RFI vs TMUS: Correlation
Cohen & Steers Total Return Realty Fund, Inc. (RFI) and T-Mobile US (TMUS) show a moderate relationship: their 3-year correlation of weekly returns is 0.39.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RFI and TMUS?
Across a 3-year window, the weekly returns of RFI and TMUS correlate at 0.39, moderate. The link has loosened recently: the 1-year correlation (0.29) runs below the 3-year figure (0.39). Stretching to 5 years gives 0.43, with an annualized covariance of 172.9 %².
Among the 39 assets we track against RFI, TMUS ranks #34 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months RFI outperformed by 31.7 percentage points (+3.7% for RFI against -28.0% for TMUS).
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 TMUS: side by side
| RFI (Cohen & Steers Total Return Realty Fund, Inc.) | TMUS (T-Mobile US) | |
|---|---|---|
| 1-year return | +3.7% | -28.0% |
| 5-year return | +5.1% | +34.8% |
| Volatility (ann.) | 18.1% | 24.6% |
| Beta vs S&P 500 | 0.57 | 0.36 |
| Max drawdown (3Y) | -16.2% | -37.1% |
| Market cap | – | $190.7B |
| P/E (trailing) | 27.1 | 18.8 |
| Dividend yield | 8.41% | 2.27% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | RFI | TMUS |
|---|---|---|
| 2022 | -22.1% | +20.7% |
| 2023 | +4.4% | +15.0% |
| 2024 | +6.6% | +39.7% |
| 2025 | +3.6% | -6.6% |
| 2026 | +8.9% | -11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RFI and TMUS good diversifiers for each other?
Reasonably. At 0.39, RFI and TMUS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between RFI and TMUS?
As of 2026-08-27, the correlation of weekly returns between RFI and TMUS is 0.39 over 3 years, 0.29 over 1 year and 0.43 over 5 years.
Is TMUS a good diversifier for RFI?
Reasonably. At 0.39, RFI and TMUS keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.39 mean?
On the −1 to +1 scale, 0.39 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/rfi-vs-tmus.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/rfi-vs-tmus/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: RFI correlations · TMUS correlations
