BRX vs TJX: Correlation
Brixmor Property Group Inc. (BRX) and TJX Companies (TJX) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRX and TJX?
Across a 3-year window, the weekly returns of BRX and TJX correlate at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.40) sits close to the 3-year figure. Stretching to 5 years gives 0.54, with an annualized covariance of 177.5 %².
By 3-year correlation, TJX places #17 of the 25 assets tracked against BRX. On 12-month performance BRX holds a 9.4-point edge, +8.4% against -1.0%.
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 TJX: side by side
| BRX (Brixmor Property Group Inc.) | TJX (TJX Companies) | |
|---|---|---|
| 1-year return | +8.4% | -1.0% |
| 5-year return | +55.9% | +98.2% |
| Volatility (ann.) | 20.7% | 18.3% |
| Beta vs S&P 500 | 0.56 | 0.45 |
| Max drawdown (3Y) | -22.4% | -20.1% |
| Market cap | $8.9B | $148.3B |
| P/E (trailing) | 20.9 | 24.9 |
| Dividend yield | 4.12% | 1.32% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | BRX | TJX |
|---|---|---|
| 2022 | -6.8% | +6.7% |
| 2023 | +7.7% | +19.7% |
| 2024 | +25.2% | +30.6% |
| 2025 | -1.7% | +28.7% |
| 2026 | +14.7% | -11.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRX and TJX good diversifiers for each other?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BRX and TJX?
As of 2026-08-27, the correlation of weekly returns between BRX and TJX is 0.47 over 3 years, 0.40 over 1 year and 0.54 over 5 years.
Is TJX a good diversifier for BRX?
A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.47 mean?
A reading of 0.47 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-tjx.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/brx-vs-tjx/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BRX correlations · TJX correlations
