BRX vs TMUS: Correlation
How closely do Brixmor Property Group Inc. (BRX) and T-Mobile US (TMUS) trade together? Their weekly returns over three years give a correlation of 0.36, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BRX and TMUS?
Across a 3-year window, the weekly returns of BRX and TMUS correlate at 0.36, moderate. The link has loosened recently: the 1-year correlation (0.24) runs below the 3-year figure (0.36). Stretching to 5 years gives 0.39, with an annualized covariance of 182.6 %².
TMUS is close to the least connected end of BRX's tracked universe, ranking #21 of 25. Correlation aside, the last 12 months split them widely, with BRX ahead by 36.4 points (+8.4% versus -28.0%).
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 TMUS: side by side
| BRX (Brixmor Property Group Inc.) | TMUS (T-Mobile US) | |
|---|---|---|
| 1-year return | +8.4% | -28.0% |
| 5-year return | +55.9% | +34.8% |
| Volatility (ann.) | 20.7% | 24.6% |
| Beta vs S&P 500 | 0.56 | 0.36 |
| Max drawdown (3Y) | -22.4% | -37.1% |
| Market cap | $8.9B | $190.7B |
| P/E (trailing) | 20.9 | 18.8 |
| Dividend yield | 4.12% | 2.27% |
| Sector / category | US Listed | Communication Services |
Year-by-year returns
| Year | BRX | TMUS |
|---|---|---|
| 2022 | -6.8% | +20.7% |
| 2023 | +7.7% | +15.0% |
| 2024 | +25.2% | +39.7% |
| 2025 | -1.7% | -6.6% |
| 2026 | +14.7% | -11.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BRX and TMUS good diversifiers for each other?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BRX and TMUS?
Using weekly returns as of 2026-08-27: 0.36 over 3 years, with 0.24 over the last year and 0.39 over 5 years.
Is TMUS a good diversifier for BRX?
A fair diversifier. At 0.36, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.36 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.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/brx-vs-tmus.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/brx-vs-tmus/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: BRX correlations · TMUS correlations
