BRX vs T: Correlation
How closely do Brixmor Property Group Inc. (BRX) and AT&T (T) trade together? Their weekly returns over three years give a correlation of 0.38, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRX and T?
Over the past 3 years, BRX and T moved with a correlation of 0.38, which is moderate. The relationship has been stable: the 1-year correlation (0.29) sits close to the 3-year figure. Over 5 years the correlation is 0.36, and the annualized covariance of weekly returns is 173.9 %².
Among the 25 assets we track against BRX, T ranks #20 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BRX ahead by 16.8 points (+8.4% versus -8.4%).
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 T: side by side
| BRX (Brixmor Property Group Inc.) | T (AT&T) | |
|---|---|---|
| 1-year return | +8.4% | -8.4% |
| 5-year return | +55.9% | +67.2% |
| Volatility (ann.) | 20.7% | 22.4% |
| Beta vs S&P 500 | 0.56 | 0.05 |
| Max drawdown (3Y) | -22.4% | -28.9% |
| Market cap | $8.9B | $174.3B |
| P/E (trailing) | 20.9 | 8.4 |
| Dividend yield | 4.12% | 4.29% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | BRX | T |
|---|---|---|
| 2022 | -6.8% | +6.5% |
| 2023 | +7.7% | -2.7% |
| 2024 | +25.2% | +44.1% |
| 2025 | -1.7% | +14.0% |
| 2026 | +14.7% | +6.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRX and T good diversifiers for each other?
Reasonably. At 0.38, BRX and T keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BRX and T?
The BRX/T correlation stands at 0.38 on a 3-year window (1 year: 0.29, 5 years: 0.36), computed from weekly returns as of 2026-08-27.
Is T a good diversifier for BRX?
Reasonably. At 0.38, BRX and T keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.38 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 · T correlations
