PTC vs WHLR: Correlation
PTC Inc. (PTC) and Wheeler Real Estate Investment Trust, Inc. (WHLR) show a negative relationship: their 3-year correlation of weekly returns is -0.19.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PTC and WHLR?
On 3 years of weekly data the PTC/WHLR correlation comes out at -0.19, negative, meaning they tend to move in opposite directions. The relationship has been stable: the 1-year correlation (-0.26) sits close to the 3-year figure. The 5-year figure is -0.14, and annualized covariance runs at -2910.0 %².
Among the 32 assets we track against PTC, WHLR ranks #25 by 3-year correlation. The last year tells two different stories: PTC led by 73.4 percentage points, -26.6% for PTC against -100.0% for WHLR. Note the risk asymmetry: WHLR runs 18.9 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
PTC vs WHLR: side by side
| PTC (PTC Inc.) | WHLR (Wheeler Real Estate Investment Trust, Inc.) | |
|---|---|---|
| 1-year return | -26.6% | -100.0% |
| 5-year return | +20.0% | -100.0% |
| Volatility (ann.) | 28.8% | 545.0% |
| Beta vs S&P 500 | 1.02 | -5.84 |
| Max drawdown (3Y) | -48.1% | -100.0% |
| Market cap | $17.2B | – |
| P/E (trailing) | 14.7 | 0.0 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Information Technology | US Listed |
Year-by-year returns
| Year | PTC | WHLR |
|---|---|---|
| 2022 | -0.9% | -28.0% |
| 2023 | +45.8% | -98.4% |
| 2024 | +5.1% | -98.4% |
| 2025 | -5.3% | -100.0% |
| 2026 | -8.8% | -99.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PTC and WHLR good diversifiers for each other?
Yes. With a correlation of -0.19, PTC and WHLR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
FAQ
What is the correlation between PTC and WHLR?
As of 2026-08-27, the correlation of weekly returns between PTC and WHLR is -0.19 over 3 years, -0.26 over 1 year and -0.14 over 5 years.
Is WHLR a good diversifier for PTC?
Yes. With a correlation of -0.19, PTC and WHLR have moved largely independently, which makes them a genuinely diversifying pair by historical standards.
What does a correlation of -0.19 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: PTC correlations · WHLR correlations
