SRG vs SUNS: Correlation
Measured on weekly returns over the past three years, Seritage Growth Properties (SRG) and Sunrise Realty Trust, Inc. (SUNS) carry a correlation of 0.42, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SRG and SUNS?
On 3 years of weekly data the SRG/SUNS correlation comes out at 0.42, moderate. Lately the two have drifted apart, with the 1-year correlation at 0.31 versus 0.42 over 3 years. The 5-year figure is n/a, and annualized covariance runs at 665.3 %².
Few assets follow SRG as closely as SUNS, which ranks #1 of 11 tracked partners. Correlation aside, the last 12 months split them widely, with SUNS ahead by 19.8 points (-42.9% versus -23.1%).
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.
SRG vs SUNS: side by side
| SRG (Seritage Growth Properties) | SUNS (Sunrise Realty Trust, Inc.) | |
|---|---|---|
| 1-year return | -42.9% | -23.1% |
| 5-year return | -86.6% | n/a |
| Volatility (ann.) | 42.5% | 40.6% |
| Beta vs S&P 500 | 0.81 | 0.99 |
| Max drawdown (3Y) | -79.0% | -44.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | – | 7.9 |
| Dividend yield | 0.00% | 15.89% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SRG | SUNS |
|---|---|---|
| 2022 | -10.9% | – |
| 2023 | -21.0% | – |
| 2024 | -55.9% | – |
| 2025 | -21.1% | -25.0% |
| 2026 | -36.0% | -13.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SRG and SUNS good diversifiers for each other?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between SRG and SUNS?
The SRG/SUNS correlation stands at 0.42 on a 3-year window (1 year: 0.31, 5 years: n/a), computed from weekly returns as of 2026-08-27.
Is SUNS a good diversifier for SRG?
A fair diversifier. At 0.42, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.42 mean?
On the −1 to +1 scale, 0.42 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
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Related comparisons
Hubs: SRG correlations · SUNS correlations
