REXR vs STAG: Correlation
How closely do Rexford Industrial Realty, Inc. (REXR) and Stag Industrial, Inc. (STAG) trade together? Their weekly returns over three years give a correlation of 0.74, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are REXR and STAG?
On 3 years of weekly data the REXR/STAG correlation comes out at 0.74, strong. Little has changed lately, as the 1-year reading of 0.71 lands near the 3-year figure. The 5-year figure is 0.78, and annualized covariance runs at 396.4 %².
Among the 13 assets we track against REXR, STAG ranks #5 by 3-year correlation. The trailing year gives STAG the advantage: -6.8% versus +4.1%, a 10.9-point spread.
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.
REXR vs STAG: side by side
| REXR (Rexford Industrial Realty, Inc.) | STAG (Stag Industrial, Inc.) | |
|---|---|---|
| 1-year return | -6.8% | +4.1% |
| 5-year return | -29.5% | +6.2% |
| Volatility (ann.) | 25.9% | 20.8% |
| Beta vs S&P 500 | 0.83 | 0.55 |
| Max drawdown (3Y) | -41.9% | -24.6% |
| Market cap | $8.5B | $7.3B |
| P/E (trailing) | – | 28.5 |
| Dividend yield | 4.64% | 4.08% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | REXR | STAG |
|---|---|---|
| 2022 | -31.2% | -29.6% |
| 2023 | +5.6% | +26.8% |
| 2024 | -28.5% | -10.3% |
| 2025 | +4.7% | +13.3% |
| 2026 | -1.6% | +3.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are REXR and STAG good diversifiers for each other?
To a limited degree. At 0.74 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 REXR and STAG?
The REXR/STAG correlation stands at 0.74 on a 3-year window (1 year: 0.71, 5 years: 0.78), computed from weekly returns as of 2026-08-27.
Is STAG a good diversifier for REXR?
To a limited degree. At 0.74 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 0.74 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/rexr-vs-stag.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/rexr-vs-stag/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: REXR correlations · STAG correlations
