ADC vs REG: Correlation
How closely do Agree Realty Corporation (ADC) and Regency Centers (REG) trade together? Their weekly returns over three years give a correlation of 0.70, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ADC and REG?
On 3 years of weekly data the ADC/REG correlation comes out at 0.70, strong. Recent behaviour matches the longer record: 0.75 over 1 year against 0.70 over 3. The 5-year figure is 0.64, and annualized covariance runs at 207.5 %².
Among the 22 assets we track against ADC, REG ranks #8 by 3-year correlation. Neither side won the trailing year by much: +4.9% against +8.4%.
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.
ADC vs REG: side by side
| ADC (Agree Realty Corporation) | REG (Regency Centers) | |
|---|---|---|
| 1-year return | +4.9% | +8.4% |
| 5-year return | +21.4% | +35.2% |
| Volatility (ann.) | 16.6% | 17.8% |
| Beta vs S&P 500 | 0.09 | 0.34 |
| Max drawdown (3Y) | -13.0% | -15.1% |
| Market cap | $9.1B | $14.1B |
| P/E (trailing) | 39.8 | 25.5 |
| Dividend yield | 4.26% | 3.89% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | ADC | REG |
|---|---|---|
| 2022 | +3.5% | -13.6% |
| 2023 | -7.1% | +11.9% |
| 2024 | +17.2% | +14.9% |
| 2025 | +6.6% | -2.8% |
| 2026 | +4.1% | +11.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ADC and REG good diversifiers for each other?
Somewhat, no more. With 0.70 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ADC and REG?
Using weekly returns as of 2026-08-27: 0.70 over 3 years, with 0.75 over the last year and 0.64 over 5 years.
Is REG a good diversifier for ADC?
Somewhat, no more. With 0.70 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.70 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/adc-vs-reg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/adc-vs-reg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: ADC correlations · REG correlations
