BRX vs IVT: Correlation
Brixmor Property Group Inc. (BRX) and InvenTrust Properties Corp. (IVT) show a strong relationship: their 3-year correlation of weekly returns is 0.78.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRX and IVT?
Across a 3-year window, the weekly returns of BRX and IVT correlate at 0.78, strong. Little has changed lately, as the 1-year reading of 0.81 lands near the 3-year figure. Stretching to 5 years gives 0.03, with an annualized covariance of 291.4 %².
Within BRX's tracked universe of 25 assets, IVT comes in at #9 by 3-year correlation. On 12-month performance IVT holds a 5.1-point edge, +8.4% against +13.5%.
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 IVT: side by side
| BRX (Brixmor Property Group Inc.) | IVT (InvenTrust Properties Corp.) | |
|---|---|---|
| 1-year return | +8.4% | +13.5% |
| 5-year return | +55.9% | +2915.1% |
| Volatility (ann.) | 20.7% | 18.1% |
| Beta vs S&P 500 | 0.56 | 0.34 |
| Max drawdown (3Y) | -22.4% | -15.7% |
| Market cap | $8.9B | $2.5B |
| P/E (trailing) | 20.9 | 171.8 |
| Dividend yield | 4.12% | 2.98% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRX | IVT |
|---|---|---|
| 2022 | -6.8% | -10.3% |
| 2023 | +7.7% | +11.0% |
| 2024 | +25.2% | +23.0% |
| 2025 | -1.7% | -3.2% |
| 2026 | +14.7% | +17.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRX and IVT good diversifiers for each other?
To a limited degree. At 0.78 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between BRX and IVT?
The BRX/IVT correlation stands at 0.78 on a 3-year window (1 year: 0.81, 5 years: 0.03), computed from weekly returns as of 2026-08-27.
Is IVT a good diversifier for BRX?
To a limited degree. At 0.78 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.78 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
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Related comparisons
Hubs: BRX correlations · IVT correlations
