AKR vs REG: Correlation
Acadia Realty Trust (AKR) and Regency Centers (REG) show a strong relationship: their 3-year correlation of weekly returns is 0.76.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are AKR and REG?
Over the past 3 years, AKR and REG moved with a correlation of 0.76, which is strong. Recent behaviour matches the longer record: 0.68 over 1 year against 0.76 over 3. Over 5 years the correlation is 0.79, and the annualized covariance of weekly returns is 334.4 %².
Among the 17 assets we track against AKR, REG ranks #7 by 3-year correlation. Twelve-month performance is nearly a tie, at +9.0% for AKR and +8.4% for REG.
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 REG: side by side
| AKR (Acadia Realty Trust) | REG (Regency Centers) | |
|---|---|---|
| 1-year return | +9.0% | +8.4% |
| 5-year return | +21.0% | +35.2% |
| Volatility (ann.) | 24.9% | 17.8% |
| Beta vs S&P 500 | 0.71 | 0.34 |
| Max drawdown (3Y) | -31.8% | -15.1% |
| Market cap | $3.0B | $14.1B |
| P/E (trailing) | 59.7 | 25.5 |
| Dividend yield | 3.80% | 3.89% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | AKR | REG |
|---|---|---|
| 2022 | -31.2% | -13.6% |
| 2023 | +24.4% | +11.9% |
| 2024 | +47.7% | +14.9% |
| 2025 | -11.5% | -2.8% |
| 2026 | +3.8% | +11.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are AKR and REG good diversifiers for each other?
To a limited degree. At 0.76 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between AKR and REG?
As of 2026-08-27, the correlation of weekly returns between AKR and REG is 0.76 over 3 years, 0.68 over 1 year and 0.79 over 5 years.
Is REG a good diversifier for AKR?
To a limited degree. At 0.76 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.76 mean?
A reading of 0.76 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-reg.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/akr-vs-reg/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: AKR correlations · REG correlations
