STAG vs VNQ: Correlation
Measured on weekly returns over the past three years, Stag Industrial, Inc. (STAG) and Vanguard Real Estate ETF (VNQ) carry a correlation of 0.77, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STAG and VNQ?
On 3 years of weekly data the STAG/VNQ correlation comes out at 0.77, strong. Little has changed lately, as the 1-year reading of 0.68 lands near the 3-year figure. The 5-year figure is 0.82, and annualized covariance runs at 266.2 %².
Within STAG's tracked universe of 16 assets, VNQ comes in at #5 by 3-year correlation. Over the last 12 months VNQ came out ahead by 6.2 percentage points (+4.1% against +10.3%).
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.
STAG vs VNQ: side by side
| STAG (Stag Industrial, Inc.) | VNQ (Vanguard Real Estate ETF) | |
|---|---|---|
| 1-year return | +4.1% | +10.3% |
| 5-year return | +6.2% | +9.5% |
| Volatility (ann.) | 20.8% | 16.6% |
| Beta vs S&P 500 | 0.55 | 0.59 |
| Max drawdown (3Y) | -24.6% | -17.5% |
| Market cap | $7.3B | – |
| P/E (trailing) | 28.5 | – |
| Dividend yield | 4.08% | 3.51% |
| Expense ratio | – | 0.13% |
| Assets under management | – | $73.1B |
| Sector / category | US Listed | ETF · Real Estate |
VNQ is a Real Estate fund from Vanguard: $73.1B under management, 140 holdings, a 0.13% expense ratio, a 3.51% trailing dividend yield.
Year-by-year returns
| Year | STAG | VNQ |
|---|---|---|
| 2022 | -29.6% | -26.3% |
| 2023 | +26.8% | +11.9% |
| 2024 | -10.3% | +4.8% |
| 2025 | +13.3% | +3.2% |
| 2026 | +3.0% | +12.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Fund exposure
STAG represents 0.38% of VNQ's portfolio, so part of any move in VNQ is STAG itself, and the correlation between them is partly mechanical.
Are STAG and VNQ good diversifiers for each other?
Somewhat, no more. With 0.77 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between STAG and VNQ?
The STAG/VNQ correlation stands at 0.77 on a 3-year window (1 year: 0.68, 5 years: 0.82), computed from weekly returns as of 2026-08-27.
Is VNQ a good diversifier for STAG?
Somewhat, no more. With 0.77 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.77 mean?
On the −1 to +1 scale, 0.77 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/stag-vs-vnq.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/stag-vs-vnq/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: STAG correlations · VNQ correlations
