RFI vs WELL: Correlation
Measured on weekly returns over the past three years, Cohen & Steers Total Return Realty Fund, Inc. (RFI) and Welltower (WELL) carry a correlation of 0.59, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are RFI and WELL?
Across a 3-year window, the weekly returns of RFI and WELL correlate at 0.59, moderate. The relationship has been stable: the 1-year correlation (0.64) sits close to the 3-year figure. Stretching to 5 years gives 0.54, with an annualized covariance of 227.5 %².
Within RFI's tracked universe of 39 assets, WELL comes in at #22 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months WELL outperformed by 41.2 percentage points (+3.7% for RFI against +44.9% for WELL).
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 WELL: side by side
| RFI (Cohen & Steers Total Return Realty Fund, Inc.) | WELL (Welltower) | |
|---|---|---|
| 1-year return | +3.7% | +44.9% |
| 5-year return | +5.1% | +214.9% |
| Volatility (ann.) | 18.1% | 21.2% |
| Beta vs S&P 500 | 0.57 | 0.30 |
| Max drawdown (3Y) | -16.2% | -13.0% |
| Market cap | – | $172.6B |
| P/E (trailing) | 27.1 | 108.9 |
| Dividend yield | 8.41% | 1.27% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | RFI | WELL |
|---|---|---|
| 2022 | -22.1% | -21.2% |
| 2023 | +4.4% | +41.8% |
| 2024 | +6.6% | +43.1% |
| 2025 | +3.6% | +49.9% |
| 2026 | +8.9% | +30.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are RFI and WELL good diversifiers for each other?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between RFI and WELL?
The RFI/WELL correlation stands at 0.59 on a 3-year window (1 year: 0.64, 5 years: 0.54), computed from weekly returns as of 2026-08-27.
Is WELL a good diversifier for RFI?
Somewhat, no more. With 0.59 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.59 mean?
A reading of 0.59 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
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Related comparisons
Hubs: RFI correlations · WELL correlations
