BRX vs FRT: Correlation
Measured on weekly returns over the past three years, Brixmor Property Group Inc. (BRX) and Federal Realty Investment Trust (FRT) carry a correlation of 0.81, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRX and FRT?
Across a 3-year window, the weekly returns of BRX and FRT correlate at 0.81, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.82) sits close to the 3-year figure. Stretching to 5 years gives 0.84, with an annualized covariance of 326.3 %².
Within BRX's tracked universe of 25 assets, FRT comes in at #4 by 3-year correlation. On 12-month performance FRT holds a 13.2-point edge, +8.4% against +21.6%.
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 FRT: side by side
| BRX (Brixmor Property Group Inc.) | FRT (Federal Realty Investment Trust) | |
|---|---|---|
| 1-year return | +8.4% | +21.6% |
| 5-year return | +55.9% | +18.8% |
| Volatility (ann.) | 20.7% | 19.5% |
| Beta vs S&P 500 | 0.56 | 0.53 |
| Max drawdown (3Y) | -22.4% | -27.4% |
| Market cap | $8.9B | $10.2B |
| P/E (trailing) | 20.9 | 23.6 |
| Dividend yield | 4.12% | 3.84% |
| Sector / category | US Listed | Real Estate |
Year-by-year returns
| Year | BRX | FRT |
|---|---|---|
| 2022 | -6.8% | -22.7% |
| 2023 | +7.7% | +6.6% |
| 2024 | +25.2% | +12.1% |
| 2025 | -1.7% | -5.9% |
| 2026 | +14.7% | +19.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRX and FRT good diversifiers for each other?
No: a correlation of 0.81 means BRX and FRT tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between BRX and FRT?
Using weekly returns as of 2026-08-27: 0.81 over 3 years, with 0.82 over the last year and 0.84 over 5 years.
Is FRT a good diversifier for BRX?
No: a correlation of 0.81 means BRX and FRT tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.81 mean?
On the −1 to +1 scale, 0.81 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/brx-vs-frt.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brx-vs-frt/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRX correlations · FRT correlations
