BDN vs LFT: Correlation
Measured on weekly returns over the past three years, Brandywine Realty Trust (BDN) and Lument Finance Trust, Inc. (LFT) carry a correlation of 0.40, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BDN and LFT?
On 3 years of weekly data the BDN/LFT correlation comes out at 0.40, moderate. The past 12 months show a tighter link (0.51) than the 3-year average (0.40). The 5-year figure is 0.36, and annualized covariance runs at 525.0 %².
Within BDN's tracked universe of 13 assets, LFT comes in at #8 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BDN ahead by 44.7 points (-18.3% versus -63.0%).
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 LFT: side by side
| BDN (Brandywine Realty Trust) | LFT (Lument Finance Trust, Inc.) | |
|---|---|---|
| 1-year return | -18.3% | -63.0% |
| 5-year return | -61.3% | -67.7% |
| Volatility (ann.) | 40.3% | 32.8% |
| Beta vs S&P 500 | 1.01 | 0.41 |
| Max drawdown (3Y) | -56.3% | -75.1% |
| Market cap | $0.5B | – |
| P/E (trailing) | – | – |
| Dividend yield | 9.94% | 21.82% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BDN | LFT |
|---|---|---|
| 2022 | -50.7% | -45.1% |
| 2023 | +1.7% | +38.6% |
| 2024 | +17.1% | +29.4% |
| 2025 | -41.3% | -39.3% |
| 2026 | +15.3% | -44.4% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BDN and LFT good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between BDN and LFT?
The BDN/LFT correlation stands at 0.40 on a 3-year window (1 year: 0.51, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is LFT a good diversifier for BDN?
Yes, to a useful degree: a correlation of 0.40 leaves real independence between the two, which historically damped combined volatility.
What does a correlation of 0.40 mean?
On the −1 to +1 scale, 0.40 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/bdn-vs-lft.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bdn-vs-lft/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BDN correlations · LFT correlations
