VTR vs WPC: Correlation
Ventas (VTR) and W. P. Carey Inc. REIT (WPC) show a moderate relationship: their 3-year correlation of weekly returns is 0.52.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are VTR and WPC?
Over the past 3 years, VTR and WPC moved with a correlation of 0.52, which is moderate. Little has changed lately, as the 1-year reading of 0.57 lands near the 3-year figure. Over 5 years the correlation is 0.53, and the annualized covariance of weekly returns is 235.5 %².
By 3-year correlation, WPC places #16 of the 31 assets tracked against VTR. The last year tells two different stories: VTR led by 29.2 percentage points, +40.4% for VTR against +11.2% for WPC.
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.
VTR vs WPC: side by side
| VTR (Ventas) | WPC (W. P. Carey Inc. REIT) | |
|---|---|---|
| 1-year return | +40.4% | +11.2% |
| 5-year return | +98.1% | +23.0% |
| Volatility (ann.) | 21.5% | 20.9% |
| Beta vs S&P 500 | 0.25 | 0.30 |
| Max drawdown (3Y) | -16.7% | -19.6% |
| Market cap | $47.6B | $16.0B |
| P/E (trailing) | 168.9 | 24.4 |
| Dividend yield | 2.14% | 5.20% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | VTR | WPC |
|---|---|---|
| 2022 | -8.5% | +0.5% |
| 2023 | +15.1% | -9.9% |
| 2024 | +22.2% | -10.6% |
| 2025 | +35.1% | +25.0% |
| 2026 | +21.5% | +12.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are VTR and WPC good diversifiers for each other?
To a limited degree. At 0.52 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 VTR and WPC?
As of 2026-08-27, the correlation of weekly returns between VTR and WPC is 0.52 over 3 years, 0.57 over 1 year and 0.53 over 5 years.
Is WPC a good diversifier for VTR?
To a limited degree. At 0.52 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 0.52 mean?
On the −1 to +1 scale, 0.52 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/vtr-vs-wpc.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/vtr-vs-wpc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: VTR correlations · WPC correlations
