BXP vs CUZ: Correlation
BXP, Inc. (BXP) and Cousins Properties Incorporated (CUZ) show a very strong relationship: their 3-year correlation of weekly returns is 0.80.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BXP and CUZ?
Across a 3-year window, the weekly returns of BXP and CUZ correlate at 0.80, very strong, meaning they move nearly in lockstep. The link has loosened recently: the 1-year correlation (0.64) runs below the 3-year figure (0.80). Stretching to 5 years gives 0.84, with an annualized covariance of 735.9 %².
By 3-year correlation, CUZ places #6 of the 45 assets tracked against BXP. Twelve-month performance is nearly a tie, at +2.9% for BXP and +7.0% for CUZ.
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.
BXP vs CUZ: side by side
| BXP (BXP, Inc.) | CUZ (Cousins Properties Incorporated) | |
|---|---|---|
| 1-year return | +2.9% | +7.0% |
| 5-year return | -18.9% | -3.8% |
| Volatility (ann.) | 33.1% | 27.6% |
| Beta vs S&P 500 | 1.02 | 0.82 |
| Max drawdown (3Y) | -39.0% | -29.4% |
| Market cap | $12.7B | $4.9B |
| P/E (trailing) | 37.8 | 737.2 |
| Dividend yield | 3.98% | 4.32% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | BXP | CUZ |
|---|---|---|
| 2022 | -38.6% | -34.7% |
| 2023 | +11.0% | +2.0% |
| 2024 | +12.3% | +32.6% |
| 2025 | -4.7% | -12.1% |
| 2026 | +6.2% | +18.7% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BXP and CUZ good diversifiers for each other?
No: a correlation of 0.80 means BXP and CUZ tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between BXP and CUZ?
The BXP/CUZ correlation stands at 0.80 on a 3-year window (1 year: 0.64, 5 years: 0.84), computed from weekly returns as of 2026-08-27.
Is CUZ a good diversifier for BXP?
No: a correlation of 0.80 means BXP and CUZ tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.80 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/bxp-vs-cuz.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bxp-vs-cuz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BXP correlations · CUZ correlations
