CBRE vs FBIN: Correlation
Measured on weekly returns over the past three years, CBRE Group (CBRE) and Fortune Brands Innovations, Inc. (FBIN) carry a correlation of 0.63, a strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBRE and FBIN?
Over the past 3 years, CBRE and FBIN moved with a correlation of 0.63, which is strong. Recent behaviour matches the longer record: 0.55 over 1 year against 0.63 over 3. Over 5 years the correlation is 0.64, and the annualized covariance of weekly returns is 744.2 %².
Within CBRE's tracked universe of 41 assets, FBIN comes in at #15 by 3-year correlation. On 12-month performance CBRE holds a 12.4-point edge, -9.7% against -22.1%.
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.
CBRE vs FBIN: side by side
| CBRE (CBRE Group) | FBIN (Fortune Brands Innovations, Inc.) | |
|---|---|---|
| 1-year return | -9.7% | -22.1% |
| 5-year return | +53.3% | -42.9% |
| Volatility (ann.) | 30.4% | 38.8% |
| Beta vs S&P 500 | 1.04 | 1.29 |
| Max drawdown (3Y) | -27.4% | -61.9% |
| Market cap | $42.6B | $5.4B |
| P/E (trailing) | 34.4 | 37.4 |
| Dividend yield | 0.00% | 2.20% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | CBRE | FBIN |
|---|---|---|
| 2022 | -29.1% | -36.5% |
| 2023 | +21.0% | +35.2% |
| 2024 | +41.0% | -9.1% |
| 2025 | +22.5% | -25.4% |
| 2026 | -8.4% | -7.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBRE and FBIN good diversifiers for each other?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between CBRE and FBIN?
Using weekly returns as of 2026-08-27: 0.63 over 3 years, with 0.55 over the last year and 0.64 over 5 years.
Is FBIN a good diversifier for CBRE?
Somewhat, no more. With 0.63 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.63 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/cbre-vs-fbin.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cbre-vs-fbin/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CBRE correlations · FBIN correlations
