BXP vs RDI: Correlation
Measured on weekly returns over the past three years, BXP, Inc. (BXP) and Reading International Inc - Class A Non-voting (RDI) carry a correlation of 0.33, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BXP and RDI?
On 3 years of weekly data the BXP/RDI correlation comes out at 0.33, moderate. Recent behaviour matches the longer record: 0.31 over 1 year against 0.33 over 3. The 5-year figure is 0.35, and annualized covariance runs at 480.0 %².
By 3-year correlation, RDI places #34 of the 45 assets tracked against BXP. The last year tells two different stories: RDI led by 33.5 percentage points, +2.9% for BXP against +36.4% for RDI.
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 RDI: side by side
| BXP (BXP, Inc.) | RDI (Reading International Inc - Class A Non-voting) | |
|---|---|---|
| 1-year return | +2.9% | +36.4% |
| 5-year return | -18.9% | -57.8% |
| Volatility (ann.) | 33.1% | 44.2% |
| Beta vs S&P 500 | 1.02 | 0.26 |
| Max drawdown (3Y) | -39.0% | -58.5% |
| Market cap | $12.7B | – |
| P/E (trailing) | 37.8 | – |
| Dividend yield | 3.98% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | BXP | RDI |
|---|---|---|
| 2022 | -38.6% | -31.4% |
| 2023 | +11.0% | -31.0% |
| 2024 | +12.3% | -30.9% |
| 2025 | -4.7% | -20.5% |
| 2026 | +6.2% | +100.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BXP and RDI good diversifiers for each other?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between BXP and RDI?
As of 2026-08-27, the correlation of weekly returns between BXP and RDI is 0.33 over 3 years, 0.31 over 1 year and 0.35 over 5 years.
Is RDI a good diversifier for BXP?
A fair diversifier. At 0.33, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.33 mean?
A reading of 0.33 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/bxp-vs-rdi.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/bxp-vs-rdi/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: BXP correlations · RDI correlations
