AHRT vs UE: Correlation
AH Realty Trust, Inc. (AHRT) and Urban Edge Properties (UE) show a strong relationship: their 3-year correlation of weekly returns is 0.60.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AHRT and UE?
Over the past 3 years, AHRT and UE moved with a correlation of 0.60, which is strong. Lately the two have drifted apart, with the 1-year correlation at 0.41 versus 0.60 over 3 years. Over 5 years the correlation is 0.67, and the annualized covariance of weekly returns is 386.3 %².
Among the 13 assets we track against AHRT, UE ranks #4 by 3-year correlation. On 12-month performance UE holds a 6.4-point edge, +0.5% against +6.9%.
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.
AHRT vs UE: side by side
| AHRT (AH Realty Trust, Inc.) | UE (Urban Edge Properties) | |
|---|---|---|
| 1-year return | +0.5% | +6.9% |
| 5-year return | -29.6% | +37.5% |
| Volatility (ann.) | 27.4% | 23.3% |
| Beta vs S&P 500 | 0.82 | 0.70 |
| Max drawdown (3Y) | -52.0% | -29.7% |
| Market cap | $0.6B | $2.9B |
| P/E (trailing) | – | 40.2 |
| Dividend yield | 8.35% | 3.73% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AHRT | UE |
|---|---|---|
| 2022 | -19.9% | -22.8% |
| 2023 | +15.0% | +35.3% |
| 2024 | -10.8% | +21.7% |
| 2025 | -30.0% | -7.2% |
| 2026 | +4.9% | +13.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AHRT and UE good diversifiers for each other?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between AHRT and UE?
The AHRT/UE correlation stands at 0.60 on a 3-year window (1 year: 0.41, 5 years: 0.67), computed from weekly returns as of 2026-08-27.
Is UE a good diversifier for AHRT?
Somewhat, no more. With 0.60 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.60 mean?
On the −1 to +1 scale, 0.60 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ahrt-vs-ue.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/ahrt-vs-ue/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: AHRT correlations · UE correlations
