekly data the PLD/VTR correlation comes out at 0.50, moderate. Little has changed lately, as the 1-year reading of 0.42 lands near the 3-year figure. The 5-year figure is 0.47, and annualized covariance runs at 279.8 %².
Within PLD's tracked universe of 40 assets, VTR comes in at #27 by 3-year correlation. The trailing year gives VTR the advantage: +30.0% versus +40.4%, a 10.4-point spread. The rolling one-year correlation moved between 0.34 and 0.68 over the past three years, a moderate range.
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.
PLD vs VTR: side by side
| PLD (Prologis) | VTR (Ventas) | |
|---|---|---|
| 1-year return | +30.0% | +40.4% |
| 5-year return | +22.5% | +98.1% |
| Volatility (ann.) | 25.8% | 21.5% |
| Beta vs S&P 500 | 0.90 | 0.25 |
| Max drawdown (3Y) | -31.4% | -16.7% |
| Market cap | $137.9B | $47.6B |
| P/E (trailing) | 31.7 | 168.9 |
| Dividend yield | 2.92% | 2.14% |
| Sector / category | Real Estate | Real Estate |
Year-by-year returns
| Year | PLD | VTR |
|---|---|---|
| 2022 | -31.3% | -8.5% |
| 2023 | +21.6% | +15.1% |
| 2024 | -18.1% | +22.2% |
| 2025 | +25.1% | +35.1% |
| 2026 | +12.8% | +21.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PLD and VTR good diversifiers for each other?
To a limited degree. At 0.50 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 PLD and VTR?
As of 2026-08-27, the correlation of weekly returns between PLD and VTR is 0.50 over 3 years, 0.42 over 1 year and 0.47 over 5 years.
Is VTR a good diversifier for PLD?
To a limited degree. At 0.50 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 0.50 mean?
On the −1 to +1 scale, 0.50 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.
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Related comparisons
Hubs: PLD correlations · VTR correlations
