REIT/BDC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification
REIT/BDC
Last updated Dec 19, 2024
Asset Allocation
Quarterly
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in REIT/BDC, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
REIT/BDC
Benchmark (^GSPC)
Portfolio components
The earliest data available for this chart is Sep 17, 2020, corresponding to the inception date of BNL
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 24.66% | 0.49% | 8.64% | 26.56% | 13.06% | 11.10% |
| REIT/BDC | 1.35% | -5.35% | 3.69% | 2.19% | N/A | N/A |
| Portfolio components: | ||||||
REXR Rexford Industrial Realty, Inc. | -29.98% | -10.36% | -12.52% | -28.87% | -0.96% | 11.84% |
LTC LTC Properties, Inc. | 15.18% | -8.83% | 5.38% | 13.66% | 1.30% | 3.46% |
VICI | -3.85% | -8.51% | 5.94% | -2.44% | N/A | N/A |
O Realty Income Corporation | -5.13% | -8.59% | 0.05% | -3.94% | -1.31% | 5.52% |
ARE Alexandria Real Estate Equities, Inc. | -20.73% | -6.73% | -14.67% | -21.26% | -6.39% | 4.05% |
HIW Highwoods Properties, Inc. | 37.45% | -7.09% | 16.79% | 38.17% | -3.35% | 1.00% |
ARCC Ares Capital Corporation | 15.62% | -0.87% | 7.45% | 18.03% | 12.90% | 13.36% |
NSA National Storage Affiliates Trust | -5.34% | -14.10% | -9.69% | -3.71% | 7.52% | N/A |
BRSP BrightSpire Capital, Inc. | -13.00% | -4.07% | 6.70% | -14.64% | -7.86% | N/A |
ADC Agree Realty Corporation | 15.10% | -9.54% | 15.32% | 16.53% | 4.54% | 12.98% |
XLRE | 4.45% | -6.02% | 8.00% | 5.74% | N/A | N/A |
IIPR Innovative Industrial Properties, Inc. | -0.66% | -9.46% | -8.67% | 2.30% | 12.24% | N/A |
FRT Federal Realty Investment Trust | 9.67% | -3.18% | 10.33% | 9.33% | 1.20% | 1.32% |
SAFE | -11.18% | -0.78% | 8.70% | -7.13% | N/A | N/A |
BXMT Blackstone Mortgage Trust, Inc. | -8.69% | -4.47% | 4.38% | -12.51% | -4.94% | 3.96% |
HR Healthcare Realty Trust Incorporated | 4.84% | -4.90% | 7.77% | 6.25% | -0.79% | 5.13% |
MPW Medical Properties Trust, Inc. | -15.80% | -9.99% | -18.79% | -16.31% | -23.05% | -5.54% |
BXP Boston Properties, Inc. | 9.26% | -7.83% | 22.67% | 9.10% | -7.19% | -2.05% |
BDN Brandywine Realty Trust | 11.69% | -0.93% | 24.99% | 14.01% | -11.45% | -4.00% |
FSK FS KKR Capital Corp. | 22.82% | 1.99% | 17.10% | 23.38% | 12.11% | 6.22% |
BNL Broadstone Net Lease, Inc. | -2.88% | -6.92% | 4.32% | -1.39% | N/A | N/A |
WPC | -11.90% | -3.59% | 1.98% | -11.04% | N/A | N/A |
NMFC New Mountain Finance Corporation | -4.40% | -0.23% | -3.51% | -5.22% | 6.08% | 7.51% |
HTGC Hercules Capital, Inc. | 24.10% | 1.06% | 0.10% | 27.30% | 18.16% | 13.69% |
*Annualized
Monthly Returns
The table below presents the monthly returns of REIT/BDC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.42% | -1.13% | 4.01% | -3.57% | 3.42% | 0.75% | 7.49% | 2.95% | 3.29% | -4.27% | 1.46% | 1.35% | |
| 2023 | 9.06% | -4.37% | -6.31% | -1.83% | -2.84% | 5.32% | 5.62% | -2.92% | -6.73% | -5.69% | 10.37% | 10.97% | 8.44% |
| 2022 | -4.70% | -1.85% | 4.95% | -6.22% | -2.46% | -6.82% | 9.70% | -6.04% | -13.61% | 8.60% | 2.95% | -5.22% | -21.06% |
| 2021 | -1.29% | 5.25% | 3.49% | 6.89% | 0.76% | 2.07% | 5.03% | 2.07% | -4.65% | 7.20% | -2.73% | 7.05% | 34.87% |
| 2020 | -2.72% | -3.24% | 16.86% | 5.00% | 15.50% |
Expense Ratio
REIT/BDC has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
The portfolio doesn't hold funds that charge fees
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of REIT/BDC is 4, meaning it’s performing worse than 96% of other portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Overall Rank
Sharpe Ratio Rank
Sortino Ratio Rank
Omega Ratio Rank
Calmar Ratio Rank
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Portfolio components
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
REXR Rexford Industrial Realty, Inc. | -1.10 | -1.49 | 0.82 | -0.55 | -1.74 |
LTC LTC Properties, Inc. | 0.70 | 1.04 | 1.14 | 0.49 | 3.66 |
VICI | -0.08 | 0.02 | 1.00 | -0.09 | -0.19 |
O Realty Income Corporation | -0.20 | -0.16 | 0.98 | -0.14 | -0.43 |
ARE Alexandria Real Estate Equities, Inc. | -0.76 | -0.98 | 0.89 | -0.38 | -2.09 |
HIW Highwoods Properties, Inc. | 1.31 | 1.88 | 1.23 | 0.79 | 6.70 |
ARCC Ares Capital Corporation | 1.60 | 2.24 | 1.29 | 2.65 | 10.93 |
NSA National Storage Affiliates Trust | -0.11 | 0.03 | 1.00 | -0.07 | -0.28 |
BRSP BrightSpire Capital, Inc. | -0.34 | -0.30 | 0.96 | -0.36 | -0.73 |
ADC Agree Realty Corporation | 0.99 | 1.47 | 1.18 | 0.66 | 3.12 |
XLRE | 0.41 | 0.65 | 1.08 | 0.26 | 1.49 |
IIPR Innovative Industrial Properties, Inc. | 0.13 | 0.37 | 1.05 | 0.06 | 0.40 |
FRT Federal Realty Investment Trust | 0.60 | 0.93 | 1.12 | 0.45 | 3.48 |
SAFE | -0.15 | 0.03 | 1.00 | -0.07 | -0.35 |
BXMT Blackstone Mortgage Trust, Inc. | -0.37 | -0.31 | 0.96 | -0.30 | -0.85 |
HR Healthcare Realty Trust Incorporated | 0.22 | 0.48 | 1.06 | 0.12 | 0.55 |
MPW Medical Properties Trust, Inc. | -0.21 | 0.19 | 1.02 | -0.17 | -0.67 |
BXP Boston Properties, Inc. | 0.32 | 0.64 | 1.08 | 0.19 | 1.01 |
BDN Brandywine Realty Trust | 0.42 | 0.79 | 1.11 | 0.24 | 1.10 |
FSK FS KKR Capital Corp. | 1.64 | 2.11 | 1.31 | 2.20 | 7.11 |
BNL Broadstone Net Lease, Inc. | -0.01 | 0.13 | 1.02 | -0.01 | -0.02 |
WPC | -0.47 | -0.53 | 0.94 | -0.31 | -0.81 |
NMFC New Mountain Finance Corporation | -0.43 | -0.53 | 0.94 | -0.37 | -1.30 |
HTGC Hercules Capital, Inc. | 1.26 | 1.59 | 1.27 | 1.52 | 4.58 |
REIT/BDC
Benchmark (^GSPC)
Portfolio components
Dividends
Dividend yield
REIT/BDC provided a 7.39% dividend yield over the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 7.39% | 7.64% | 8.53% | 5.18% | 6.01% | 5.51% | 6.17% | 4.79% | 4.61% | 5.03% | 38,979.87% | 71,142.01% |
| Portfolio components: | ||||||||||||
REXR Rexford Industrial Realty, Inc. | 4.27% | 2.71% | 2.31% | 1.18% | 1.75% | 1.62% | 2.17% | 1.99% | 2.33% | 3.12% | 3.06% | 1.59% |
LTC LTC Properties, Inc. | 6.00% | 7.10% | 6.42% | 6.68% | 5.86% | 5.09% | 5.47% | 5.24% | 4.66% | 4.80% | 4.73% | 5.38% |
VICI | 5.85% | 5.05% | 4.63% | 4.58% | 4.93% | 4.59% | 5.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
O Realty Income Corporation | 6.04% | 5.33% | 4.69% | 3.88% | 4.51% | 3.69% | 4.19% | 4.45% | 4.19% | 4.42% | 4.59% | 5.84% |
ARE Alexandria Real Estate Equities, Inc. | 5.28% | 3.91% | 3.24% | 2.01% | 2.38% | 2.48% | 3.24% | 2.64% | 2.91% | 3.38% | 3.25% | 4.10% |
HIW Highwoods Properties, Inc. | 6.81% | 8.71% | 7.15% | 4.40% | 4.84% | 3.88% | 4.79% | 3.46% | 4.90% | 3.90% | 3.84% | 4.70% |
ARCC Ares Capital Corporation | 9.09% | 9.59% | 10.12% | 7.65% | 9.47% | 9.01% | 9.88% | 9.67% | 9.22% | 11.02% | 10.06% | 8.84% |
NSA National Storage Affiliates Trust | 6.05% | 5.38% | 5.95% | 2.30% | 3.75% | 3.78% | 4.38% | 3.82% | 3.99% | 3.15% | 0.00% | 0.00% |
BRSP BrightSpire Capital, Inc. | 12.88% | 10.75% | 12.68% | 5.65% | 4.00% | 12.54% | 10.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ADC Agree Realty Corporation | 4.31% | 4.64% | 3.95% | 3.65% | 3.61% | 3.25% | 3.65% | 3.94% | 4.17% | 5.43% | 5.60% | 5.65% |
XLRE | 2.35% | 3.31% | 3.70% | 2.61% | 3.15% | 3.06% | 3.78% | 3.25% | 4.22% | 1.09% | 0.00% | 0.00% |
IIPR Innovative Industrial Properties, Inc. | 7.80% | 7.16% | 7.01% | 2.18% | 2.44% | 3.73% | 2.64% | 1.70% | 0.00% | 0.00% | 0.00% | 0.00% |
FRT Federal Realty Investment Trust | 3.99% | 4.21% | 4.26% | 3.12% | 4.96% | 3.22% | 3.42% | 2.98% | 2.70% | 2.48% | 2.47% | 2.98% |
SAFE | 3.49% | 5.03% | 8.43% | 5.05% | 8.27% | 7.04% | 6.63% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% |
BXMT Blackstone Mortgage Trust, Inc. | 13.14% | 11.66% | 11.71% | 8.10% | 9.01% | 6.66% | 7.78% | 7.71% | 8.25% | 8.52% | 6.79% | 2.65% |
HR Healthcare Realty Trust Incorporated | 7.43% | 7.20% | 36.51% | 7.44% | 4.36% | 8.09% | 9.60% | 8.02% | 8.21% | 8.79% | 1,113,586.82% | 2,032,520.32% |
MPW Medical Properties Trust, Inc. | 12.23% | 17.92% | 10.41% | 4.74% | 4.96% | 4.83% | 6.22% | 6.97% | 7.40% | 7.65% | 6.10% | 6.63% |
BXP Boston Properties, Inc. | 5.35% | 5.59% | 5.80% | 3.40% | 4.15% | 2.78% | 3.11% | 2.35% | 2.15% | 3.02% | 5.52% | 4.83% |
BDN Brandywine Realty Trust | 11.24% | 13.33% | 12.36% | 5.66% | 6.38% | 4.83% | 5.59% | 3.52% | 3.76% | 4.39% | 3.75% | 4.26% |
FSK FS KKR Capital Corp. | 13.67% | 15.02% | 15.20% | 11.80% | 15.46% | 12.40% | 16.41% | 11.69% | 8.66% | 9.92% | 8.91% | 0.00% |
BNL Broadstone Net Lease, Inc. | 7.25% | 6.50% | 6.66% | 4.13% | 7.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WPC | 6.36% | 6.17% | 5.43% | 5.13% | 5.91% | 5.17% | 6.26% | 5.82% | 6.65% | 6.49% | 5.26% | 5.71% |
NMFC New Mountain Finance Corporation | 9.12% | 11.71% | 9.86% | 8.76% | 10.92% | 9.90% | 10.81% | 10.04% | 9.65% | 10.45% | 9.91% | 9.84% |
HTGC Hercules Capital, Inc. | 8.41% | 11.40% | 14.90% | 9.34% | 9.57% | 9.49% | 11.40% | 9.45% | 8.79% | 10.17% | 8.33% | 6.77% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
REIT/BDC
Benchmark (^GSPC)
Portfolio components
Worst Drawdowns
The table below displays the maximum drawdowns of the REIT/BDC. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the REIT/BDC was 31.56%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
The current REIT/BDC drawdown is 13.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.56% | Jan 5, 2022 | 456 | Oct 27, 2023 | — | — | — |
| -8.88% | Oct 9, 2020 | 14 | Oct 28, 2020 | 8 | Nov 9, 2020 | 22 |
| -6.43% | Sep 18, 2020 | 4 | Sep 23, 2020 | 7 | Oct 2, 2020 | 11 |
| -6.07% | Sep 3, 2021 | 19 | Sep 30, 2021 | 14 | Oct 20, 2021 | 33 |
| -5.9% | Nov 16, 2021 | 11 | Dec 1, 2021 | 17 | Dec 27, 2021 | 28 |
Volatility
Volatility Chart
The current REIT/BDC volatility is 4.55%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
REIT/BDC
Benchmark (^GSPC)
Portfolio components
Diversification
Asset Correlations Table
The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
| NMFC | HTGC | ARCC | IIPR | FSK | MPW | ADC | LTC | BRSP | NSA | HR | SAFE | BNL | BXMT | REXR | VICI | O | WPC | BDN | BXP | ARE | HIW | FRT | XLRE | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NMFC | 1.00 | 0.62 | 0.65 | 0.36 | 0.62 | 0.31 | 0.27 | 0.33 | 0.51 | 0.32 | 0.28 | 0.38 | 0.33 | 0.49 | 0.35 | 0.40 | 0.33 | 0.34 | 0.43 | 0.43 | 0.38 | 0.42 | 0.43 | 0.39 |
| HTGC | 0.62 | 1.00 | 0.66 | 0.37 | 0.63 | 0.31 | 0.27 | 0.35 | 0.49 | 0.31 | 0.31 | 0.42 | 0.32 | 0.50 | 0.40 | 0.42 | 0.32 | 0.34 | 0.44 | 0.44 | 0.39 | 0.44 | 0.44 | 0.41 |
| ARCC | 0.65 | 0.66 | 1.00 | 0.35 | 0.68 | 0.34 | 0.30 | 0.35 | 0.50 | 0.33 | 0.31 | 0.40 | 0.38 | 0.53 | 0.40 | 0.47 | 0.36 | 0.37 | 0.45 | 0.44 | 0.39 | 0.44 | 0.46 | 0.45 |
| IIPR | 0.36 | 0.37 | 0.35 | 1.00 | 0.36 | 0.40 | 0.37 | 0.34 | 0.46 | 0.43 | 0.43 | 0.51 | 0.44 | 0.49 | 0.52 | 0.49 | 0.40 | 0.40 | 0.46 | 0.46 | 0.52 | 0.48 | 0.45 | 0.54 |
| FSK | 0.62 | 0.63 | 0.68 | 0.36 | 1.00 | 0.35 | 0.28 | 0.38 | 0.54 | 0.35 | 0.34 | 0.44 | 0.38 | 0.53 | 0.34 | 0.45 | 0.36 | 0.36 | 0.50 | 0.47 | 0.38 | 0.48 | 0.49 | 0.44 |
| MPW | 0.31 | 0.31 | 0.34 | 0.40 | 0.35 | 1.00 | 0.46 | 0.52 | 0.43 | 0.42 | 0.53 | 0.45 | 0.46 | 0.47 | 0.47 | 0.47 | 0.52 | 0.50 | 0.53 | 0.52 | 0.53 | 0.55 | 0.53 | 0.57 |
| ADC | 0.27 | 0.27 | 0.30 | 0.37 | 0.28 | 0.46 | 1.00 | 0.55 | 0.38 | 0.54 | 0.57 | 0.44 | 0.57 | 0.42 | 0.55 | 0.59 | 0.73 | 0.68 | 0.44 | 0.46 | 0.56 | 0.49 | 0.59 | 0.67 |
| LTC | 0.33 | 0.35 | 0.35 | 0.34 | 0.38 | 0.52 | 0.55 | 1.00 | 0.45 | 0.44 | 0.60 | 0.46 | 0.48 | 0.50 | 0.47 | 0.51 | 0.58 | 0.56 | 0.55 | 0.52 | 0.50 | 0.58 | 0.60 | 0.59 |
| BRSP | 0.51 | 0.49 | 0.50 | 0.46 | 0.54 | 0.43 | 0.38 | 0.45 | 1.00 | 0.40 | 0.39 | 0.52 | 0.47 | 0.72 | 0.42 | 0.48 | 0.43 | 0.44 | 0.59 | 0.56 | 0.45 | 0.57 | 0.55 | 0.51 |
| NSA | 0.32 | 0.31 | 0.33 | 0.43 | 0.35 | 0.42 | 0.54 | 0.44 | 0.40 | 1.00 | 0.52 | 0.50 | 0.55 | 0.43 | 0.65 | 0.55 | 0.60 | 0.59 | 0.45 | 0.49 | 0.62 | 0.50 | 0.54 | 0.74 |
| HR | 0.28 | 0.31 | 0.31 | 0.43 | 0.34 | 0.53 | 0.57 | 0.60 | 0.39 | 0.52 | 1.00 | 0.50 | 0.53 | 0.45 | 0.55 | 0.54 | 0.61 | 0.59 | 0.51 | 0.51 | 0.59 | 0.55 | 0.58 | 0.66 |
| SAFE | 0.38 | 0.42 | 0.40 | 0.51 | 0.44 | 0.45 | 0.44 | 0.46 | 0.52 | 0.50 | 0.50 | 1.00 | 0.54 | 0.52 | 0.51 | 0.54 | 0.48 | 0.52 | 0.54 | 0.54 | 0.57 | 0.55 | 0.58 | 0.62 |
| BNL | 0.33 | 0.32 | 0.38 | 0.44 | 0.38 | 0.46 | 0.57 | 0.48 | 0.47 | 0.55 | 0.53 | 0.54 | 1.00 | 0.48 | 0.56 | 0.57 | 0.64 | 0.63 | 0.53 | 0.54 | 0.62 | 0.56 | 0.59 | 0.67 |
| BXMT | 0.49 | 0.50 | 0.53 | 0.49 | 0.53 | 0.47 | 0.42 | 0.50 | 0.72 | 0.43 | 0.45 | 0.52 | 0.48 | 1.00 | 0.47 | 0.51 | 0.47 | 0.47 | 0.65 | 0.65 | 0.50 | 0.64 | 0.60 | 0.56 |
| REXR | 0.35 | 0.40 | 0.40 | 0.52 | 0.34 | 0.47 | 0.55 | 0.47 | 0.42 | 0.65 | 0.55 | 0.51 | 0.56 | 0.47 | 1.00 | 0.59 | 0.60 | 0.63 | 0.49 | 0.52 | 0.72 | 0.53 | 0.59 | 0.79 |
| VICI | 0.40 | 0.42 | 0.47 | 0.49 | 0.45 | 0.47 | 0.59 | 0.51 | 0.48 | 0.55 | 0.54 | 0.54 | 0.57 | 0.51 | 0.59 | 1.00 | 0.64 | 0.63 | 0.53 | 0.53 | 0.58 | 0.56 | 0.66 | 0.70 |
| O | 0.33 | 0.32 | 0.36 | 0.40 | 0.36 | 0.52 | 0.73 | 0.58 | 0.43 | 0.60 | 0.61 | 0.48 | 0.64 | 0.47 | 0.60 | 0.64 | 1.00 | 0.75 | 0.51 | 0.52 | 0.64 | 0.56 | 0.67 | 0.76 |
| WPC | 0.34 | 0.34 | 0.37 | 0.40 | 0.36 | 0.50 | 0.68 | 0.56 | 0.44 | 0.59 | 0.59 | 0.52 | 0.63 | 0.47 | 0.63 | 0.63 | 0.75 | 1.00 | 0.56 | 0.57 | 0.62 | 0.59 | 0.65 | 0.74 |
| BDN | 0.43 | 0.44 | 0.45 | 0.46 | 0.50 | 0.53 | 0.44 | 0.55 | 0.59 | 0.45 | 0.51 | 0.54 | 0.53 | 0.65 | 0.49 | 0.53 | 0.51 | 0.56 | 1.00 | 0.81 | 0.61 | 0.83 | 0.66 | 0.60 |
| BXP | 0.43 | 0.44 | 0.44 | 0.46 | 0.47 | 0.52 | 0.46 | 0.52 | 0.56 | 0.49 | 0.51 | 0.54 | 0.54 | 0.65 | 0.52 | 0.53 | 0.52 | 0.57 | 0.81 | 1.00 | 0.65 | 0.83 | 0.69 | 0.65 |
| ARE | 0.38 | 0.39 | 0.39 | 0.52 | 0.38 | 0.53 | 0.56 | 0.50 | 0.45 | 0.62 | 0.59 | 0.57 | 0.62 | 0.50 | 0.72 | 0.58 | 0.64 | 0.62 | 0.61 | 0.65 | 1.00 | 0.65 | 0.63 | 0.79 |
| HIW | 0.42 | 0.44 | 0.44 | 0.48 | 0.48 | 0.55 | 0.49 | 0.58 | 0.57 | 0.50 | 0.55 | 0.55 | 0.56 | 0.64 | 0.53 | 0.56 | 0.56 | 0.59 | 0.83 | 0.83 | 0.65 | 1.00 | 0.69 | 0.66 |
| FRT | 0.43 | 0.44 | 0.46 | 0.45 | 0.49 | 0.53 | 0.59 | 0.60 | 0.55 | 0.54 | 0.58 | 0.58 | 0.59 | 0.60 | 0.59 | 0.66 | 0.67 | 0.65 | 0.66 | 0.69 | 0.63 | 0.69 | 1.00 | 0.73 |
| XLRE | 0.39 | 0.41 | 0.45 | 0.54 | 0.44 | 0.57 | 0.67 | 0.59 | 0.51 | 0.74 | 0.66 | 0.62 | 0.67 | 0.56 | 0.79 | 0.70 | 0.76 | 0.74 | 0.60 | 0.65 | 0.79 | 0.66 | 0.73 | 1.00 |
The correlation results are calculated based on daily price changes starting from Sep 18, 2020