ABR vs FBRT: Correlation
How closely do Arbor Realty Trust (ABR) and Franklin BSP Realty Trust, Inc. (FBRT) trade together? Their weekly returns over three years give a correlation of 0.51, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ABR and FBRT?
On 3 years of weekly data the ABR/FBRT correlation comes out at 0.51, moderate. Little has changed lately, as the 1-year reading of 0.46 lands near the 3-year figure. The 5-year figure is 0.53, and annualized covariance runs at 415.3 %².
Few assets follow ABR as closely as FBRT, which ranks #3 of 12 tracked partners. Their recent paths diverged sharply: over the last 12 months FBRT outperformed by 34.4 percentage points (-51.5% for ABR against -17.1% for FBRT). One caveat on sizing: ABR is 1.6 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 FBRT: side by side
| ABR (Arbor Realty Trust) | FBRT (Franklin BSP Realty Trust, Inc.) | |
|---|---|---|
| 1-year return | -51.5% | -17.1% |
| 5-year return | -50.7% | -17.6% |
| Volatility (ann.) | 36.0% | 22.5% |
| Beta vs S&P 500 | 0.73 | 0.59 |
| Max drawdown (3Y) | -62.0% | -33.7% |
| Market cap | $1.0B | $0.7B |
| P/E (trailing) | 55.9 | 19.5 |
| Dividend yield | 18.58% | 13.14% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | ABR | FBRT |
|---|---|---|
| 2022 | -20.7% | -3.9% |
| 2023 | +29.7% | +16.6% |
| 2024 | +3.2% | +3.7% |
| 2025 | -36.7% | -9.2% |
| 2026 | -28.5% | -12.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ABR and FBRT good diversifiers for each other?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ABR and FBRT?
As of 2026-08-27, the correlation of weekly returns between ABR and FBRT is 0.51 over 3 years, 0.46 over 1 year and 0.53 over 5 years.
Is FBRT a good diversifier for ABR?
Somewhat, no more. With 0.51 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.51 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/abr-vs-fbrt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/abr-vs-fbrt/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ABR correlations · FBRT correlations
