STWD vs VICI: Correlation
How closely do STARWOOD PROPERTY TRUST, INC. Starwood Property Trust Inc. (STWD) and Vici Properties (VICI) trade together? Their weekly returns over three years give a correlation of 0.66, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are STWD and VICI?
On 3 years of weekly data the STWD/VICI correlation comes out at 0.66, strong. The relationship has been stable: the 1-year correlation (0.60) sits close to the 3-year figure. The 5-year figure is 0.66, and annualized covariance runs at 229.4 %².
Among the 26 assets we track against STWD, VICI ranks #11 by 3-year correlation. Over the last 12 months STWD came out ahead by 6.9 percentage points (-11.8% against -18.7%).
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.
STWD vs VICI: side by side
| STWD (STARWOOD PROPERTY TRUST, INC. Starwood Property Trust Inc.) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | -11.8% | -18.7% |
| 5-year return | +0.5% | +9.9% |
| Volatility (ann.) | 19.3% | 18.0% |
| Beta vs S&P 500 | 0.65 | 0.35 |
| Max drawdown (3Y) | -15.8% | -19.1% |
| Market cap | $6.1B | $28.4B |
| P/E (trailing) | 27.0 | 10.1 |
| Dividend yield | 12.07% | 6.92% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | STWD | VICI |
|---|---|---|
| 2022 | -17.3% | +13.0% |
| 2023 | +26.7% | +3.6% |
| 2024 | -0.6% | -3.1% |
| 2025 | +4.9% | +1.9% |
| 2026 | -6.3% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are STWD and VICI good diversifiers for each other?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between STWD and VICI?
As of 2026-08-27, the correlation of weekly returns between STWD and VICI is 0.66 over 3 years, 0.60 over 1 year and 0.66 over 5 years.
Is VICI a good diversifier for STWD?
To a limited degree. At 0.66 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.66 mean?
On the −1 to +1 scale, 0.66 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/stwd-vs-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/stwd-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: STWD correlations · VICI correlations
