RFI vs RMD: Correlation
Measured on weekly returns over the past three years, Cohen & Steers Total Return Realty Fund, Inc. (RFI) and ResMed (RMD) carry a correlation of 0.43, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RFI and RMD?
Across a 3-year window, the weekly returns of RFI and RMD correlate at 0.43, moderate. The link has loosened recently: the 1-year correlation (0.23) runs below the 3-year figure (0.43). Stretching to 5 years gives 0.44, with an annualized covariance of 243.5 %².
Within RFI's tracked universe of 39 assets, RMD comes in at #31 by 3-year correlation. The last year tells two different stories: RFI led by 19.2 percentage points, +3.7% for RFI against -15.5% for RMD. Risk is not evenly split, since RMD carries 1.7 times the volatility of the other side.
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.
RFI vs RMD: side by side
| RFI (Cohen & Steers Total Return Realty Fund, Inc.) | RMD (ResMed) | |
|---|---|---|
| 1-year return | +3.7% | -15.5% |
| 5-year return | +5.1% | -14.6% |
| Volatility (ann.) | 18.1% | 31.2% |
| Beta vs S&P 500 | 0.57 | 0.79 |
| Max drawdown (3Y) | -16.2% | -37.3% |
| Market cap | – | $34.0B |
| P/E (trailing) | 27.1 | 22.6 |
| Dividend yield | 8.41% | 1.02% |
| Sector / category | US Listed | Health Care |
Year-by-year returns
| Year | RFI | RMD |
|---|---|---|
| 2022 | -22.1% | -19.5% |
| 2023 | +4.4% | -16.5% |
| 2024 | +6.6% | +34.2% |
| 2025 | +3.6% | +6.3% |
| 2026 | +8.9% | -1.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RFI and RMD good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between RFI and RMD?
The RFI/RMD correlation stands at 0.43 on a 3-year window (1 year: 0.23, 5 years: 0.44), computed from weekly returns as of 2026-08-27.
Is RMD a good diversifier for RFI?
Yes, to a useful degree: a correlation of 0.43 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.43 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/rfi-vs-rmd.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rfi-vs-rmd/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: RFI correlations · RMD correlations
