TRT vs VICI: Correlation
How closely do Trio-Tech International (TRT) and Vici Properties (VICI) trade together? Their weekly returns over three years give a correlation of -0.21, which is negative.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are TRT and VICI?
On 3 years of weekly data the TRT/VICI correlation comes out at -0.21, negative, meaning they tend to move in opposite directions. The link has loosened recently: the 1-year correlation (-0.33) runs below the 3-year figure (-0.21). The 5-year figure is -0.07, and annualized covariance runs at -409.3 %².
By 3-year correlation, VICI places #54 of the 104 assets tracked against TRT. Their recent paths diverged sharply: over the last 12 months TRT outperformed by 314.2 percentage points (+295.5% for TRT against -18.7% for VICI). One caveat on sizing: TRT is 6.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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.
TRT vs VICI: side by side
| TRT (Trio-Tech International) | VICI (Vici Properties) | |
|---|---|---|
| 1-year return | +295.5% | -18.7% |
| 5-year return | +365.8% | +9.9% |
| Volatility (ann.) | 107.4% | 18.0% |
| Beta vs S&P 500 | 0.18 | 0.35 |
| Max drawdown (3Y) | -54.6% | -19.1% |
| Market cap | – | $28.4B |
| P/E (trailing) | 209.6 | 10.1 |
| Dividend yield | 0.00% | 6.92% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | TRT | VICI |
|---|---|---|
| 2022 | -66.5% | +13.0% |
| 2023 | +12.7% | +3.6% |
| 2024 | +14.6% | -3.1% |
| 2025 | +127.9% | +1.9% |
| 2026 | +58.3% | -5.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are TRT and VICI good diversifiers for each other?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
FAQ
What is the correlation between TRT and VICI?
The TRT/VICI correlation stands at -0.21 on a 3-year window (1 year: -0.33, 5 years: -0.07), computed from weekly returns as of 2026-08-27.
Is VICI a good diversifier for TRT?
By historical standards, yes. A correlation of -0.21 means the two rarely move for the same reasons.
What does a correlation of -0.21 mean?
A reading of -0.21 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
$ curl https://www.pairbook.io/api/v1/pairs/trt-vs-vici.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/trt-vs-vici/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: TRT correlations · VICI correlations
