SUNS vs VGI: Correlation
Sunrise Realty Trust, Inc. (SUNS) and Virtus Global Multi-Sector Income Fund (VGI) show a moderate relationship: their 3-year correlation of weekly returns is 0.49.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are SUNS and VGI?
Across a 3-year window, the weekly returns of SUNS and VGI correlate at 0.49, moderate. The relationship has been stable: the 1-year correlation (0.40) sits close to the 3-year figure. Stretching to 5 years gives n/a, with an annualized covariance of 177.5 %².
Among the 19 assets we track against SUNS, VGI ranks #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months VGI outperformed by 26.9 percentage points (-23.1% for SUNS against +3.8% for VGI). Risk is not evenly split, since SUNS carries 3.9 times the volatility of the other side.
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.
SUNS vs VGI: side by side
| SUNS (Sunrise Realty Trust, Inc.) | VGI (Virtus Global Multi-Sector Income Fund) | |
|---|---|---|
| 1-year return | -23.1% | +3.8% |
| 5-year return | n/a | +11.9% |
| Volatility (ann.) | 40.6% | 10.3% |
| Beta vs S&P 500 | 0.99 | 0.38 |
| Max drawdown (3Y) | -44.3% | -11.3% |
| Market cap | $0.1B | $0.1B |
| P/E (trailing) | 7.9 | 7.8 |
| Dividend yield | 15.89% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | SUNS | VGI |
|---|---|---|
| 2022 | – | -22.3% |
| 2023 | – | +13.4% |
| 2024 | – | +10.4% |
| 2025 | -25.0% | +16.1% |
| 2026 | -13.9% | +1.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are SUNS and VGI good diversifiers for each other?
Reasonably. At 0.49, SUNS and VGI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between SUNS and VGI?
As of 2026-08-27, the correlation of weekly returns between SUNS and VGI is 0.49 over 3 years, 0.40 over 1 year and n/a over 5 years.
Is VGI a good diversifier for SUNS?
Reasonably. At 0.49, SUNS and VGI keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.49 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/suns-vs-vgi.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/suns-vs-vgi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: SUNS correlations · VGI correlations
