BRX vs PECO: Correlation
Brixmor Property Group Inc. (BRX) and Phillips Edison & Company, Inc. (PECO) show a strong relationship: their 3-year correlation of weekly returns is 0.77.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRX and PECO?
On 3 years of weekly data the BRX/PECO correlation comes out at 0.77, strong. The relationship has been stable: the 1-year correlation (0.82) sits close to the 3-year figure. The 5-year figure is 0.72, and annualized covariance runs at 272.7 %².
Among the 25 assets we track against BRX, PECO ranks #10 by 3-year correlation. The trailing year gives PECO the advantage: +8.4% versus +17.0%, a 8.6-point spread.
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 PECO: side by side
| BRX (Brixmor Property Group Inc.) | PECO (Phillips Edison & Company, Inc.) | |
|---|---|---|
| 1-year return | +8.4% | +17.0% |
| 5-year return | +55.9% | +53.8% |
| Volatility (ann.) | 20.7% | 17.2% |
| Beta vs S&P 500 | 0.56 | 0.28 |
| Max drawdown (3Y) | -22.4% | -15.8% |
| Market cap | $8.9B | $5.5B |
| P/E (trailing) | 20.9 | 34.4 |
| Dividend yield | 4.12% | 3.25% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | BRX | PECO |
|---|---|---|
| 2022 | -6.8% | -0.3% |
| 2023 | +7.7% | +18.5% |
| 2024 | +25.2% | +6.2% |
| 2025 | -1.7% | -1.6% |
| 2026 | +14.7% | +12.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRX and PECO good diversifiers for each other?
To a limited degree. At 0.77 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 PECO?
Using weekly returns as of 2026-08-27: 0.77 over 3 years, with 0.82 over the last year and 0.72 over 5 years.
Is PECO a good diversifier for BRX?
To a limited degree. At 0.77 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 0.77 mean?
On the −1 to +1 scale, 0.77 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-peco.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brx-vs-peco/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRX correlations · PECO correlations
