BDN vs KRC: Correlation
How closely do Brandywine Realty Trust (BDN) and Kilroy Realty Corporation (KRC) trade together? Their weekly returns over three years give a correlation of 0.72, which is strong.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BDN and KRC?
On 3 years of weekly data the BDN/KRC correlation comes out at 0.72, strong. The past 12 months show a weaker link (0.47) than the 3-year average (0.72). The 5-year figure is 0.77, and annualized covariance runs at 1025.2 %².
Among the 13 assets we track against BDN, KRC ranks #4 by 3-year correlation. On 12-month performance KRC holds a 13.0-point edge, -18.3% against -5.3%.
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.
BDN vs KRC: side by side
| BDN (Brandywine Realty Trust) | KRC (Kilroy Realty Corporation) | |
|---|---|---|
| 1-year return | -18.3% | -5.3% |
| 5-year return | -61.3% | -26.0% |
| Volatility (ann.) | 40.3% | 35.5% |
| Beta vs S&P 500 | 1.01 | 1.02 |
| Max drawdown (3Y) | -56.3% | -35.3% |
| Market cap | $0.5B | $4.3B |
| P/E (trailing) | – | 25.8 |
| Dividend yield | 9.94% | 5.86% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BDN | KRC |
|---|---|---|
| 2022 | -50.7% | -39.2% |
| 2023 | +1.7% | +10.1% |
| 2024 | +17.1% | +7.8% |
| 2025 | -41.3% | -2.0% |
| 2026 | +15.3% | +1.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BDN and KRC good diversifiers for each other?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between BDN and KRC?
Using weekly returns as of 2026-08-27: 0.72 over 3 years, with 0.47 over the last year and 0.77 over 5 years.
Is KRC a good diversifier for BDN?
Somewhat, no more. With 0.72 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.72 mean?
A reading of 0.72 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/bdn-vs-krc.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bdn-vs-krc/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BDN correlations · KRC correlations
