CBRE vs MAT: Correlation
How closely do CBRE Group (CBRE) and Mattel, Inc. (MAT) trade together? Their weekly returns over three years give a correlation of 0.49, which is moderate.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CBRE and MAT?
Across a 3-year window, the weekly returns of CBRE and MAT correlate at 0.49, moderate. Recent behaviour matches the longer record: 0.59 over 1 year against 0.49 over 3. Stretching to 5 years gives 0.48, with an annualized covariance of 503.1 %².
Within CBRE's tracked universe of 41 assets, MAT comes in at #28 by 3-year correlation. On 12-month performance CBRE holds a 9.8-point edge, -9.7% against -19.5%.
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 MAT: side by side
| CBRE (CBRE Group) | MAT (Mattel, Inc.) | |
|---|---|---|
| 1-year return | -9.7% | -19.5% |
| 5-year return | +53.3% | -31.2% |
| Volatility (ann.) | 30.4% | 34.0% |
| Beta vs S&P 500 | 1.04 | 0.87 |
| Max drawdown (3Y) | -27.4% | -41.5% |
| Market cap | $42.6B | $4.3B |
| P/E (trailing) | 34.4 | 11.1 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | Real Estate | US Listed |
Year-by-year returns
| Year | CBRE | MAT |
|---|---|---|
| 2022 | -29.1% | -17.3% |
| 2023 | +21.0% | +5.8% |
| 2024 | +41.0% | -6.1% |
| 2025 | +22.5% | +11.9% |
| 2026 | -8.4% | -24.8% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CBRE and MAT good diversifiers for each other?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
FAQ
What is the correlation between CBRE and MAT?
As of 2026-08-27, the correlation of weekly returns between CBRE and MAT is 0.49 over 3 years, 0.59 over 1 year and 0.48 over 5 years.
Is MAT a good diversifier for CBRE?
A fair diversifier. At 0.49, enough of each asset's movement is its own that the pair has smoothed outcomes historically.
What does a correlation of 0.49 mean?
On the −1 to +1 scale, 0.49 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/cbre-vs-mat.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/cbre-vs-mat/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: CBRE correlations · MAT correlations
