AKR vs ITIC: Correlation
How closely do Acadia Realty Trust (AKR) and Investors Title Company (ITIC) trade together? Their weekly returns over three years give a correlation of 0.54, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKR and ITIC?
Over the past 3 years, AKR and ITIC moved with a correlation of 0.54, which is moderate. The relationship has been stable: the 1-year correlation (0.51) sits close to the 3-year figure. Over 5 years the correlation is 0.54, and the annualized covariance of weekly returns is 447.2 %².
Within AKR's tracked universe of 17 assets, ITIC comes in at #11 by 3-year correlation. The last year tells two different stories: ITIC led by 18.9 percentage points, +9.0% for AKR against +27.9% for ITIC.
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.
AKR vs ITIC: side by side
| AKR (Acadia Realty Trust) | ITIC (Investors Title Company) | |
|---|---|---|
| 1-year return | +9.0% | +27.9% |
| 5-year return | +21.0% | +107.1% |
| Volatility (ann.) | 24.9% | 33.1% |
| Beta vs S&P 500 | 0.71 | 0.67 |
| Max drawdown (3Y) | -31.8% | -28.9% |
| Market cap | $3.0B | $0.6B |
| P/E (trailing) | 59.7 | 14.3 |
| Dividend yield | 3.80% | 0.60% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | AKR | ITIC |
|---|---|---|
| 2022 | -31.2% | -22.8% |
| 2023 | +24.4% | +14.3% |
| 2024 | +47.7% | +55.0% |
| 2025 | -11.5% | +9.7% |
| 2026 | +3.8% | +22.3% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKR and ITIC good diversifiers for each other?
Only partially. A correlation of 0.54 means AKR and ITIC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between AKR and ITIC?
Using weekly returns as of 2026-08-27: 0.54 over 3 years, with 0.51 over the last year and 0.54 over 5 years.
Is ITIC a good diversifier for AKR?
Only partially. A correlation of 0.54 means AKR and ITIC share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 mean?
A reading of 0.54 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/akr-vs-itic.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/akr-vs-itic/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: AKR correlations · ITIC correlations
