REG vs VICI: Correlation
How closely do Regency Centers (REG) and Vici Properties (VICI) trade together? Their weekly returns over three years give a correlation of 0.64, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are REG and VICI?
Over the past 3 years, REG and VICI moved with a correlation of 0.64, which is strong. The relationship has been stable: the 1-year correlation (0.62) sits close to the 3-year figure. Over 5 years the correlation is 0.67, and the annualized covariance of weekly returns is 205.2 %².
Within REG's tracked universe of 41 assets, VICI comes in at #20 by 3-year correlation. The last year tells two different stories: REG led by 27.1 percentage points, +8.4% for REG against -18.7% for VICI. On a rolling one-year basis the correlation drifted between 0.50 and 0.83, a moderate band.
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.
REG vs VICI: side by side
| REG (Regency Centers) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | +8.4% | -18.7% |
| 5-year return | +35.2% | +9.9% |
| Volatility (ann.) | 17.8% | 18.0% |
| Beta vs S&P 500 | 0.34 | 0.35 |
| Max drawdown (3Y) | -15.1% | -19.1% |
| Market cap | $14.1B | $28.4B |
| P/E (trailing) | 25.5 | 10.1 |
| Dividend yield | 3.89% | 6.92% |
| Sector / category | Real Estate | Real Estate |
Year-by-year returns
| Year | REG | VICI |
|---|---|---|
| 2022 | -13.6% | +13.0% |
| 2023 | +11.9% | +3.6% |
| 2024 | +14.9% | -3.1% |
| 2025 | -2.8% | +1.9% |
| 2026 | +11.4% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are REG and VICI good diversifiers for each other?
Only partially. A correlation of 0.64 means REG and VICI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between REG and VICI?
The REG/VICI correlation stands at 0.64 on a 3-year window (1 year: 0.62, 5 years: 0.67), computed from weekly returns as of 2026-08-27.
Is VICI a good diversifier for REG?
Only partially. A correlation of 0.64 means REG and VICI share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.64 mean?
On the −1 to +1 scale, 0.64 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/reg-vs-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/reg-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: REG correlations · VICI correlations
