REIT/BDC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification
REIT/BDC
Last updated Sep 18, 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
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 18.13% | 1.45% | 8.81% | 26.52% | 13.43% | 10.88% |
| REIT/BDC | 12.92% | 6.87% | 19.83% | 23.82% | N/A | N/A |
| Portfolio components: | ||||||
REXR Rexford Industrial Realty, Inc. | -6.97% | 1.91% | 1.98% | 2.73% | 5.29% | 16.56% |
LTC LTC Properties, Inc. | 21.43% | 4.95% | 18.72% | 25.05% | 0.20% | 5.50% |
VICI | 8.88% | 6.71% | 19.82% | 15.55% | N/A | N/A |
O Realty Income Corporation | 13.03% | 4.50% | 23.39% | 23.22% | 1.53% | 9.22% |
ARE Alexandria Real Estate Equities, Inc. | -0.05% | 8.13% | 2.59% | 15.37% | -1.16% | 8.53% |
HIW Highwoods Properties, Inc. | 50.66% | 4.84% | 37.33% | 57.32% | -0.26% | 3.14% |
ARCC Ares Capital Corporation | 7.97% | -0.44% | 5.89% | 14.60% | 11.58% | 12.37% |
NSA National Storage Affiliates Trust | 20.85% | 13.60% | 35.89% | 48.20% | 12.77% | N/A |
BRSP BrightSpire Capital, Inc. | -12.54% | 7.39% | -3.89% | 1.25% | -8.38% | N/A |
ADC Agree Realty Corporation | 24.67% | 6.80% | 39.76% | 35.36% | 5.18% | 15.42% |
XLRE | 14.24% | 7.50% | 17.25% | 27.84% | N/A | N/A |
IIPR Innovative Industrial Properties, Inc. | 37.30% | 13.13% | 41.82% | 68.25% | 12.61% | N/A |
FRT Federal Realty Investment Trust | 14.65% | 2.05% | 17.28% | 24.93% | 1.01% | 3.18% |
SAFE | 18.38% | 15.35% | 38.78% | 46.03% | N/A | N/A |
BXMT Blackstone Mortgage Trust, Inc. | -2.24% | 10.45% | 4.75% | -5.23% | -2.54% | 5.55% |
HR Healthcare Realty Trust Incorporated | 12.20% | 5.27% | 43.45% | 21.01% | 1.96% | 7.38% |
MPW Medical Properties Trust, Inc. | 37.01% | 28.92% | 52.90% | 13.80% | -13.45% | 0.28% |
BXP Boston Properties, Inc. | 18.36% | 14.89% | 31.79% | 31.05% | -4.74% | 0.26% |
BDN Brandywine Realty Trust | 9.54% | 6.75% | 30.78% | 25.24% | -10.76% | -3.26% |
FSK FS KKR Capital Corp. | 9.65% | 3.02% | 14.17% | 13.90% | 11.53% | 4.83% |
BNL Broadstone Net Lease, Inc. | 12.02% | 5.87% | 29.12% | 26.02% | N/A | N/A |
WPC | 0.65% | 10.45% | 16.65% | 9.11% | N/A | N/A |
NMFC New Mountain Finance Corporation | 2.18% | 0.82% | 3.46% | 5.20% | 8.41% | 8.51% |
HTGC Hercules Capital, Inc. | 24.60% | 5.92% | 12.55% | 30.00% | 20.68% | 13.95% |
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% | 3.99% | -3.57% | 3.42% | 0.89% | 7.49% | 2.95% | 12.92% | ||||
| 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% | 4.94% | -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% | 15.49% |
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 12, indicating that it is in the bottom 12% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
REIT/BDC
Sharpe Ratio Rank
Sortino Ratio Rank
Omega Ratio Rank
Calmar Ratio Rank
Martin Ratio Rank
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. | 0.11 | 0.33 | 1.04 | 0.06 | 0.21 |
LTC LTC Properties, Inc. | 1.41 | 1.90 | 1.26 | 0.93 | 6.86 |
VICI | 0.78 | 1.22 | 1.15 | 0.84 | 1.98 |
O Realty Income Corporation | 1.19 | 1.72 | 1.22 | 0.67 | 3.27 |
ARE Alexandria Real Estate Equities, Inc. | 0.46 | 0.93 | 1.11 | 0.27 | 1.67 |
HIW Highwoods Properties, Inc. | 1.58 | 2.29 | 1.28 | 0.98 | 6.93 |
ARCC Ares Capital Corporation | 1.18 | 1.70 | 1.22 | 2.10 | 7.81 |
NSA National Storage Affiliates Trust | 1.64 | 2.44 | 1.31 | 0.88 | 5.01 |
BRSP BrightSpire Capital, Inc. | 0.04 | 0.27 | 1.03 | 0.03 | 0.09 |
ADC Agree Realty Corporation | 1.86 | 2.58 | 1.32 | 1.20 | 6.13 |
XLRE | 1.51 | 2.18 | 1.28 | 0.82 | 5.83 |
IIPR Innovative Industrial Properties, Inc. | 2.22 | 3.02 | 1.36 | 0.95 | 10.74 |
FRT Federal Realty Investment Trust | 1.23 | 1.84 | 1.22 | 0.74 | 5.81 |
SAFE | 1.07 | 1.85 | 1.21 | 0.59 | 3.52 |
BXMT Blackstone Mortgage Trust, Inc. | -0.16 | -0.00 | 1.00 | -0.15 | -0.41 |
HR Healthcare Realty Trust Incorporated | 0.74 | 1.20 | 1.15 | 0.45 | 2.02 |
MPW Medical Properties Trust, Inc. | 0.18 | 0.85 | 1.11 | 0.16 | 0.59 |
BXP Boston Properties, Inc. | 0.80 | 1.40 | 1.16 | 0.54 | 2.84 |
BDN Brandywine Realty Trust | 0.58 | 1.13 | 1.14 | 0.37 | 1.75 |
FSK FS KKR Capital Corp. | 0.93 | 1.25 | 1.18 | 1.26 | 3.83 |
BNL Broadstone Net Lease, Inc. | 1.10 | 1.61 | 1.20 | 0.60 | 2.87 |
WPC | 0.37 | 0.66 | 1.09 | 0.25 | 0.74 |
NMFC New Mountain Finance Corporation | 0.51 | 0.80 | 1.10 | 0.92 | 2.68 |
HTGC Hercules Capital, Inc. | 1.33 | 1.64 | 1.27 | 1.64 | 5.83 |
REIT/BDC
Benchmark (^GSPC)
Portfolio components
Dividends
Dividend yield
REIT/BDC granted a 7.03% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REIT/BDC | 7.03% | 7.64% | 8.53% | 5.17% | 6.01% | 5.50% | 6.16% | 4.78% | 4.60% | 5.02% | 10.36% | 14.71% |
| Portfolio components: | ||||||||||||
REXR Rexford Industrial Realty, Inc. | 3.11% | 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. | 6.12% | 7.10% | 6.42% | 6.68% | 5.86% | 5.09% | 5.47% | 5.24% | 4.66% | 4.80% | 4.73% | 5.38% |
VICI | 6.21% | 5.05% | 4.63% | 4.58% | 4.92% | 4.58% | 5.31% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
O Realty Income Corporation | 4.97% | 5.33% | 4.68% | 3.87% | 4.50% | 3.69% | 4.18% | 4.45% | 4.18% | 4.41% | 4.59% | 5.83% |
ARE Alexandria Real Estate Equities, Inc. | 4.10% | 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. | 6.11% | 8.71% | 7.15% | 4.40% | 4.84% | 3.88% | 4.78% | 3.46% | 4.85% | 3.84% | 3.78% | 4.63% |
ARCC Ares Capital Corporation | 9.52% | 9.59% | 10.10% | 7.60% | 9.41% | 8.94% | 9.78% | 9.57% | 9.12% | 10.90% | 9.93% | 8.67% |
NSA National Storage Affiliates Trust | 4.65% | 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. | 13.11% | 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 | 3.92% | 4.64% | 3.95% | 3.65% | 3.61% | 3.25% | 3.65% | 3.94% | 4.17% | 5.43% | 5.60% | 5.65% |
XLRE | 2.38% | 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. | 5.49% | 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 | 3.77% | 4.21% | 4.26% | 3.12% | 4.96% | 3.22% | 3.42% | 2.98% | 2.70% | 2.48% | 2.47% | 2.98% |
SAFE | 2.60% | 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. | 12.75% | 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 | 6.82% | 7.20% | 36.51% | 7.47% | 4.36% | 8.09% | 9.60% | 8.02% | 8.21% | 8.79% | 172.62% | 312.20% |
MPW Medical Properties Trust, Inc. | 8.49% | 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. | 4.88% | 5.59% | 5.80% | 3.40% | 4.15% | 2.78% | 3.11% | 2.35% | 2.15% | 3.00% | 5.52% | 4.83% |
BDN Brandywine Realty Trust | 11.15% | 13.33% | 12.36% | 5.65% | 6.38% | 4.83% | 5.59% | 3.52% | 3.76% | 4.39% | 3.75% | 4.26% |
FSK FS KKR Capital Corp. | 15.26% | 14.96% | 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. | 6.14% | 6.50% | 6.66% | 4.13% | 7.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WPC | 5.76% | 6.17% | 5.43% | 5.12% | 5.91% | 5.17% | 6.26% | 5.82% | 6.65% | 6.48% | 5.26% | 5.70% |
NMFC New Mountain Finance Corporation | 11.80% | 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. | 8.62% | 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 31.57%, occurring on Oct 27, 2023. The portfolio has not yet recovered.
The current REIT/BDC drawdown is 3.64%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.57% | 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 3.12%, 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 | IIPR | ARCC | FSK | MPW | NSA | ADC | BRSP | LTC | HR | SAFE | BNL | BXMT | REXR | VICI | O | WPC | BXP | BDN | ARE | HIW | FRT | XLRE | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NMFC | 1.00 | 0.63 | 0.38 | 0.66 | 0.62 | 0.31 | 0.32 | 0.27 | 0.51 | 0.34 | 0.29 | 0.39 | 0.34 | 0.50 | 0.36 | 0.42 | 0.35 | 0.34 | 0.44 | 0.46 | 0.39 | 0.43 | 0.45 | 0.40 |
| HTGC | 0.63 | 1.00 | 0.38 | 0.67 | 0.63 | 0.31 | 0.32 | 0.28 | 0.49 | 0.36 | 0.32 | 0.42 | 0.33 | 0.51 | 0.41 | 0.43 | 0.33 | 0.35 | 0.45 | 0.46 | 0.41 | 0.46 | 0.46 | 0.43 |
| IIPR | 0.38 | 0.38 | 1.00 | 0.35 | 0.37 | 0.41 | 0.42 | 0.38 | 0.46 | 0.34 | 0.43 | 0.51 | 0.43 | 0.49 | 0.51 | 0.49 | 0.40 | 0.40 | 0.46 | 0.47 | 0.52 | 0.48 | 0.46 | 0.54 |
| ARCC | 0.66 | 0.67 | 0.35 | 1.00 | 0.68 | 0.35 | 0.35 | 0.31 | 0.51 | 0.37 | 0.33 | 0.41 | 0.38 | 0.54 | 0.41 | 0.48 | 0.38 | 0.37 | 0.44 | 0.46 | 0.41 | 0.45 | 0.47 | 0.46 |
| FSK | 0.62 | 0.63 | 0.37 | 0.68 | 1.00 | 0.36 | 0.35 | 0.30 | 0.54 | 0.40 | 0.36 | 0.45 | 0.38 | 0.54 | 0.35 | 0.47 | 0.38 | 0.37 | 0.48 | 0.51 | 0.40 | 0.49 | 0.51 | 0.45 |
| MPW | 0.31 | 0.31 | 0.41 | 0.35 | 0.36 | 1.00 | 0.42 | 0.48 | 0.43 | 0.54 | 0.55 | 0.46 | 0.46 | 0.49 | 0.48 | 0.48 | 0.52 | 0.51 | 0.54 | 0.56 | 0.55 | 0.57 | 0.53 | 0.58 |
| NSA | 0.32 | 0.32 | 0.42 | 0.35 | 0.35 | 0.42 | 1.00 | 0.54 | 0.41 | 0.44 | 0.52 | 0.51 | 0.54 | 0.43 | 0.65 | 0.54 | 0.59 | 0.59 | 0.49 | 0.47 | 0.62 | 0.50 | 0.54 | 0.73 |
| ADC | 0.27 | 0.28 | 0.38 | 0.31 | 0.30 | 0.48 | 0.54 | 1.00 | 0.39 | 0.55 | 0.58 | 0.44 | 0.57 | 0.42 | 0.57 | 0.59 | 0.73 | 0.69 | 0.47 | 0.47 | 0.57 | 0.50 | 0.60 | 0.67 |
| BRSP | 0.51 | 0.49 | 0.46 | 0.51 | 0.54 | 0.43 | 0.41 | 0.39 | 1.00 | 0.46 | 0.40 | 0.53 | 0.47 | 0.72 | 0.42 | 0.49 | 0.44 | 0.45 | 0.57 | 0.60 | 0.45 | 0.57 | 0.56 | 0.51 |
| LTC | 0.34 | 0.36 | 0.34 | 0.37 | 0.40 | 0.54 | 0.44 | 0.55 | 0.46 | 1.00 | 0.60 | 0.47 | 0.48 | 0.51 | 0.48 | 0.51 | 0.59 | 0.57 | 0.54 | 0.59 | 0.51 | 0.60 | 0.60 | 0.60 |
| HR | 0.29 | 0.32 | 0.43 | 0.33 | 0.36 | 0.55 | 0.52 | 0.58 | 0.40 | 0.60 | 1.00 | 0.51 | 0.54 | 0.45 | 0.55 | 0.54 | 0.61 | 0.60 | 0.51 | 0.53 | 0.60 | 0.56 | 0.59 | 0.66 |
| SAFE | 0.39 | 0.42 | 0.51 | 0.41 | 0.45 | 0.46 | 0.51 | 0.44 | 0.53 | 0.47 | 0.51 | 1.00 | 0.54 | 0.53 | 0.52 | 0.54 | 0.49 | 0.51 | 0.55 | 0.55 | 0.58 | 0.55 | 0.58 | 0.63 |
| BNL | 0.34 | 0.33 | 0.43 | 0.38 | 0.38 | 0.46 | 0.54 | 0.57 | 0.47 | 0.48 | 0.54 | 0.54 | 1.00 | 0.48 | 0.57 | 0.56 | 0.64 | 0.63 | 0.55 | 0.55 | 0.63 | 0.56 | 0.59 | 0.68 |
| BXMT | 0.50 | 0.51 | 0.49 | 0.54 | 0.54 | 0.49 | 0.43 | 0.42 | 0.72 | 0.51 | 0.45 | 0.53 | 0.48 | 1.00 | 0.47 | 0.52 | 0.48 | 0.48 | 0.65 | 0.67 | 0.51 | 0.64 | 0.61 | 0.57 |
| REXR | 0.36 | 0.41 | 0.51 | 0.41 | 0.35 | 0.48 | 0.65 | 0.57 | 0.42 | 0.48 | 0.55 | 0.52 | 0.57 | 0.47 | 1.00 | 0.59 | 0.60 | 0.62 | 0.52 | 0.51 | 0.72 | 0.54 | 0.59 | 0.80 |
| VICI | 0.42 | 0.43 | 0.49 | 0.48 | 0.47 | 0.48 | 0.54 | 0.59 | 0.49 | 0.51 | 0.54 | 0.54 | 0.56 | 0.52 | 0.59 | 1.00 | 0.63 | 0.63 | 0.54 | 0.55 | 0.58 | 0.56 | 0.66 | 0.69 |
| O | 0.35 | 0.33 | 0.40 | 0.38 | 0.38 | 0.52 | 0.59 | 0.73 | 0.44 | 0.59 | 0.61 | 0.49 | 0.64 | 0.48 | 0.60 | 0.63 | 1.00 | 0.76 | 0.53 | 0.53 | 0.64 | 0.56 | 0.67 | 0.76 |
| WPC | 0.34 | 0.35 | 0.40 | 0.37 | 0.37 | 0.51 | 0.59 | 0.69 | 0.45 | 0.57 | 0.60 | 0.51 | 0.63 | 0.48 | 0.62 | 0.63 | 0.76 | 1.00 | 0.57 | 0.57 | 0.63 | 0.59 | 0.65 | 0.74 |
| BXP | 0.44 | 0.45 | 0.46 | 0.44 | 0.48 | 0.54 | 0.49 | 0.47 | 0.57 | 0.54 | 0.51 | 0.55 | 0.55 | 0.65 | 0.52 | 0.54 | 0.53 | 0.57 | 1.00 | 0.83 | 0.66 | 0.84 | 0.70 | 0.65 |
| BDN | 0.46 | 0.46 | 0.47 | 0.46 | 0.51 | 0.56 | 0.47 | 0.47 | 0.60 | 0.59 | 0.53 | 0.55 | 0.55 | 0.67 | 0.51 | 0.55 | 0.53 | 0.57 | 0.83 | 1.00 | 0.62 | 0.85 | 0.68 | 0.62 |
| ARE | 0.39 | 0.41 | 0.52 | 0.41 | 0.40 | 0.55 | 0.62 | 0.57 | 0.45 | 0.51 | 0.60 | 0.58 | 0.63 | 0.51 | 0.72 | 0.58 | 0.64 | 0.63 | 0.66 | 0.62 | 1.00 | 0.65 | 0.64 | 0.79 |
| HIW | 0.43 | 0.46 | 0.48 | 0.45 | 0.49 | 0.57 | 0.50 | 0.50 | 0.57 | 0.60 | 0.56 | 0.55 | 0.56 | 0.64 | 0.54 | 0.56 | 0.56 | 0.59 | 0.84 | 0.85 | 0.65 | 1.00 | 0.70 | 0.66 |
| FRT | 0.45 | 0.46 | 0.46 | 0.47 | 0.51 | 0.53 | 0.54 | 0.60 | 0.56 | 0.60 | 0.59 | 0.58 | 0.59 | 0.61 | 0.59 | 0.66 | 0.67 | 0.65 | 0.70 | 0.68 | 0.64 | 0.70 | 1.00 | 0.73 |
| XLRE | 0.40 | 0.43 | 0.54 | 0.46 | 0.45 | 0.58 | 0.73 | 0.67 | 0.51 | 0.60 | 0.66 | 0.63 | 0.68 | 0.57 | 0.80 | 0.69 | 0.76 | 0.74 | 0.65 | 0.62 | 0.79 | 0.66 | 0.73 | 1.00 |
The correlation results are calculated based on daily price changes starting from Sep 18, 2020