BXP vs YHGJ: Correlation
BXP, Inc. (BXP) and Yunhong Green CTI Ltd. (YHGJ) show a negative relationship: their 3-year correlation of weekly returns is -0.12.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BXP and YHGJ?
On 3 years of weekly data the BXP/YHGJ correlation comes out at -0.12, negative, meaning they tend to move in opposite directions. Little has changed lately, as the 1-year reading of -0.16 lands near the 3-year figure. The 5-year figure is -0.00, and annualized covariance runs at -371.5 %².
Within BXP's tracked universe of 45 assets, YHGJ comes in at #36 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months BXP outperformed by 47.8 percentage points (+2.9% for BXP against -44.9% for YHGJ). One caveat on sizing: YHGJ is 2.7 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 YHGJ: side by side
| BXP (BXP, Inc.) | YHGJ (Yunhong Green CTI Ltd.) | |
|---|---|---|
| 1-year return | +2.9% | -44.9% |
| 5-year return | -18.9% | -85.6% |
| Volatility (ann.) | 33.1% | 90.5% |
| Beta vs S&P 500 | 1.02 | -0.69 |
| Max drawdown (3Y) | -39.0% | -91.7% |
| 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 | YHGJ |
|---|---|---|
| 2022 | -38.6% | -12.6% |
| 2023 | +11.0% | +105.8% |
| 2024 | +12.3% | -74.3% |
| 2025 | -4.7% | -34.0% |
| 2026 | +6.2% | -19.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BXP and YHGJ good diversifiers for each other?
Yes: at -0.12, the two have gone their own ways historically, which is what genuine diversification looks like.
FAQ
What is the correlation between BXP and YHGJ?
As of 2026-08-27, the correlation of weekly returns between BXP and YHGJ is -0.12 over 3 years, -0.16 over 1 year and -0.00 over 5 years.
Is YHGJ a good diversifier for BXP?
Yes: at -0.12, the two have gone their own ways historically, which is what genuine diversification looks like.
What does a correlation of -0.12 mean?
On the −1 to +1 scale, -0.12 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-yhgj.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/bxp-vs-yhgj/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BXP correlations · YHGJ correlations
