ABR vs FBLG: Correlation
Measured on weekly returns over the past three years, Arbor Realty Trust (ABR) and FibroBiologics, Inc. (FBLG) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABR and FBLG?
Over the past 3 years, ABR and FBLG moved with a correlation of 0.40, which is moderate. The relationship has been stable: the 1-year correlation (0.39) sits close to the 3-year figure. Over 5 years the correlation is n/a, and the annualized covariance of weekly returns is 2113.6 %².
Within ABR's tracked universe of 12 assets, FBLG comes in at #6 by 3-year correlation. Correlation aside, the last 12 months split them widely, with ABR ahead by 36.1 points (-51.5% versus -87.6%). Note the risk asymmetry: FBLG runs 4.2 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
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.
ABR vs FBLG: side by side
| ABR (Arbor Realty Trust) | FBLG (FibroBiologics, Inc.) | |
|---|---|---|
| 1-year return | -51.5% | -87.6% |
| 5-year return | -50.7% | n/a |
| Volatility (ann.) | 36.0% | 150.1% |
| Beta vs S&P 500 | 0.73 | 0.40 |
| Max drawdown (3Y) | -62.0% | -99.9% |
| Market cap | $1.0B | – |
| P/E (trailing) | 55.9 | – |
| Dividend yield | 18.58% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABR | FBLG |
|---|---|---|
| 2022 | -20.7% | – |
| 2023 | +29.7% | – |
| 2024 | +3.2% | – |
| 2025 | -36.7% | -88.8% |
| 2026 | -28.5% | -66.9% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABR and FBLG good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between ABR and FBLG?
As of 2026-08-27, the correlation of weekly returns between ABR and FBLG is 0.40 over 3 years, 0.39 over 1 year and n/a over 5 years.
Is FBLG a good diversifier for ABR?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
A reading of 0.40 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abr-vs-fblg.json
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[](https://www.pairbook.io/pair/abr-vs-fblg/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: ABR correlations · FBLG correlations
