SBAC correlations (SBA Communications)
Which assets move with SBAC and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Real Estate · Telecom Tower REITs
Volatility (ann.)
30.1%
3y weekly
Beta vs S&P 500
0.42
3y weekly
1-year return
-7.9%
price, adjusted
5-year return
-43.3%
price, adjusted
Market cap
$19.8B
latest
P/E ratio
20.0
trailing
Dividend yield
2.54%
trailing
Max drawdown
-32.2%
3y, daily closes
SBAC over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with SBAC
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| CCI | Crown Castle | 0.76 | |
| AMT | American Tower | 0.76 | |
| XLRE | Real Estate Select Sector SPDR Fund | 0.64 | |
| VNQ | Vanguard Real Estate ETF | 0.61 | |
| RFI | Cohen & Steers Total Return Realty Fund, Inc. | 0.61 | |
| RQI | Cohen & Steers Quality Income Realty Fund Inc | 0.60 | |
| ADC | Agree Realty Corporation | 0.56 | |
| VICI | Vici Properties | 0.56 | |
| MEGI | NYLI CBRE Global Infrastructure Megatrends Term Fund | 0.54 | |
| CUBE | CubeSmart | 0.54 | |
| NNN | NNN REIT, Inc. | 0.54 | |
| AVA | Avista Corporation | 0.53 | |
| PSA | Public Storage | 0.53 | |
| IGR | CBRE Global Real Estate Income Fund | 0.52 | |
| PGZ | Principal Real Estate Income Fund | 0.52 |
Best diversifiers for SBAC
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from SBAC.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| AIIO | Robo.ai Inc. - Class B | -0.22 | |
| DAIO | Data I/O Corporation | -0.19 | |
| NRT | North European Oil Royality Trust | -0.19 | |
| DGZ | DB Gold Short ETN due February 15, 2038 | -0.18 | |
| MTEX | Mannatech, Incorporated | -0.18 | |
| FTLF | FitLife Brands, Inc. | -0.17 | |
| ELMD | Electromed, Inc. | -0.17 | |
| ASBP | Aspire Biopharma Holdings, Inc. | -0.17 | |
| SHMD | SCHMID Group N.V. - Class A | -0.17 | |
| HQY | HealthEquity, Inc. | -0.16 |
SBAC vs benchmarks
SBAC vs its peers
Get SBAC data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/sbac.jsonCorrelations, diversifiers, beta and volatility for SBAC, plus one endpoint per pair. API documentation.
