VICI vs WPC: Correlation
How closely do Vici Properties (VICI) and W. P. Carey Inc. REIT (WPC) trade together? Their weekly returns over three years give a correlation of 0.68, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VICI and WPC?
Over the past 3 years, VICI and WPC moved with a correlation of 0.68, which is strong. The relationship has been stable: the 1-year correlation (0.68) sits close to the 3-year figure. Over 5 years the correlation is 0.67, and the annualized covariance of weekly returns is 256.8 %².
By 3-year correlation, WPC places #11 of the 40 assets tracked against VICI. Correlation aside, the last 12 months split them widely, with WPC ahead by 29.9 points (-18.7% versus +11.2%).
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.
VICI vs WPC: side by side
| VICI (Vici Properties) | WPC (W. P. Carey Inc. REIT) | |
|---|---|---|
| 1-year return | -18.7% | +11.2% |
| 5-year return | +9.9% | +23.0% |
| Volatility (ann.) | 18.0% | 20.9% |
| Beta vs S&P 500 | 0.35 | 0.30 |
| Max drawdown (3Y) | -19.1% | -19.6% |
| Market cap | $28.4B | $16.0B |
| P/E (trailing) | 10.1 | 24.4 |
| Dividend yield | 6.92% | 5.20% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | VICI | WPC |
|---|---|---|
| 2022 | +13.0% | +0.5% |
| 2023 | +3.6% | -9.9% |
| 2024 | -3.1% | -10.6% |
| 2025 | +1.9% | +25.0% |
| 2026 | -5.3% | +12.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VICI and WPC good diversifiers for each other?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between VICI and WPC?
As of 2026-08-27, the correlation of weekly returns between VICI and WPC is 0.68 over 3 years, 0.68 over 1 year and 0.67 over 5 years.
Is WPC a good diversifier for VICI?
Somewhat, no more. With 0.68 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.68 mean?
On the −1 to +1 scale, 0.68 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/vici-vs-wpc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vici-vs-wpc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: VICI correlations · WPC correlations
