PSA vs VICI: Correlation
Measured on weekly returns over the past three years, Public Storage (PSA) and Vici Properties (VICI) carry a correlation of 0.66, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PSA and VICI?
On 3 years of weekly data the PSA/VICI correlation comes out at 0.66, strong. Little has changed lately, as the 1-year reading of 0.64 lands near the 3-year figure. The 5-year figure is 0.60, and annualized covariance runs at 275.2 %².
Within PSA's tracked universe of 33 assets, VICI comes in at #8 by 3-year correlation. The last year tells two different stories: PSA led by 30.0 percentage points, +11.3% for PSA against -18.7% for VICI. Stability stands out here, with the rolling one-year correlation confined to 0.51 through 0.72.
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.
PSA vs VICI: side by side
| PSA (Public Storage) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | +11.3% | -18.7% |
| 5-year return | +20.9% | +9.9% |
| Volatility (ann.) | 23.0% | 18.0% |
| Beta vs S&P 500 | 0.59 | 0.35 |
| Max drawdown (3Y) | -25.6% | -19.1% |
| Market cap | $58.1B | $28.4B |
| P/E (trailing) | 30.3 | 10.1 |
| Dividend yield | 3.78% | 6.92% |
| Sector / category | Real Estate | Real Estate |
Year-by-year returns
| Year | PSA | VICI |
|---|---|---|
| 2022 | -20.2% | +13.0% |
| 2023 | +13.6% | +3.6% |
| 2024 | +2.1% | -3.1% |
| 2025 | -9.7% | +1.9% |
| 2026 | +22.3% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PSA and VICI good diversifiers for each other?
To a limited degree. At 0.66 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 PSA and VICI?
As of 2026-08-27, the correlation of weekly returns between PSA and VICI is 0.66 over 3 years, 0.64 over 1 year and 0.60 over 5 years.
Is VICI a good diversifier for PSA?
To a limited degree. At 0.66 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 0.66 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/psa-vs-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/psa-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: PSA correlations · VICI correlations
