BXP vs DEI: Correlation
BXP, Inc. (BXP) and Douglas Emmett, Inc. (DEI) 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 DEI?
On 3 years of weekly data the BXP/DEI correlation comes out at 0.80, very strong, meaning they move nearly in lockstep. Lately the two have drifted apart, with the 1-year correlation at 0.60 versus 0.80 over 3 years. The 5-year figure is 0.83, and annualized covariance runs at 946.9 %².
Among the 45 assets we track against BXP, DEI ranks #7 by 3-year correlation. Correlation aside, the last 12 months split them widely, with BXP ahead by 24.0 points (+2.9% versus -21.1%).
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 DEI: side by side
| BXP (BXP, Inc.) | DEI (Douglas Emmett, Inc.) | |
|---|---|---|
| 1-year return | +2.9% | -21.1% |
| 5-year return | -18.9% | -52.6% |
| Volatility (ann.) | 33.1% | 35.7% |
| Beta vs S&P 500 | 1.02 | 0.99 |
| Max drawdown (3Y) | -39.0% | -51.8% |
| Market cap | $12.7B | $2.4B |
| P/E (trailing) | 37.8 | – |
| Dividend yield | 3.98% | 6.35% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | BXP | DEI |
|---|---|---|
| 2022 | -38.6% | -50.9% |
| 2023 | +11.0% | -1.9% |
| 2024 | +12.3% | +34.6% |
| 2025 | -4.7% | -37.5% |
| 2026 | +6.2% | +12.1% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BXP and DEI good diversifiers for each other?
No: a correlation of 0.80 means BXP and DEI tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between BXP and DEI?
The BXP/DEI correlation stands at 0.80 on a 3-year window (1 year: 0.60, 5 years: 0.83), computed from weekly returns as of 2026-08-27.
Is DEI a good diversifier for BXP?
No: a correlation of 0.80 means BXP and DEI tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.80 mean?
On the −1 to +1 scale, 0.80 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/bxp-vs-dei.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/bxp-vs-dei/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BXP correlations · DEI correlations
