Real Estate Investment Trusts

Prologis Inc. vs Welltower Inc.

WatchlistPLD / WELLPrices through Oct 22, 2026

Why these are rivals: #1 and #2 by market value ($168B vs $118B) in Nasdaq's "Real Estate Investment Trusts" industry; SEC SIC 6798 / 6798 (same major group); #1 and #2 by market value ($168B vs $118B) with SEC SIC 6798 (Real Estate Investment Trusts).

Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.

  • Co-movement: daily return correlation, 252 sessions: 0.45 (needs >= 0.60)
  • Mean reversion: ADF t-statistic of the spread: -1.32 (needs <= -2.873 (5% critical value))
Business leadership

WELL is the larger business

Annual revenue reported to the SEC. Scale, not market share.

YearPLDWELLLarger
2025$8.8B$10.8BWELL
2024$8.2B$8.0BPLD
2023$8.0B$6.6BPLD
2022$6.0B$5.9BPLD
2021$4.8B$4.7BPLD
2020$4.4B$4.6BWELL

Revenue lead switched: 2021 to PLD, 2025 to WELL. Market value: PLD $117.6B, WELL $168.3B.

Stock leadership

WELL is ahead now

Measured against the pair's own last 252 trading days.

WELL leads PLD by 2.56 standard deviations: +20.6% over its usual price ratio. 6 lead switches in the last year.

Price change3 mo6 mo12 mo
PLD-14.2%-11.0%+0.5%
WELL-5.8%+14.0%+35.6%
Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2520 (needs >= 254)
Fail
Co-movement: daily return correlation, 252 sessions: 0.45 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -1.32 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 49.30 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

PLD Prologis Inc. WELL Welltower Inc.Price index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
100150Oct 2024Oct 2025Oct 2026PLD 103WELL 180
Spread z-score: PLD relative to WELL, against the 252 sessions before each day. Above 0: PLD ahead; below 0: WELL ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DatePLD indexWELL indexzAhead
2026-10-22103.40179.52-2.56WELL ahead
2026-10-21104.16177.09-2.30WELL ahead
2026-10-20104.06180.04-2.58WELL ahead
2026-10-19101.30176.58-2.74WELL ahead
2026-10-16102.65177.59-2.67WELL ahead
2026-10-15103.62177.43-2.57WELL ahead
2026-10-14106.50175.57-2.05WELL ahead
2026-10-13109.02174.03-1.60WELL ahead
2026-10-12108.14174.15-1.74WELL ahead
2026-10-09105.71170.50-1.79WELL ahead
2026-10-08105.54168.66-1.67WELL ahead
2026-10-07103.92167.21-1.79WELL ahead
2026-10-06105.04170.74-1.96WELL ahead
2026-10-05104.56169.51-1.94WELL ahead
2026-10-02105.23172.19-2.11WELL ahead
2026-10-01104.64171.61-2.17WELL ahead
2026-09-30105.99174.11-2.23WELL ahead
2026-09-29108.25176.12-2.10WELL ahead
2026-09-28108.11176.16-2.16WELL ahead
2026-09-25108.61174.96-2.00WELL ahead
2026-09-24109.24176.66-2.09WELL ahead
2026-09-23109.36173.83-1.83WELL ahead
2026-09-22110.92174.22-1.66WELL ahead
2026-09-21110.87176.01-1.85WELL ahead
2026-09-18110.07173.07-1.71WELL ahead
2026-09-17110.35175.64-1.93WELL ahead
2026-09-16109.18177.33-2.30WELL ahead
2026-09-15110.89176.01-1.94WELL ahead
2026-09-14110.36177.11-2.15WELL ahead
2026-09-11110.82178.18-2.22WELL ahead
2026-09-10109.72178.24-2.43WELL ahead
2026-09-09110.74178.39-2.32WELL ahead
2026-09-08113.04179.41-2.09WELL ahead
2026-09-04112.11178.59-2.18WELL ahead
2026-09-03112.94182.34-2.46WELL ahead
2026-09-02111.50180.42-2.54WELL ahead
2026-09-01114.02181.81-2.31WELL ahead
2026-08-31114.22178.64-1.98WELL ahead
2026-08-28114.86180.03-2.04WELL ahead
2026-08-27115.80181.19-2.04WELL ahead
2026-08-26116.40182.67-2.12WELL ahead
2026-08-25117.00182.36-2.01WELL ahead
2026-08-24117.03181.50-1.94WELL ahead
2026-08-21115.76180.90-2.11WELL ahead
2026-08-20114.84179.52-2.15WELL ahead
2026-08-19115.35178.26-1.95WELL ahead
2026-08-18114.30178.04-2.13WELL ahead
2026-08-17114.79177.93-2.05WELL ahead
2026-08-14115.13178.10-2.04WELL ahead
2026-08-13115.27177.28-1.93WELL ahead
2026-08-12114.88174.13-1.64WELL ahead
2026-08-11113.88170.91-1.45WELL ahead
2026-08-10113.27177.74-2.38WELL ahead
2026-08-07114.42179.16-2.36WELL ahead
2026-08-06113.58178.46-2.46WELL ahead
2026-08-05114.91179.41-2.35WELL ahead
2026-08-04113.51175.11-2.11WELL ahead
2026-08-03117.67176.27-1.50WELL ahead
2026-07-31118.05177.28-1.56WELL ahead
2026-07-30119.34178.18-1.45WELL ahead
2026-07-29118.75182.30-2.08WELL ahead
2026-07-28120.10184.19-2.08WELL ahead
2026-07-27120.21187.79-2.52WELL ahead
2026-07-24120.51190.62-2.86WELL ahead
2026-07-23118.47186.82-2.85WELL ahead
2026-07-22118.12185.30-2.78WELL ahead
2026-07-21122.40186.31-2.11WELL ahead
2026-07-20120.39185.15-2.39WELL ahead
2026-07-17122.28183.95-1.89WELL ahead
2026-07-16122.50182.61-1.69WELL ahead
2026-07-15117.08176.41-1.97WELL ahead
2026-07-14116.32178.46-2.43WELL ahead
2026-07-13116.05177.37-2.37WELL ahead
2026-07-10115.00175.13-2.32WELL ahead
2026-07-09115.40175.53-2.32WELL ahead
2026-07-08115.10176.88-2.62WELL ahead
2026-07-07117.23179.67-2.59WELL ahead
2026-07-06114.45175.96-2.71WELL ahead
2026-07-02113.82178.51-3.29WELL ahead
2026-07-01111.67174.07-3.21WELL ahead
2026-06-30110.59171.63-3.17WELL ahead
2026-06-29113.38172.21-2.63WELL ahead
2026-06-26114.26171.91-2.41WELL ahead
2026-06-25114.72169.18-1.88WELL ahead
2026-06-24115.00167.45-1.54WELL ahead
2026-06-23118.57164.60-0.22near the usual relationship
2026-06-22117.41159.90+0.30near the usual relationship
2026-06-18114.73156.27+0.30near the usual relationship
2026-06-17115.05156.19+0.38near the usual relationship
2026-06-16119.28161.45+0.46near the usual relationship
2026-06-15121.22160.93+0.99PLD ahead
2026-06-12121.42162.00+0.84PLD ahead
2026-06-11120.16159.31+1.00PLD ahead
2026-06-10119.00159.83+0.64PLD ahead
2026-06-09120.42156.36+1.56PLD ahead
2026-06-08116.56151.24+1.58PLD ahead
2026-06-05117.99156.48+0.98PLD ahead
2026-06-04117.38151.88+1.65PLD ahead
2026-06-03115.77150.93+1.45PLD ahead
2026-06-02114.62147.72+1.77PLD ahead
2026-06-01113.49149.24+1.22PLD ahead
2026-05-29117.12155.27+0.99PLD ahead
2026-05-28118.89159.02+0.75PLD ahead
2026-05-27119.61161.96+0.42near the usual relationship
2026-05-26119.95164.95+0.00near the usual relationship
2026-05-22119.10163.47+0.05near the usual relationship
2026-05-21118.07163.35-0.17near the usual relationship
2026-05-20118.11165.31-0.48near the usual relationship
2026-05-19116.28164.85-0.82WELL ahead
2026-05-18116.17160.78-0.21near the usual relationship
2026-05-15114.72161.63-0.67WELL ahead
2026-05-14116.46164.66-0.76WELL ahead
2026-05-13115.92166.47-1.15WELL ahead
2026-05-12117.36164.47-0.56WELL ahead
2026-05-11117.61162.46-0.21near the usual relationship
2026-05-08117.62162.30-0.18near the usual relationship
2026-05-07116.16161.03-0.30near the usual relationship
2026-05-06116.65163.69-0.60WELL ahead
2026-05-05114.51162.05-0.82WELL ahead
2026-05-04113.27164.20-1.41WELL ahead
2026-05-01115.44164.03-0.93WELL ahead
2026-04-30115.93164.35-0.88WELL ahead
2026-04-29113.32160.38-0.84WELL ahead
2026-04-28115.53162.00-0.62WELL ahead
2026-04-27114.30158.80-0.40near the usual relationship
2026-04-24116.00157.86+0.11near the usual relationship
2026-04-23116.20157.47+0.21near the usual relationship
2026-04-22115.44151.01+1.08PLD ahead
2026-04-21115.85156.07+0.36near the usual relationship
2026-04-20118.39158.39+0.53PLD ahead
2026-04-17118.45159.20+0.42near the usual relationship
2026-04-16116.06162.21-0.54WELL ahead
2026-04-15114.10159.81-0.60WELL ahead
2026-04-14112.95159.55-0.81WELL ahead
2026-04-13111.96156.51-0.56WELL ahead
2026-04-10111.99156.98-0.62WELL ahead
2026-04-09112.67156.03-0.33near the usual relationship
2026-04-08112.17154.79-0.24near the usual relationship
2026-04-07108.75152.43-0.63WELL ahead
2026-04-06108.04151.93-0.71WELL ahead
2026-04-02109.20153.00-0.63WELL ahead
2026-04-01108.84150.38-0.29near the usual relationship
2026-03-31107.90149.51-0.37near the usual relationship
2026-03-30105.13147.69-0.71WELL ahead
2026-03-27105.22148.04-0.75WELL ahead
2026-03-26105.91147.86-0.57WELL ahead
2026-03-25106.42148.77-0.61WELL ahead
2026-03-24106.41148.68-0.60WELL ahead
2026-03-23106.38147.46-0.43near the usual relationship
2026-03-20104.50148.17-0.95WELL ahead
2026-03-19107.01155.85-1.57WELL ahead
2026-03-18107.10158.20-1.90WELL ahead
2026-03-17108.74161.19-1.99WELL ahead
2026-03-16109.44158.94-1.53WELL ahead
2026-03-13107.55157.15-1.67WELL ahead
2026-03-12107.67155.93-1.46WELL ahead
2026-03-11109.71155.27-0.96WELL ahead
2026-03-10111.15157.08-0.92WELL ahead
2026-03-09110.33157.05-1.07WELL ahead
2026-03-06109.83154.48-0.83WELL ahead
2026-03-05112.53155.06-0.42near the usual relationship
2026-03-04113.81156.42-0.38near the usual relationship
2026-03-03115.10157.29-0.28near the usual relationship
2026-03-02116.51158.92-0.25near the usual relationship
2026-02-27116.38156.62-0.01near the usual relationship
2026-02-26116.46157.63-0.13near the usual relationship
2026-02-25114.31157.48-0.45near the usual relationship
2026-02-24114.53158.27-0.51WELL ahead
2026-02-23114.89158.45-0.48near the usual relationship
2026-02-20115.52157.43-0.28near the usual relationship
2026-02-19113.50157.30-0.57WELL ahead
2026-02-18113.98157.74-0.56WELL ahead
2026-02-17115.73162.95-0.85WELL ahead
2026-02-13113.44159.35-0.81WELL ahead
2026-02-12111.33157.40-0.91WELL ahead
2026-02-11114.19157.20-0.50WELL ahead
2026-02-10114.68151.88+0.10near the usual relationship
2026-02-09112.07149.16+0.01near the usual relationship
2026-02-06111.80148.15+0.06near the usual relationship
2026-02-05111.13144.48+0.33near the usual relationship
2026-02-04110.07140.26+0.61PLD ahead
2026-02-03107.66141.79+0.12near the usual relationship
2026-02-02105.86141.73-0.13near the usual relationship
2026-01-30106.58142.44-0.11near the usual relationship
2026-01-29106.46140.42+0.05near the usual relationship
2026-01-28103.78139.10-0.17near the usual relationship
2026-01-27105.06138.76+0.01near the usual relationship
2026-01-26103.21138.86-0.24near the usual relationship
2026-01-23103.80138.90-0.18near the usual relationship
2026-01-22103.40137.60-0.12near the usual relationship
2026-01-21107.05140.65+0.03near the usual relationship
2026-01-20106.78142.17-0.14near the usual relationship
2026-01-16108.74144.72-0.14near the usual relationship
2026-01-15108.37142.30+0.01near the usual relationship
2026-01-14107.93142.70-0.08near the usual relationship
2026-01-13106.30142.35-0.24near the usual relationship
2026-01-12105.36141.17-0.25near the usual relationship
2026-01-09105.63140.71-0.19near the usual relationship
2026-01-08104.81140.89-0.30near the usual relationship
2026-01-07103.59140.39-0.40near the usual relationship
2026-01-06104.05140.40-0.36near the usual relationship
2026-01-05105.87139.69-0.12near the usual relationship
2026-01-02105.35141.36-0.31near the usual relationship
2025-12-31104.21140.36-0.36near the usual relationship
2025-12-30105.31142.17-0.39near the usual relationship
2025-12-29104.88143.41-0.53WELL ahead
2025-12-26105.07142.06-0.42near the usual relationship
2025-12-24105.43141.94-0.38near the usual relationship
2025-12-23104.30141.30-0.45near the usual relationship
2025-12-22104.16140.98-0.45near the usual relationship
2025-12-19103.86140.66-0.46near the usual relationship
2025-12-18104.21141.78-0.51WELL ahead
2025-12-17104.55143.04-0.58WELL ahead
2025-12-16104.17143.98-0.69WELL ahead
2025-12-15106.66144.03-0.46near the usual relationship
2025-12-12106.27141.21-0.30near the usual relationship
2025-12-11106.58139.87-0.18near the usual relationship
2025-12-10105.89144.49-0.58WELL ahead
2025-12-09104.04148.06-1.01WELL ahead
2025-12-08103.40151.91-1.33WELL ahead
2025-12-05104.47154.50-1.41WELL ahead
2025-12-04104.64154.17-1.38WELL ahead
2025-12-03105.46152.69-1.21WELL ahead
2025-12-02105.25153.66-1.31WELL ahead
2025-12-01105.25154.19-1.35WELL ahead
2025-11-28104.92157.46-1.60WELL ahead
2025-11-26104.62155.97-1.55WELL ahead
2025-11-25103.99154.71-1.54WELL ahead
2025-11-24103.22152.98-1.51WELL ahead
2025-11-21102.69151.19-1.46WELL ahead
2025-11-20100.51149.41-1.57WELL ahead
2025-11-1999.92148.90-1.61WELL ahead
2025-11-18101.06149.95-1.58WELL ahead
2025-11-17100.83149.18-1.56WELL ahead
2025-11-14100.27146.57-1.45WELL ahead
2025-11-13101.22144.49-1.23WELL ahead
2025-11-12101.91144.92-1.20WELL ahead
2025-11-11103.07145.42-1.13WELL ahead
2025-11-10101.96144.48-1.18WELL ahead
2025-11-07102.53143.87-1.09WELL ahead
2025-11-06101.22141.98-1.10WELL ahead
2025-11-05101.08140.92-1.05WELL ahead
2025-11-04101.22139.41-0.93WELL ahead
2025-11-03101.40137.87-0.81WELL ahead
2025-10-31101.30136.90-0.76WELL ahead
2025-10-30101.41136.78-0.75WELL ahead
2025-10-29100.79133.82-0.60WELL ahead
2025-10-28102.63135.89-0.58WELL ahead
2025-10-27103.74138.09-0.64WELL ahead
2025-10-24103.21134.56-0.44near the usual relationship
2025-10-23102.67133.14-0.40near the usual relationship
2025-10-22102.82133.05-0.39near the usual relationship
2025-10-21102.85132.43-0.35near the usual relationship
2025-10-20103.82134.38-0.40near the usual relationship
2025-10-17101.29132.40-0.50WELL ahead
2025-10-1698.91130.13-0.56WELL ahead
2025-10-15100.21130.32-0.46near the usual relationship
2025-10-1494.24128.06-0.86WELL ahead
2025-10-1392.02126.17-0.95WELL ahead
2025-10-1090.80125.48-1.02WELL ahead
2025-10-0993.43126.49-0.85WELL ahead
2025-10-0894.69127.90-0.83WELL ahead
2025-10-0794.67130.82-1.03WELL ahead
2025-10-0695.62131.68-1.01WELL ahead
2025-10-0395.56132.37-1.06WELL ahead
2025-10-0294.79132.71-1.16WELL ahead
2025-10-0195.09135.65-1.32WELL ahead
2025-09-3093.49134.71-1.41WELL ahead
2025-09-2993.26133.24-1.35WELL ahead
2025-09-2693.22132.26-1.30WELL ahead
2025-09-2592.42129.84-1.22WELL ahead
2025-09-2492.13129.29-1.22WELL ahead
2025-09-2393.42130.48-1.19WELL ahead
2025-09-2293.00126.60-0.99WELL ahead
2025-09-1992.66124.92-0.91WELL ahead
2025-09-1894.01125.93-0.87WELL ahead
2025-09-1792.97125.46-0.93WELL ahead
2025-09-1693.09124.93-0.90WELL ahead
2025-09-1593.28127.74-1.06WELL ahead
2025-09-1294.16127.90-1.00WELL ahead
2025-09-1193.73127.40-1.01WELL ahead
2025-09-1090.60127.11-1.26WELL ahead
2025-09-0991.40127.68-1.23WELL ahead
2025-09-0892.70128.07-1.15WELL ahead
2025-09-0592.78126.91-1.08WELL ahead
2025-09-0491.93126.80-1.15WELL ahead
2025-09-0390.57126.61-1.26WELL ahead
2025-09-0290.86126.85-1.25WELL ahead
2025-08-2992.88127.25-1.12WELL ahead
2025-08-2891.95126.59-1.16WELL ahead
2025-08-2791.98126.85-1.18WELL ahead
2025-08-2690.90125.41-1.19WELL ahead
2025-08-2591.12124.70-1.14WELL ahead
2025-08-2291.66124.34-1.08WELL ahead
2025-08-2188.48126.24-1.44WELL ahead
2025-08-2089.94125.52-1.29WELL ahead
2025-08-1990.42123.69-1.16WELL ahead
2025-08-1886.07122.81-1.46WELL ahead
2025-08-1587.01123.19-1.42WELL ahead
2025-08-1486.41122.41-1.43WELL ahead
2025-08-1386.69123.29-1.47WELL ahead
2025-08-1285.56124.61-1.64WELL ahead
2025-08-1184.96127.06-1.84WELL ahead
2025-08-0886.27127.06-1.75WELL ahead
2025-08-0786.77128.31-1.79WELL ahead
2025-08-0686.31127.77-1.81WELL ahead
2025-08-0587.38128.32-1.76WELL ahead
2025-08-0485.89127.63-1.85WELL ahead
2025-08-0185.64125.71-1.78WELL ahead
2025-07-3187.17124.83-1.62WELL ahead
2025-07-3088.56125.82-1.58WELL ahead
2025-07-2989.57125.50-1.50WELL ahead
2025-07-2887.44119.70-1.35WELL ahead
2025-07-2590.03122.17-1.29WELL ahead
2025-07-2489.57122.05-1.33WELL ahead
2025-07-2389.80122.22-1.33WELL ahead
2025-07-2289.13121.82-1.36WELL ahead
2025-07-2188.05121.23-1.42WELL ahead
2025-07-1887.17120.27-1.44WELL ahead
2025-07-1786.88119.20-1.41WELL ahead
2025-07-1689.93119.14-1.19WELL ahead
2025-07-1588.67118.50-1.25WELL ahead
2025-07-1489.27119.53-1.27WELL ahead
2025-07-1189.12117.33-1.17WELL ahead
2025-07-1088.50115.49-1.13WELL ahead
2025-07-0986.85115.13-1.23WELL ahead
2025-07-0887.22114.76-1.20WELL ahead
2025-07-0786.80116.63-1.34WELL ahead
2025-07-0388.18115.52-1.19WELL ahead
2025-07-0288.42113.97-1.09WELL ahead
2025-07-0187.00114.64-1.24WELL ahead
2025-06-3085.81116.25-1.43WELL ahead
2025-06-2786.22115.04-1.34WELL ahead
2025-06-2685.22116.06-1.48WELL ahead
2025-06-2585.53116.02-1.47WELL ahead
2025-06-2488.27116.64-1.32WELL ahead
2025-06-2387.45116.55-1.38WELL ahead
2025-06-2086.28114.37-1.36WELL ahead
2025-06-1885.78115.83-1.49WELL ahead
2025-06-1785.79114.84-1.44WELL ahead
2025-06-1687.20113.87-1.30WELL ahead
2025-06-1387.58115.25-1.36WELL ahead
2025-06-1288.52114.87-1.28WELL ahead
2025-06-1188.57113.61-1.22WELL ahead
2025-06-1089.38114.11-1.20WELL ahead
2025-06-0988.92113.66-1.21WELL ahead
2025-06-0688.81116.80-1.40WELL ahead
2025-06-0588.02115.72-1.41WELL ahead
2025-06-0488.51114.98-1.35WELL ahead
2025-06-0389.00115.09-1.33WELL ahead
2025-06-0288.78117.38-1.48WELL ahead
2025-05-3088.65116.67-1.47WELL ahead
2025-05-2989.17115.75-1.39WELL ahead
2025-05-2888.10114.72-1.43WELL ahead
2025-05-2787.04115.30-1.55WELL ahead
2025-05-2384.93112.80-1.58WELL ahead
2025-05-2285.79111.09-1.43WELL ahead
2025-05-2185.44112.14-1.53WELL ahead
2025-05-2088.76114.35-1.42WELL ahead
2025-05-1990.33113.92-1.30WELL ahead
2025-05-1690.24112.46-1.23WELL ahead
2025-05-1589.17111.08-1.24WELL ahead
2025-05-1487.84108.44-1.19WELL ahead
2025-05-1389.55109.86-1.16WELL ahead
2025-05-1290.07110.13-1.14WELL ahead
2025-05-0987.27112.81-1.51WELL ahead
2025-05-0886.11112.11-1.57WELL ahead
2025-05-0785.75114.44-1.75WELL ahead
2025-05-0685.31113.81-1.76WELL ahead
2025-05-0585.98114.13-1.75WELL ahead
2025-05-0286.05113.97-1.75WELL ahead
2025-05-0184.15113.68-1.90WELL ahead
2025-04-3083.43115.39-2.08WELL ahead
2025-04-2984.16114.55-2.00WELL ahead
2025-04-2884.34112.71-1.90WELL ahead
2025-04-2583.46111.13-1.89WELL ahead
2025-04-2484.38111.73-1.87WELL ahead
2025-04-2382.84111.65-2.01WELL ahead
2025-04-2281.59111.35-2.12WELL ahead
2025-04-2180.51108.63-2.07WELL ahead
2025-04-1783.35111.37-2.01WELL ahead
2025-04-1681.87110.13-2.07WELL ahead
2025-04-1580.39110.85-2.26WELL ahead
2025-04-1480.24110.10-2.24WELL ahead
2025-04-1178.56107.89-2.26WELL ahead
2025-04-1077.46107.24-2.33WELL ahead
2025-04-0980.18106.99-2.09WELL ahead
2025-04-0873.27103.21-2.48WELL ahead
2025-04-0777.16104.97-2.26WELL ahead
2025-04-0480.19108.36-2.23WELL ahead
2025-04-0382.93115.27-2.43WELL ahead
2025-04-0291.71115.76-1.80WELL ahead
2025-04-0190.98116.57-1.91WELL ahead
2025-03-3191.26115.86-1.85WELL ahead
2025-03-2890.16116.02-1.95WELL ahead
2025-03-2790.41113.37-1.79WELL ahead
2025-03-2690.72113.32-1.78WELL ahead
2025-03-2589.17112.05-1.82WELL ahead
2025-03-2490.01113.31-1.85WELL ahead
2025-03-2188.51110.80-1.82WELL ahead
2025-03-2091.49111.83-1.68WELL ahead
2025-03-1992.22112.49-1.67WELL ahead
2025-03-1891.74113.41-1.76WELL ahead
2025-03-1793.42114.38-1.71WELL ahead
2025-03-1491.34111.80-1.71WELL ahead
2025-03-1390.09110.32-1.73WELL ahead
2025-03-1294.47111.45-1.50WELL ahead
2025-03-1195.66111.38-1.42WELL ahead
2025-03-1096.22110.56-1.35WELL ahead
2025-03-0797.89111.50-1.30WELL ahead
2025-03-0698.20112.65-1.35WELL ahead
2025-03-05101.26117.10-1.40WELL ahead
2025-03-0499.41116.38-1.48WELL ahead
2025-03-03100.85118.62-1.52WELL ahead
2025-02-28101.16116.08-1.38WELL ahead
2025-02-27100.22114.58-1.37WELL ahead
2025-02-2699.72113.92-1.37WELL ahead
2025-02-25100.09114.75-1.40WELL ahead
2025-02-2498.56113.91-1.45WELL ahead
2025-02-2198.75112.36-1.37WELL ahead
2025-02-2098.69113.67-1.45WELL ahead
2025-02-1999.29113.21-1.40WELL ahead
2025-02-1899.03114.04-1.47WELL ahead
2025-02-1498.65113.41-1.47WELL ahead
2025-02-1398.69114.52-1.53WELL ahead
2025-02-1297.77110.78-1.40WELL ahead
2025-02-1199.40108.44-1.19WELL ahead
2025-02-1097.53108.22-1.29WELL ahead
2025-02-0795.80107.83-1.38WELL ahead
2025-02-0696.77107.68-1.32WELL ahead
2025-02-0596.96107.52-1.31WELL ahead
2025-02-0496.58105.01-1.21WELL ahead
2025-02-0396.20106.16-1.30WELL ahead
2025-01-3197.35103.21-1.09WELL ahead
2025-01-3098.49103.74-1.06WELL ahead
2025-01-2997.28102.03-1.04WELL ahead
2025-01-2898.13103.71-1.09WELL ahead
2025-01-2798.98104.70-1.10WELL ahead
2025-01-2497.09103.41-1.15WELL ahead
2025-01-2396.77100.00-0.99WELL ahead
2025-01-2293.9899.18-1.11WELL ahead
2025-01-2195.73101.08-1.12WELL ahead
2025-01-1789.3797.81-1.33WELL ahead
2025-01-1690.5697.35-1.24WELL ahead
2025-01-1588.0495.73-1.31WELL ahead
2025-01-1488.2695.94-1.32WELL ahead
2025-01-1386.0295.07-1.42WELL ahead
2025-01-1084.5694.36-1.48WELL ahead
2025-01-0886.1295.64-1.47WELL ahead
2025-01-0787.0093.95-1.32WELL ahead
2025-01-0687.0793.81-1.32WELL ahead
2025-01-0386.2395.15-1.46WELL ahead
2025-01-0285.1194.31-1.50WELL ahead
2024-12-3186.2995.30-1.49WELL ahead
2024-12-3085.8094.46-1.48WELL ahead
2024-12-2785.9194.53-1.49WELL ahead
2024-12-2687.2695.58-1.48WELL ahead
2024-12-2485.4795.73-1.61WELL ahead
2024-12-2385.0194.99-1.61WELL ahead
2024-12-2084.3494.25-1.63WELL ahead
2024-12-1982.7893.60-1.71WELL ahead
2024-12-1884.8294.97-1.67WELL ahead
2024-12-1788.8797.72-1.58WELL ahead
2024-12-1688.8797.32-1.57WELL ahead
2024-12-1390.7297.64-1.50WELL ahead
2024-12-1291.1497.13-1.45WELL ahead
2024-12-1191.4097.24-1.46WELL ahead
2024-12-1092.3797.75-1.44WELL ahead
2024-12-0994.2297.89-1.35WELL ahead
2024-12-0691.4399.34-1.61WELL ahead
2024-12-0592.89100.28-1.59WELL ahead
2024-12-0493.92101.02-1.59WELL ahead
2024-12-0395.02100.46-1.51WELL ahead
2024-12-0294.56101.35-1.60WELL ahead
2024-11-2995.33104.49-1.74WELL ahead
2024-11-2796.16105.34-1.76WELL ahead
2024-11-2694.83105.08-1.84WELL ahead
2024-11-2596.38102.65-1.63WELL ahead
2024-11-2294.53104.29-1.85WELL ahead
2024-11-2193.04104.26-1.97WELL ahead
2024-11-2093.50103.90-1.94WELL ahead
2024-11-1993.98104.49-1.97WELL ahead
2024-11-1893.59103.61-1.97WELL ahead
2024-11-1592.59102.86-2.01WELL ahead
2024-11-1493.67101.65-1.90WELL ahead
2024-11-1395.16102.05-1.85WELL ahead
2024-11-1292.04102.81-2.12WELL ahead
2024-11-1193.14104.08-2.15WELL ahead
2024-11-0894.56104.51-2.11WELL ahead
2024-11-0793.23103.54-2.17WELL ahead
2024-11-0692.85101.08-2.07WELL ahead
2024-11-0593.41102.18-2.12WELL ahead
2024-11-0492.95101.57-2.15WELL ahead
2024-11-0192.57100.78-2.15WELL ahead
2024-10-3192.20102.00-2.29WELL ahead
2024-10-3094.59104.70-2.32WELL ahead
2024-10-2994.13103.86-2.34WELL ahead
2024-10-2896.1798.74-1.88WELL ahead
2024-10-2595.9598.46-1.90WELL ahead
2024-10-2498.2899.85-1.85WELL ahead
2024-10-2398.6499.64-1.83WELL ahead
2024-10-2297.0998.37-1.87WELL ahead
2024-10-2196.1498.35-1.96WELL ahead
2024-10-18100.00100.00-1.83WELL ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Oct 29, 2024 (PLD -2.1%, WELL +5.2%); Apr 3, 2025 (PLD -9.6%, WELL -0.4%). Upcoming earnings: WELL Oct 26, 2026 (after-hours).

Paired trades

The shared paper book and the replay, kept apart

Forward paper record

No paper position on this pair yet.

Historical simulation (a diagnostic, same rules)

No simulated trade through Oct 20, 2026: the pair rarely passed every test while 2 standard deviations apart.

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

PLD and WELL at a glance

PLD Prologis Inc.

Listing
NYSE · SEC CIK 1045609
Industry
Real Estate Investment Trusts · SIC 6798 Real Estate Investment Trusts
Market value
$117.6B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

WELL Welltower Inc.

Listing
NYSE · SEC CIK 766704
Industry
Real Estate Investment Trusts · SIC 6798 Real Estate Investment Trusts
Market value
$168.3B
Price history
2,520 daily closes, Oct 12, 2016 to Oct 22, 2026

Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.

Related
All pairs →
PairStatusAhead nowIndustry
WELL / EQIXWatchlistWELL by 1.28 sdReal Estate Investment Trusts
PLD / EQIXWatchlistEQIX by 0.71 sdReal Estate Investment Trusts

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Paper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.