ARE vs FLWS: Correlation
Measured on weekly returns over the past three years, Alexandria Real Estate Equities (ARE) and 1-800-FLOWERS.COM, Inc. (FLWS) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are ARE and FLWS?
Across a 3-year window, the weekly returns of ARE and FLWS correlate at 0.53, moderate. Recent behaviour matches the longer record: 0.55 over 1 year against 0.53 over 3. Stretching to 5 years gives 0.43, with an annualized covariance of 1179.0 %².
Among the 34 assets we track against ARE, FLWS ranks #19 by 3-year correlation. Their 12-month results are close: -32.1% for ARE against -33.2% for FLWS. Risk is not evenly split, since FLWS carries 1.5 times the volatility of the other side.
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.
ARE vs FLWS: side by side
| ARE (Alexandria Real Estate Equities) | FLWS (1-800-FLOWERS.COM, Inc.) | |
|---|---|---|
| 1-year return | -32.1% | -33.2% |
| 5-year return | -68.3% | -88.4% |
| Volatility (ann.) | 38.3% | 57.7% |
| Beta vs S&P 500 | 0.91 | 1.81 |
| Max drawdown (3Y) | -65.6% | -73.4% |
| Market cap | $9.0B | $0.2B |
| P/E (trailing) | – | – |
| Dividend yield | 6.57% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | ARE | FLWS |
|---|---|---|
| 2022 | -32.6% | -59.1% |
| 2023 | -9.1% | +12.8% |
| 2024 | -19.4% | -24.2% |
| 2025 | -46.6% | -51.9% |
| 2026 | +9.9% | -4.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are ARE and FLWS good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between ARE and FLWS?
Using weekly returns as of 2026-08-27: 0.53 over 3 years, with 0.55 over the last year and 0.43 over 5 years.
Is FLWS a good diversifier for ARE?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
On the −1 to +1 scale, 0.53 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/are-vs-flws.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/are-vs-flws/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: ARE correlations · FLWS correlations
