BRX vs EIX: Correlation
How closely do Brixmor Property Group Inc. (BRX) and Edison International (EIX) trade together? Their weekly returns over three years give a correlation of 0.48, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRX and EIX?
Across a 3-year window, the weekly returns of BRX and EIX correlate at 0.48, moderate. Recent behaviour matches the longer record: 0.50 over 1 year against 0.48 over 3. Stretching to 5 years gives 0.48, with an annualized covariance of 258.0 %².
Within BRX's tracked universe of 25 assets, EIX comes in at #16 by 3-year correlation. Correlation aside, the last 12 months split them widely, with EIX ahead by 32.0 points (+8.4% versus +40.4%).
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.
BRX vs EIX: side by side
| BRX (Brixmor Property Group Inc.) | EIX (Edison International) | |
|---|---|---|
| 1-year return | +8.4% | +40.4% |
| 5-year return | +55.9% | +62.2% |
| Volatility (ann.) | 20.7% | 26.0% |
| Beta vs S&P 500 | 0.56 | 0.24 |
| Max drawdown (3Y) | -22.4% | -43.9% |
| Market cap | $8.9B | $28.4B |
| P/E (trailing) | 20.9 | 7.7 |
| Dividend yield | 4.12% | 4.64% |
| Sector / category | US Listed | Utilities |
Year-by-year returns
| Year | BRX | EIX |
|---|---|---|
| 2022 | -6.8% | -2.6% |
| 2023 | +7.7% | +17.4% |
| 2024 | +25.2% | +15.2% |
| 2025 | -1.7% | -20.4% |
| 2026 | +14.7% | +27.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRX and EIX good diversifiers for each other?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BRX and EIX?
Using weekly returns as of 2026-08-27: 0.48 over 3 years, with 0.50 over the last year and 0.48 over 5 years.
Is EIX a good diversifier for BRX?
A fair diversifier. At 0.48, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.48 mean?
A reading of 0.48 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/brx-vs-eix.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/brx-vs-eix/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRX correlations · EIX correlations
